Latest news with #UtzBrands
Business Wire
5 days ago
- Business
- Business Wire
Utz Brands to Webcast Presentation at the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference on June 10
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) ('Utz' or the 'Company'), a leading U.S. manufacturer of branded Salty Snacks and a small-cap value Staples equity, announced today that the Company plans to webcast their presentation at the virtual Oppenheimer 25th Annual Consumer Growth and E-Commerce on June 10, 2025, at 12:45 p.m. ET. The live webcast will be made accessible at the 'Events & Presentations' section of Utz's investor relations website at The replay will be archived online for 90 days. 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 & Dips, Zapp's®, and Boulder Canyon®, among others. After over a century with a strong family heritage, Utz continues to have a passion for exciting and delighting consumers with delicious snack foods made from top-quality ingredients. Utz's products are distributed nationally through grocery, mass merchandisers, club, convenience, drug, and other channels. Based in Hanover, Pennsylvania, Utz has multiple manufacturing facilities located across the U.S. to serve our growing customer base. For more information, please visit the Company's website or call 1‐800‐FOR‐SNAX. Investors and others should note that Utz announces material financial information to its investors using its Investor Relations website, U.S. Securities and Exchange Commission (the 'Commission') filings, press releases, public conference calls, and webcasts. Utz uses these channels, as well as social media, to communicate with our stockholders and the public about the Company, the Company's products, and other Company information. It is possible that the information that Utz posts on social media could be deemed to be material information. Therefore, Utz encourages investors, the media, and others interested in the Company to review the information posted on the social media channels listed on Utz's Investor Relations website.
Yahoo
15-05-2025
- Business
- Yahoo
UTZ Q1 Earnings Call: Bonus Packs Drive Growth, Boulder Canyon Expands Distribution
Snack food company Utz Brands (NYSE:UTZ) announced better-than-expected revenue in Q1 CY2025, with sales up 1.6% year on year to $352.1 million. Its non-GAAP profit of $0.16 per share was in line with analysts' consensus estimates. Is now the time to buy UTZ? Find out in our full research report (it's free). Revenue: $352.1 million vs analyst estimates of $350.2 million (1.6% year-on-year growth, 0.6% beat) Adjusted EPS: $0.16 vs analyst estimates of $0.15 (in line) Adjusted EBITDA: $64.51 million vs analyst estimates of $44.79 million (18.3% margin, 44% beat) Operating Margin: 1.6%, down from 2.8% in the same quarter last year Free Cash Flow was -$59.01 million compared to -$22.7 million in the same quarter last year Organic Revenue rose 2.9% year on year (1.5% in the same quarter last year) Market Capitalization: $1.09 billion Utz's first quarter results reflected the impact of targeted promotional strategies and channel expansion, as management focused on leveraging bonus pack promotions and expanding distribution in both core and new geographies. CEO Howard Friedman emphasized that strong performance in untracked channels, such as the natural and discount segments, was supported by improved operations at the new Rice distribution center, which consolidated several warehouses and enhanced shipment efficiency. Looking ahead, Utz's leadership pointed to innovation and further distribution gains as key elements of their forward strategy. Friedman acknowledged that the bonus pack program was a temporary value offering and will wind down as the company shifts focus toward innovation, marketing, and maintaining fair pricing. He noted, 'We will continue to look at ways to address value as we go forward,' signaling flexibility in response to consumer and competitive trends. Utz's management highlighted several business drivers and strategic moves affecting Q1 performance, while addressing the evolving consumer landscape and competitive environment. Untracked channel momentum: The company experienced substantial growth in natural, discount, and club channels, which are not fully captured in traditional retail data. This expansion was aided by streamlined operations at the Rice distribution center, improving shipment timing and throughput. Bonus pack promotions: Volume share gains in core geographies were driven by the limited-time bonus pack initiative, which provided added value to consumers while serving as a trial mechanism in new expansion markets. Management confirmed the program will wind down as summer approaches. Boulder Canyon brand expansion: Boulder Canyon continued to perform well, benefiting from increased distribution and new product launches such as Canyon Poppers and a wavy chip line. Management reported that both distribution and velocity (sales per point of distribution) increased, particularly in the natural channel. On The Border innovation: The On The Border brand saw further