Reports Q4 revenue $292.05M, consensus $262.69M. “Fiscal year 2023 was a landmark year for Sovos Brands,” commented Todd Lachman, CEO. “Our team delivered sector-leading, volume-driven top and bottom-line growth, surpassing $1 billion of net sales and $150 million of adjusted EBITDA, expanded margins by nearly 200 bps and improved net leverage to 1.6x. Notably, net sales growth was driven primarily by volumes in contrast to most of our peers.”
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