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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Associated British Foods PLC

Investors interested in Food - Miscellaneous stocks are likely familiar with Associated British Foods PLC (ASBFY) and Utz Brands (UTZ). But which of these two stocks is more attractive to value investors?

ASBFY or UTZ: Which Is the Better Value Stock Right Now?

HANOVER, Pa.--(BUSINESS WIRE)--Utz®, a leading U.S. manufacturer of branded salty snacks, has teamed up with Mike's Hot Honey®, America's No. 1 brand of hot honey, to create the Utz® Mike's Hot Honey® Potato Chip. Available for a limited time only, this bold new potato chip is crafted by covering classic Utz Original Potato Chips with cravable Mike's Hot Honey flavor for a sweet, salty crunch that finishes with a kick of heat. These mouth-watering potato chips come in a range of convenient size.

Utz and Mike's Hot Honey Bring the Heat With a New Hot Honey Potato Chip!

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, plans to present at the Goldman Sachs Global Staples Forum on Tuesday, May 16, 2023, at 11:40 a.m. ET. Media and investors may access the live audio webcast at https://investors.utzsnacks.com/. About Utz Brands, Inc. Utz Brands, Inc. (NYSE: UTZ) manufactures a diverse portfolio of savory snacks through popular brands including Utz®, On The Border® Chips &amp.

Utz Brands, Inc. to Webcast Presentation at the Goldman Sachs Global Staples Forum on May 16

Utz Brands logged solid sales growth in the first quarter, but only because it raised its prices. The company affirmed its 2023 sales forecast.

Why Utz Brands Stock Fell on Thursday

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 2, 2023. 1Q'23 Summary: Net sales increased 3.1% year-over-year to $351.4 million Organic Net Sales increased 4.0% year-over-year Net loss of $(14.5) million vs. a net loss of $(31.9) million in the year-ago period Adjusted EBITDA increased 10.7% year-over-year to $40.4 milli.

Utz Brands Reports First Quarter 2023 Results

Utz Brands (UTZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Utz Brands (UTZ) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Utz Brands (UTZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Utz Brands (UTZ) is Poised to Beat Earnings Estimates Again

Investors interested in stocks from the Food - Miscellaneous sector have probably already heard of Associated British Foods PLC (ASBFY) and Utz Brands (UTZ). But which of these two companies is the best option for those looking for undervalued stocks?

ASBFY vs. UTZ: Which Stock Should Value Investors Buy Now?

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its first quarter 2023 financial results on Thursday, May 11, 2023, before market open. The Company will host a conference call and webcast with members of the executive management team to discuss these results at 8:30 a.m. Eastern Time. Please visit the “Events & Presentations” section of Utz's Investor Relations websi.

Utz Brands to Report First Quarter 2023 Financial Results on May 11, 2023

Utz Brands: A Dividend Growth Stock In The Making

Utz Brands, Inc. is on the list of the country's top 10 salty snack makers, with notable brands like Utz, Zapp's, and On The Border. Utz Brands catalysts include favorable changes made by the new CEO, a more aggressive pace of portfolio optimization, and the introduction of new profitability enhancement measures.

Utz Brands: Multiple Catalysts

Utz Brands, Inc. (NYSE:UTZ ) Q4 2022 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Kevin Powers – Senior Vice President-Investor Relations Howard Friedman – Chief Executive Officer Ajay Kataria – Executive Vice President and Chief Financial Officer Cary Devore – Executive Vice President and Chief Operating Officer Conference Call Participants Andrew Lazar – Barclays Michael Lavery – Piper Sandler Rupesh Parikh – Oppenheimer Peter Galbo – Bank of America Jason English – Goldman Sachs Robert Moskow – Credit Suisse Bill Chappell – Truist Securities Mitch Pinheiro – Sturdivant & Company Operator Good morning. My name is Adra and I will be your conference operator today.

Utz Brands, Inc. (UTZ) Q4 2022 Earnings Call Transcript

Utz Brands (UTZ) delivered earnings and revenue surprises of 25% and 6.67%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Utz Brands (UTZ) Beats Q4 Earnings and Revenue Estimates

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 fourth quarter and full year ended January 1, 2023. 4Q'22 Summary: Net sales increased 17.9% year-over-year to $354.7 million Organic Net Sales increased 15.9% year-over-year Gross profit margin expanded to 32.5% vs. 30.1% in the year-ago period Adjusted Gross Profit Margin expanded to 36.6% vs. 34.

Utz Brands Reports Fourth Quarter and Full Year 2022 Results

ASBFY vs. UTZ: Which Stock Is the Better Value Option?

HANOVER, Pa.--( BUSINESS WIRE )--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its fourth quarter and full year 2022 financial results on Thursday, March 2, 2023, before market open.

Utz Brands to Report Fourth Quarter and Full Year 2022 Financial Results on March 2, 2023

The salty snack category is attractive and resilient. UTZ has a strong manufacturing and distribution network that is hard to replicate.

Utz Brands: Capturing Share In The U.S. Salty Snack Category

The company is, relative to the U.S. salty snacks market, a small player (TTM 4.95% market share) that is growing very fast. I believe that the company is undervalued, but with a big caveat, as represented by a net debt/EBITDA of 5x.

Utz Brands: Potential Upside Ahead With A Caveat

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 its Board of Directors has approved an annual dividend increase from $0.216 to $0.228 per share. This increase is supported by the Company's growth since going public in 2020.

Utz Brands Board of Directors Increases Quarterly Cash Dividend

Utz Brands, Inc. (NYSE:UTZ ) Q3 2022 Earnings Conference Call November 10, 2022 8:30 AM ET Company Participants Kevin Powers - Head of Investor Relations Dylan Lissette - Chief Executive Officer Ajay Kataria - EVP & Chief Financial Officer Cary Devore - EVP & Chief Operating Officer Conference Call Participants Andrew Lazar - Barclays Jason English - Goldman Sachs Robert Moskow - Credit Suisse Michael Lavery - Piper Sandler Bill Chappell - Truist Securities Jim Salera - Stephens Peter Galbo - Bank of America Operator Good morning, and welcome to Utz Brands Third Quarter 2022 Earnings Conference Call. All parties are in a listen-only mode.

Utz Brands, Inc. (UTZ) Q3 2022 Earnings Call Transcript

Utz Brands (UTZ) delivered earnings and revenue surprises of 14.29% and 6.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Utz Brands (UTZ) Beats Q3 Earnings and Revenue Estimates

Utz Brands Reports Third Quarter Results and Raises Full-Year 2022 Outlook

Utz Brands, Inc. to Webcast Presentation at the Stephens Annual Investment Conference on November 16

The average of price targets set by Wall Street analysts indicates a potential upside of 25.1% in Utz Brands (UTZ). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

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