Utz Brands

UTZ Brands, Inc. manufactures, markets, and distributes branded snacking products. It offers a broad range of salty snacks, including potato chips, pretzels, cheese, veggie, other snacks and pork skins. The firm’s brands include Utz, Zapp’s, Golden Flake, Good Health, Boulder Canyon and Hawaiian. The company was founded in 1921 and is headquartered in Hanover, PA.

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Utz Brands excels in Q4 2022, eyes growth amid challenges

Utz Brands delivered strong Q4 performance with growth in net sales, gross margins, and EBITDA, setting a positive outlook for fiscal 2023.
Strategic investments in key brands and capabilities position the company for future growth despite challenges like inflation and cost pressures.
Opportunities lie in margin expansion through operational efficiencies, distribution expansion, and debt reduction, signaling a proactive growth strategy.

Utz Brands reports strong Q1 performance, eyes growth opportunities

Utz Brands delivered solid Q1 performance with organic net sales growth, expanding margins, and strong brand performance.
The company's focus on power brands and innovation is driving market share gains and positioning for future growth.
Challenges include managing product mix optimization while sustaining sales growth momentum.
Opportunities lie in further expanding power brands, leveraging successful products like Salsa and Queso, and showcasing growth strategies at the upcoming Investor Day.

Utz Brands reports robust Q2 performance, focuses on innovation

Utz Brands showcased strong financial performance and raised outlook for the year.
Focus on brand building, consumer demand, and value creation is driving success.
Challenges in the core market are being addressed through innovation and marketing investments.
Opportunities for growth include expanding market share and driving consumer engagement.

Utz Brands reports solid Q3 growth amidst supply chain challenges

Utz Brands navigated challenges in core growth and supply chain optimization, leading to lower near-term sales outlook. Despite this, the company reported strong financial performance with increased EBITDA margins and a focus on delivering value to consumers.

Utz Brands posts robust Q4 results, eyes growth through innovation

Utz Brands delivered strong Q4 results with growth in adjusted EBITDA and retail sales, driven by pricing adjustments and marketing investments.
Challenges included volume impact from operational issues, but the company remains focused on driving growth through distribution gains and innovation.
Opportunities lie in tracking emerging trends, expanding e-commerce capabilities, and increasing advertising support for brand differentiation and market expansion.
Overall, Utz Brands aims to sustain growth through strategic investments in marketing, distribution, and productivity enhancements.

Utz Brands reports robust Q1 performance, eyes growth opportunities

Utz Brands' strong performance in Q1 2024, with margin expansion and strategic disposals, sets a positive trajectory. Challenges include inflation impacts and discrepancies in reported numbers, but opportunities lie in expansion and enhanced distribution. Continued focus on brand growth and market strategies will be key to sustained success.

Utz Brands anticipates Q4 growth through marketing and innovation

Utz Brands expects Q4 growth through marketing and distribution strategies
Focus on consumer engagement, unique products, and rational expansion
Challenges include competitive impact, promotional balance, and consumer shifts

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HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today reported financial results for the Company's fiscal first quarter ended April 3, 2022. Highlights: Net sales increased 26.6% year-over-year. Organic Net Sales increased 20.7% year over year. IRI retail sales increased 18.1% year-over-year driven by strong Power Brands growth of 20.1%(1). GAAP Net loss was $(31.9) million(2) vs. $(23.3) million in the y

Utz Brands Reports Record First Quarter Net Sales

KINGS MOUNTAIN, N.C.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (or the "Company"), a leading U.S. manufacturer of branded salty snacks, announced today that the Company's subsidiary Utz Quality Foods, LLC (“Utz”) has purchased a brand new, recently completed snack food manufacturing facility in Kings Mountain, North Carolina (the “Kings Mountain Facility”) from Evans Food Group Ltd. d/b/a Benestar Brands (“Benestar”) and related affiliates (the “Transaction”). The purchase includes the exi

Utz Brands to Add New Manufacturing Facility in Kings Mountain, NC

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands to report first quarter 2022 earnings on Thursday, May 12, 2022

Utz Brands to Report First Quarter 2022 Financial Results on May 12, 2022

Utz Brands Inc. UTZ, -3.46% was downgraded to neutral from outperform at Credit Suisse, with analysts expressing concern about the company's pricing power. Credit Suisse has a $16.50 price target on the snacks brand.

Utz downgraded at Credit Suisse over lack of pricing power

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HANOVER, Pa.--(BUSINESS WIRE)-- #UNMISTAKABLYUTZ--Utz Brands, Inc. is pleased to celebrate National Potato Chip Day with a fresh new look for its iconic Utz® brand potato chips line. Taking place on Monday, March 14th, National Potato Chip Day recognizes America's number one snack food -- potato chips! In 2021, U.S. households purchased 1.5 billion pounds of potato chips, as the original flavor still reigns supreme. BBQ is the unmistakable favorite for flavored potato chips, followed by cheddar cheese, sour cream

Utz Celebrates National Potato Chip Day With a Fresh New Look and More!

