Page 29 - Sovos Brands News Today

Campbell Soup will purchase Rao's premium sauce maker Sovos Brands for $2.33 billion, at $23 per share.

Sovos Brands, Inc. reported earnings results for the second quarter and six months ended July 01, 2023. For the second quarter, the company reported sales was USD 217.64 million compared to USD 197.43...

Campbell Soup Company (NYSE: CPB) has agreed to acquire Sovos Brands Inc (NASDAQ: SOVO) for $23 per share in cash, representing a total 

Packaged food maker Campbell Soup CPB-N said on Monday it would acquire Sovos Brands SOVO-Q for $2.33 billion. Campbell will pay $23 per share in cash for the…

/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws...

S&P Global Ratings lowered Campbell Soup’s cos. rating to BBB- from BBB on Monday, placing it one notch above speculative-grade, or junk, status. The move...

-- Sovos Brands reported fiscal Q2 adjusted earnings Monday of $0.17 per diluted share, up from $0.13 a year earlier. Analysts polled by Capital IQ expected $0.13. Net sales for the quarter ended...

Campbell has a deal to take this fast-growing food company off the market.

Campbell Soup will pay $2.7 billion in cash to buy Sovos Brands, parent of Rao’s pasta sauces and noosa yogurts, and will borrow to fund it.