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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GRAMERCY, La.--(BUSINESS WIRE)-- #Zappschips--Zapp's® is excited to celebrate its first ten-year anniversary under Utz Brands, Inc.'s family of snack food brands. Leveraging Utz's unique distribution system, Zapp's has been able to reach significantly more brand fans. And with Utz's Kitchen Specialists, Zapp's has continued to innovate and bring exciting new flavors to market. Over the past year alone, these efforts have made Zapp's the fastest growing potato chip brand in convenience stores,1 according to I

Zapp's® Celebrates Milestone Anniversary with the Perfect Ten Sweepstakes!

HANOVER, Pa.--(BUSINESS WIRE)-- #shareyouryahs--The TORTIYAHS!® Brand is excited to usher in Cinco De Mayo with its great tasting, family-favorite tortilla chips. As Cinco De Mayo is one of the top selling holidays of the year for tortilla chips, salsas and dips sales, “YAHS!” are the perfect complement. And with an average yearly growth rate of almost 200% during 2015 – 2020, according to IRI, TORTIYAHS! will be the talk of the celebration and party!1 To build on this excitement, look for money saving offers i

TORTIYAHS!® Brand Ushers in Cinco De Mayo With Promotions & Sweepstakes!

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (“Utz” or the “Company”) is pleased to announce the purchase of certain distribution rights in the Central Florida region from an existing third party direct store delivery (“DSD”) distributor, National Food Corp. This acquisition of 21 DSD routes provides Utz with an opportunity to accelerate the Company's share of the Salty Snack category across Central Florida, including Orlando, Tampa and Sarasota. As a large and vibrant market, Florida ranks

Utz Brands Announces Investment to Expand Florida DSD Capabilities

HANOVER, Pa.--(BUSINESS WIRE)-- #Utzteamrocks--Utz Brands, Inc. is pleased to announce an approximately $6 million-dollar profit sharing contribution for Utz Associates. Started over forty years ago, the Utz 401K Profit Sharing Plan is committed to supporting Utz Associates and their families based on the company meeting a range of corporate and operational goals. Since 2000, the 401K profit sharing contributions for Associates has exceeded $75 million dollars. This year's 401K profit sharing plan contribution

Utz Brands, Inc. Shares Success With Its Team!

Some Utz Brands buyers are opting for snacks with healthier ingredients such as the avocado oil used to cook the Boulder Canyon potato chips, Utz Brands CEO Dylan Lissette told CNBC. The snack company has been rebranding and developing the Boulder Canyon chips since it bought its manufacturer Inventure Foods in 2017, said Lissette on CNBC's Mad Money.

Utz CEO says that Boulder Canyon potato chips are doing well with customers looking for healthier snacks

Utz Brands plans to increase its digital market spending by about 60% this year. CEO Dylan Lissette said it provides the snacks company more flexibility.

Utz Brands doubles down on digital ads to grow snack sales, retain customers

The snack food maker's revenue guidance likely disappointed some investors.

Why Utz Stock Fell on Thursday Despite Earnings Crushing Expectations

Utz Brands, Inc. (UTZ) CEO Dylan Lissette on Q4 2020 Results - Earnings Call Transcript

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 14-week fiscal fourth quarter and 53-week fiscal 2020 ended January 3, 2021. “2020 was a transformational year for Utz. We began our new chapter as a publicly traded company, and we delivered double-digit retail sales growth, making Utz the #3 brand platform in U.S. Salty Snacks and one of the fastest growin

Utz Brands Reports Fourth Quarter and Full-Year 2020 Financial Results

HANOVER, Pa.--(BUSINESS WIRE)-- #Nationalpotatochipday--Utz Quality Foods, LLC, is pleased to usher in National Potato Chip Day, while it begins its 100th year of making great-tasting, family-favorite snack foods. Held this year on Sunday, March 14th, National Potato Chip Day recognizes America's number one snack food, potato chips! While the original reigns supreme and with a total of 1.6 billion pounds sold in 2020, BBQ is the clear favorite flavor when it comes to flavored potato chips. To celebrate this auspicious

Utz Celebrates National Potato Chip Day With Promotions and Sweepstakes Galore!