ANAHEIM, Calif.--(BUSINESS WIRE)-- #LOVECRUNCHYSNACKS--Utz Brands, Inc. is pleased to introduce new snack foods from its better-for-you portfolio, including Boulder Canyon® and Good Health®, at the Natural Products Expo West show. Held March 10 – 12th at the Anaheim Convention Center, show attendees who visit booth #671 will experience existing and new snacks with healthier credentials, including: Boulder Canyon 6 oz Thin & Crispy Jalapeño flavored Potato Chips! A thinner cut chip cooked in delicious avocado oi

Boulder Canyon & Good Health Unveil New Snacks at Expo West!

Utz Brands, Inc. (UTZ) CEO Dylan Lissette on Q4 2021 Results - Earnings Call Transcript

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands reports fourth quarter and full year 2021 financial results

Utz Brands Reports Fourth Quarter and Full-Year 2021 Financial Results

HANOVER, Pa.--(BUSINESS WIRE)--Utz to report fourth quarter and full year 2021 results on March 3, 2022

Utz Brands to Report Fourth Quarter and Full Year 2021 Financial Results on March 3, 2022

HANOVER, Pa.--(BUSINESS WIRE)-- #LOVEUTZ100YEAR100K--As it wraps up its first 100 years, Utz Brands, Inc. is excited to share and celebrate 100 years of making great-tasting snack foods for generations. And with its appreciation for the love of our faithful fans, Utz is eager to share this momentous occasion by commemorating the milestone with the 100 Years for Utz, $100,000 for You Sweepstakes1, your chance to win $100,000! That's one lucky fan, will it be you? To join the fun and celebrate Utz's 100th anniversary,

Utz Celebrates With 100 Years for Utz, $100,000 for You Sweepstakes!

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that Satyaki Lodh has been appointed Senior Vice President, Chief Information Officer. Mr. Lodh will lead the Information Technology organization that is enabling technology infrastructure, data, and insights to support the growing national footprint of Utz's brands. He will report to Ajay Kataria, Utz's Executive Vice President and Chief Fin

Utz Brands Appoints Satyaki Lodh as Senior Vice President, Chief Information Officer

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, announced that its subsidiaries have completed the acquisition of the assets of two existing third party direct store delivery (“DSD”) distributors, Clem Snacks, Inc. (“Clem,” a subsidiary of Clem Companies) and J&D Snacks, Inc. (“J&D”). The Company used balance sheet cash and its revolving credit facility to fund the acquisition and the impact to th

Utz Brands Completes Acquisition of Clem Snacks and J&D Snacks

The snack maker Utz announced Monday (Jan. 24) it will acquire two of its New York City-based distributors. The Pennsylvania chip and pretzel maker said it had signed an agreement to acquire the assets of Clem Snacks, Inc, based in Brooklyn and servicing around 100 stores in the city and Long Island, and J&D Snacks, […]

Snack Giant Utz Acquires Clem, J&D

Utz Brands Inc (NYSE: UTZ) subsidiaries have agreed to acquire the assets of two existing third-party direct store delivery distributors (DSD), Clem Snacks Inc and J&D Snacks Inc. Financial terms were not disclosed. Clem, founded in 1955, is a family-owned and operated distributor based in Brooklyn, New York.

Utz Brands Bolsters Direct Store Delivery Capabilities Via Clem Snacks, J&D Snacks Acquisitions

HANOVER, Pa.--(BUSINESS WIRE)--Utz announces acquisition of Clem Snacks and J&D Snacks.

Utz Brands to Acquire Clem Snacks and J&D Snacks

Stephens analyst Ben Bienvenu downgraded Utz Brands Inc (NYSE:UTZ) to Equal Weight from Overweight with a price target of $18, down from $23, implying a 9.4% upside. Bienvenu notes that the company appears to set up to deliver lower than consensus EBITDA numbers in Q4 as margins pressures continue to linger.

Stephens Downgrades This Snack Food Manufacturing Company

HANOVER, Pa.--(BUSINESS WIRE)--Utz announced IRI retail sales results through December 2021

Utz Brands Provides IRI Retail Sales Update

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks announced today that Pamela Stewart has been appointed as a Director on the Utz Board of Directors (“Board”). In this role, Ms. Stewart will also serve on the Board's Compensation Committee and provide strategic input to the Utz management team. “We are excited to welcome Pamela Stewart to the Board of Directors,” said Roger Deromedi, Chairman of the Board of

Utz Brands Appoints Pamela Stewart to Board of Directors

HANOVER, Pa.--(BUSINESS WIRE)--Utz closes RW Garcia acquisition

Utz Brands Completes Acquisition of RW Garcia

Utz Brands, Inc. (UTZ) CEO Dylan Lissette on Q3 2021 Results - Earnings Call Transcript

HANOVER, Pa.--(BUSINESS WIRE)--Utz reports third quarter 2021 financial results

Utz Brands Reports Third Quarter 2021 Financial Results

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that Chad Whyte will become Senior Vice President of Supply Chain Planning and Logistics effective January 3, 2022. Mr. Whyte will oversee all transportation and warehousing functions and will further develop the Company's sales and operations planning capabilities as it seeks to accelerate its supply chain network optimization programs and d

Utz Brands Appoints Chad Whyte to Senior Vice President of Supply Chain Planning and Logistics

HANOVER, Pa.--(BUSINESS WIRE)--Utz acquires RW Garcia

Utz Brands to Acquire RW Garcia

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands announces third quarter 2021 earnings date

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