Sovos Brands, Inc.
Customers
3
2 disclosed
Suppliers
0
None disclosed
Largest customer
18%
COST · FY to 2023-12-30
Named-customer revenue
$316.3M
2 customers · FY to 2023-12-30
Latest period
Dec 30, 2023
10-K filed 2024-02-28
Customers 3
Companies Sovos Brands, Inc. discloses as major customers, as a share of Sovos Brands, Inc. revenue. 2 active, 1 lapsed.
| Company | % of Sovos Brands, Inc. revenue | Est. revenue | Period | Trend | Status | Source |
|---|---|---|---|---|---|---|
| COST COSTCO WHOLESALE CORP /NEW |
18% | $183.7M | FY 2023-12-30 | +1.0pp | Active | 10-K 2024-02-28 |
In fiscal 2023, our largest customers, Costco Wholesale Corporation (“Costco”) and Walmart Inc. (“Walmart”), accounted for approximately 18% and 13%, respectively, of our gross sales, and our top five largest customers together accounted for approximately 51% of our gross sales. Costco Wholesale Corporation 18 % 17 % 18 % | ||||||
| WMT Walmart Inc. |
13% | $132.7M | FY 2023-12-30 | ±0.0pp | Active | 10-K 2024-02-28 |
In fiscal 2023, our largest customers, Costco Wholesale Corporation (“Costco”) and Walmart Inc. (“Walmart”), accounted for approximately 18% and 13%, respectively, of our gross sales, and our top five largest customers together accounted for approximately 51% of our gross sales. | ||||||
| UNFI Distributor UNITED NATURAL FOODS INC |
10% | $87.8M | FY 2022-12-31 | Lapsed Last seen 2022-12-31 |
10-K 2024-02-28 | |
Fiscal Year Ended December 30, 2023 December 31, 2022 December 25, 2021Costco Wholesale Corporation 18% 17% 18%Walmart Inc. 13% 13% 13%United Natural Foods, Inc. N/A 10% 11% ___________ N/A – Not applicable as the customer was not significant during these fiscal years.At December 30, 2023 and December 31, 2022, the following percentages of the Company’s accounts receivable, net were related to these significant customers for the periods in which the customers were significant: Fiscal Year Ended December 30, 2023 December 31, 2022Costco Wholesale Corporation 22% 32%Walmart Inc. 16% 15%United Natural Foods, Inc. N/A N/A ___________ N/A – Not applicable as the customer was not significant during these fiscal years.No other customers individually had greater than 10% of total gross sales during these periods. | ||||||
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