|Bid||60.17 x 1800|
|Ask||60.60 x 1800|
|Day's Range||60.22 - 60.72|
|52 Week Range||53.96 - 64.65|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||16.06|
|Earnings Date||Dec 15, 2021 - Dec 20, 2021|
|Forward Dividend & Yield||2.04 (3.37%)|
|Ex-Dividend Date||Jul 08, 2021|
|1y Target Est||63.17|
Sovos Brands, Inc. (NASDAQ: SOVO) begins trading Thursday after IPO Company nurtures one-of-a-kind food brands into nationwide powerhouses Brands include Rao’s, Noosa yoghurt, Michael Angelo’s frozen entrees and Birch Benders Those brands reflect a track record and playbook for more M&A in other categories Sovos generated 26% annualized organic sales growth since 2018, reaching $669 […]
Here are some insights about why they've made their transitions, how they've done them and advice for others considering similar moves.
The packaged-food company is facing hundreds of disruptions across its operations, ranging from pricier raw ingredients to a shortage of truck drivers, which executives said will push up prices for supermarket customers over the months ahead.