HANOVER, Pa.--(BUSINESS WIRE)--Utz to report fourth quarter and full-year financial results on March 18, 2021

Utz Brands to Report Fourth Quarter and Full Year 2020 Financial Results on March 18, 2021

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HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), announced today the closing of its term loan refinancing. Initially contemplated as a $310 million add-on to the existing Term Loan B due 2024, following robust investor demand, Utz placed a new $720 million Term Loan B due 2028 (the “New Term Loan”), enabling the Company to extend its maturity profile and reset certain terms of its credit agreement. The New Term Loan, together with approximately $181 million

Utz Brands Announces Closing of Term Loan Refinancing

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HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), announced that as of January 8, 2021, approximately 11.4 million public warrants and forward purchase warrants (the “Redeemable Warrants”) had been exercised. As previously announced on December 14, 2020, the Company provided notice to the holders of the Redeemable Warrants that their warrants will be redeemed in accordance with the terms of such Redeemable Warrants on January 14, 2021. As a courtesy, the Comp

Utz Brands Reminds Investors of Redemption of Warrants

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 subsidiary Utz Quality Foods, LLC (“UQF”) has entered into a definitive agreement with Snak-King Corp. (“Snak King”) to acquire certain assets related to the Vitner's brand (“Vitner's”), a leading brand of snack foods in the Chicago metropolitan market, for a total purchase price of $25 million, subject to customary purchase price adjustme

Utz Brands to Acquire Vitner's Snack Food Brand and Distribution Assets

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 Kevin Powers has been appointed Senior Vice President, Investor Relations, effective January 4, 2021. Mr. Powers joins Utz with nearly 15 years of experience in investor relations, with a strong background in consumer packaged goods and retail. Mr. Powers will report to Cary Devore, EVP & Chief Financial Officer. “As a newly public c

Utz Brands Appoints Kevin Powers as Senior Vice President, Investor Relations

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 Dylan Lissette, Chief Executive Officer, and Cary Devore, Chief Financial Officer, will be hosting a fireside chat discussion at the 2021 ICR Conference. The discussion will be on Wednesday, January 13, 2021 at 8:30 a.m. ET and the webcast can be accessed live at the “Events & Presentations” section of Utz's Investor Relations websit

Utz Brands to Participate in the 2021 ICR Conference

Early investors in this newly public snack food maker are solidly in the chips.

Why Utz Stock Continued to Rise Last Month and Is Now Up 36% Since Going Public

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WALNUT CREEK, Calif., Dec. 14, 2020 /PRNewswire/ -- Insignia Capital Group today announced that it has completed the previously announced sale of Truco Enterprises ("Truco" or the "Company") to Utz Brands (NYSE: UTZ) in a transaction valued at approximately $480 million in cash. Truco is...

Utz Brands Completes Acquisition Of Insignia Portfolio Company Truco Enterprises

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”) announced that effective today, its subsidiaries Utz Quality Foods, LLC (“UQF”) and Heron Holding Corporation have completed the acquisition of Truco Enterprises (“Truco”), a leading seller of tortilla chips, salsa and queso under the ON THE BORDER® (“OTB”) brand, for a total purchase price of $480 million, subject to a customary post-closing purchase price adjustment. The acquisition includes the ON THE BORDER

Utz Brands Completes Acquisition of ON THE BORDER® Tortilla Chips

The shares of UTZ Brands Inc (NYSE:UTZ) are up 3.4% at $18.78 at last check, after Piper Sandler upgraded the snack giant to "overweight" from "neutral," with an added price-target hike to $22 from $18.

Bull Notes Boost Snack Giant on Acquisition Buzz

Utz Brands (UTZ) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

Utz Brands (UTZ) in Focus: Stock Moves 6.2% Higher

The potato chip king is getting into tortilla chips, too.

News for Utz Brands Stock (UTZ)