growth through expanded flavored tortilla chip offerings and additional distribution, with management identifying further white space for new products and formats. Channel diversification and consumer behavior: Utz observed resilient demand from value-seeking consumers across premium and value product lines. Management attributed this to a combination of targeted merchandising, product innovation, and adapting to shifting consumer preferences in both mainstream and value channels. Management's outlook for the coming quarters centers on innovation, distribution expansion, and adapting to consumer value-seeking trends, while navigating increased competition and evolving category dynamics. Innovation and product launches: The company plans to emphasize new product development, particularly within Boulder Canyon and On The Border, aiming to capture incremental growth as consumer interest in natural and flavored snacks rises. Distribution gains in core and new markets: Continued expansion into underpenetrated markets and increased presence in conventional grocery and natural channels are expected to support revenue growth, with management citing significant remaining white space. Shift from promotional to marketing investment: As the bonus pack promotion winds down, Utz will refocus on marketing and innovation to drive volume and maintain pricing discipline, acknowledging potential risks if consumer value preferences or competitive dynamics shift unexpectedly. Andrew Lazar (Barclays): Asked about the discrepancy between flat retail sales and reported organic growth; management cited strong results in untracked channels and clarified revenue recognition timing, indicating there was no pull-forward. Peter Galbo (Bank of America): Inquired about the impact of bonus pack promotions on price and volume; CFO Ajay Kataria confirmed most price investment was linked to bonus packs, with limited ongoing price cap investments. Michael Lavery (Piper Sandler): Sought insight on growth expectations for non-branded and partner brands; management stated partner brands are expected to decline gradually as Utz-branded products increase their share on distribution routes. Jim Salera (Stephens Inc.): Asked about household overlap between premium Boulder Canyon and value-oriented Utz brands; CEO Howard Friedman explained Boulder Canyon skews toward affluent, health-oriented consumers while Utz targets mainstream households, with some expected overlap. Scott Marks (Jefferies): Questioned whether bonus pack-driven share gains could continue if consumer sentiment weakens; management reiterated willingness to revisit the program as needed but stressed innovation and marketing as primary drivers moving forward. In the coming quarters, the StockStory team will be monitoring (1) the impact of winding down bonus pack promotions on volume and pricing mix, (2) Boulder Canyon's progress in gaining shelf space and consumer traction across new channels, and (3) the effectiveness of innovation and marketing initiatives as Utz shifts away from promotional-driven growth. Sustained gains in distribution and household penetration will be critical markers of execution. Utz currently trades at a forward P/E ratio of 14.4×. In the wake of earnings, is it a buy or sell? Find out in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
Utz Brands Showcase Seasonal Snack Collections, Innovations at 2025 Sweets & Snacks Expo
Utz Brands showcases seasonal snack collections and innovations at the 2025 Sweets & Snacks Expo. Source: Utz Brands, Inc. Utz, Zapp's, Boulder Canyon and On The Border present bold new flavors and beloved brand classics at premier industry event HANOVER, Pa., May 07, 2025--(BUSINESS WIRE)--Utz Brands, Inc.®, a leading U.S. manufacturer of branded salty snacks for more than 100 years, will showcase its Utz®, Zapp's®, Boulder Canyon® and On The Border® Chips & Dips fan-favorite products and new flavor innovations in booth #2714 at the 2025 Sweets & Snacks Expo, held May 13-15 in Indianapolis. This year at the Sweets & Snacks Expo, Utz Brands will showcase its extensive year-round seasonal collections, featuring specially crafted snacks for Valentine's Day, Easter, sports seasons, Halloween and winter holidays. "Our expanded portfolio, from bold flavor collaborations to seasonal offerings, represents our commitment to providing the right snack for every occasion, all year round," said Stacey Schultz, senior vice president of marketing at Utz Quality Foods, LLC, a subsidiary of Utz Brands, Inc. "We're meeting consumers at the intersection of tradition and innovation, while maintaining the quality our customers know and love." Available for a limited time only this summer, Utz's summer seasonal potato chip is a lemonade-flavored potato chip created as a collaboration between Utz and Alex's Lemonade Stand Foundation, the largest independent childhood cancer charity in the U.S. The unique new Utz Lemonade Potato Chips combine the tangy sweetness of lemonade with the classic salty crunch of Utz potato chips, delivering a bold, unique flavor experience. Utz will donate a