By Exec Edge Editorial Staff Sovos Brands, Inc. (Nasdaq: SOVO) sales rose last year on strong demand for its Rao’s brand sauces, frozen foods, soup and pastas, the company said in a statement. In 2022, net sales were $878.4...

By Exec Edge Editorial Staff The Duckhorn Portfolio, Inc.’s (NYSE: NAPA) shares rose 6% in aftermarket hours Wednesday after the luxury wine company raised guidance for fiscal 2023. The company, whose brands include Duckhorn, Decoy adn Kosta Browne, expects net...

By Exec Edge Editorial Staff First Watch Restaurant Group, Inc. (NASDAQ: FWRG) said revenue increased 21.5% to $730.2 million in 2022. The daytime dining chain serving breakfast, brunch and lunch opened 43 restaurants across 16 states resulting in a total...

By Jarrett Banks Chicago fast-casual favorite Portillo’s Inc. (Nasdaq: PTLO) said 2022 revenue increased increased 9.7% to $587.1 million, and net income increased $30.6 million to $17.2 million. The chain swung to a profit in the fourth quarter as higher menu prices...

By Exec Edge Editorial Staff Department-store chain Kohl’s Corp. (NYSE: KSS), which owns brands including Sephora, Eddie Bauer and Columbia, reported a surprising decline in sales but indicated steps were underway to manage inflationary challenges. Net sales for the fourth...

By Jarrett Banks Dow Inc. (NYSE: DOW) and X-Energy Reactor Co., LLC will jointly deploy the first grid-scale advanced nuclear reactor for an industrial site in North America, the companies said in a statement. Dow and X-energy signed a joint development...

By Exec Edge Editorial Staff Santa Monica-based medical apparel maker FIGS, Inc. reported a jump in revenue thanks to more orders from existing and new customers. The company, which went public in early 2021, said fourth-quarter 2022 revenue rose 12.6%...

By Jarrett Banks Hair-care products company Olaplex Holdings, Inc. (Nasdaq: OLPX) said sales increased last year on strong domestic and international demand. Net sales increased 17.7% to $704.3 million in 2022, including a 15.4% increase in the U.S. and a 20.9% gain...

By Exec Edge Editorial Staff Home solutions provider Betterware de Mexico S.A.P.I. de C.V. (Nasdaq: BWMX) reported a surge in fourth-quarter revenue following the acquisition of Jafra Mexico and Jafra USA. Revenue rose 48% to 3.229 billion Mexican pesos ($177...

  By Jarrett Banks Olo Inc. (NYSE: OLO) shares rose after the restaurant software company gave a revenue outlook for the current year that topped the average analyst estimate. It also reported fourth-quarter results that analysts say point to improved...