Brief: Sovos Brands Reports First Quarter 2022 Financial Results

Sovos Brands

04/05/2022 22:24

May 4 (Reuters) - Sovos Brands Inc  SOVO.O :
    * SOVOS BRANDS REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.14
    * Q1 EARNINGS PER SHARE $0.04
    * Q1 SALES ROSE 10.9 PERCENT TO $209.9 MILLION
    * QTRLY NET SALES WERE $209.9 MILLION, A 10.9% INCREASE
    * Q1 EARNINGS PER SHARE VIEW $0.12, REVENUE VIEW $205.6
MILLION --
REFINITIV IBES DATA
    * MAINTAINING 2022 NET SALES AND ADJUSTED EBITDA GUIDANCE
RANGES
OF $800-$815 MILLION AND $116-$122 MILLION RESPECTIVELY

Source text for Eikon:  ID:nGNX9qVCz7 
Further company coverage:  SOVO.O 

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