portion of the sales of the chips, up to $25,000, to Alex's Lemonade Stand Foundation, funding critical research and support for children battling cancer. As spicy snacks continue to drive category growth, Utz Brands has once again partnered with Mike's Hot Honey®, a leading brand of hot honey that originated in a Brooklyn pizza parlor, on two exciting limited-time offerings: Utz Cheese Pizza Mike's Hot Honey flavored Cheese Balls® that combine the taste of pizza with a sweet-and-spicy kick in America's #1 cheese ball. Available through October 2025, while supplies last. Boulder Canyon, the No. 1 potato chip brand in the natural channel1 and experiencing rapid growth across other retail channels, introduces Mike's Hot Honey ® flavored kettle-cooked chips made with avocado oil. Available through March 2026. The Utz Brands portfolio will also highlight additional innovative products in the trending flavored pretzel category, including:
Business Wire
07-05-2025
- Entertainment
- Business Wire
Utz Brands Showcase Seasonal Snack Collections, Innovations at 2025 Sweets & Snacks Expo
HANOVER, Pa.--(BUSINESS WIRE)-- Utz Brands, Inc. ®, a leading U.S. manufacturer of branded salty snacks for more than 100 years, will showcase its Utz®, Zapp's®, Boulder Canyon® and On The Border® Chips & Dips fan-favorite products and new flavor innovations in booth #2714 at the 2025 Sweets & Snacks Expo, held May 13-15 in Indianapolis. This year at the Sweets & Snacks Expo, Utz Brands will showcase its extensive year-round seasonal collections, featuring specially crafted snacks for Valentine's Day, Easter, sports seasons, Halloween and winter holidays. ' Our expanded portfolio, from bold flavor collaborations to seasonal offerings, represents our commitment to providing the right snack for every occasion, all year round,' said Stacey Schultz, senior vice president of marketing at Utz Quality Foods, LLC, a subsidiary of Utz Brands, Inc. ' We're meeting consumers at the intersection of tradition and innovation, while maintaining the quality our customers know and love. ' Available for a limited time only this summer, Utz's summer seasonal potato chip is a lemonade-flavored potato chip created as a collaboration between Utz and Alex's Lemonade Stand Foundation, the largest independent childhood cancer charity in the U.S. The unique new Utz Lemonade Potato Chips combine the tangy sweetness of lemonade with the classic salty crunch of Utz potato chips, delivering a bold, unique flavor experience. Utz will donate a portion of the sales of the chips, up to $25,000, to Alex's Lemonade Stand Foundation, funding critical research and support for children battling cancer. As spicy snacks continue to drive category growth, Utz Brands has once again partnered with Mike's Hot Honey®, a leading brand of hot honey that originated in a Brooklyn pizza parlor, on two exciting limited-time offerings: Utz Cheese Pizza Mike's Hot Honey flavored Cheese Balls® that combine the taste of pizza with a sweet-and-spicy kick in America's #1 cheese ball. Available through October 2025, while supplies last. Boulder Canyon, the No. 1 potato chip brand in the natural channel 1 and experiencing rapid growth across other retail channels, introduces Mike's Hot Honey ® flavored kettle-cooked chips made with avocado oil. Available through March 2026. The Utz Brands portfolio will also highlight additional innovative products in the trending flavored pretzel category, including: New Utz Sour Cream & Onion Mixed Minis Pretzels, inspired by the brand's top-selling potato chip flavor. The new flavor joins Garlic Butter and Mike's Hot Honey® flavors in the Utz Mixed Minis Pretzel line, first launched in February 2024 in three bite-sized shapes: Twists, Rings and Waffles. Zapp's Big Cheezy Sinfully Seasoned® Pretzel Stix, a blend of cheddar cheese flavor and Cajun seasoning for a flavorful, crunchy pretzel. Big Cheezy joins Zapp's existing Sinfully Seasoned Pretzel Stix lineup alongside Voodoo®, Jazzy Honey Mustard, Sweet Cinnamon & Sugar and Spicy Cajun. Other new Utz Brands products being sampled at the Sweets & Snacks Expo include: Boulder Canyon 's new wavy varieties — Wavy Sea Salt and Wavy Cheddar Sour Cream — both cooked in avocado oil, offer a perfectly ridged texture that delivers maximum crunch and flavor in every bite. Boulder Canyon now delivers avocado oil in all segments of the potato chip category. On The Border, the No. 2 unflavored tortilla chip brand 2 known for its full lineup of restaurant-inspired chips, salsas, and quesos, expands its best-selling Café Style line with two new flavored varieties, Lime & Sea Salt and Garlic & Mexican Herb, lightly seasoned to be the perfect complement for dips. All Utz Brands products are available for purchase online at and leading retailers nationwide. For more information, follow Utz on Facebook, Instagram and TikTok, Zapp's on Facebook, Instagram and TikTok, Boulder Canyon on Facebook, Instagram and TikTok, and On The Border on Facebook, Instagram and TikTok. 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 & Dips, Zapp's®, and Boulder Canyon®, among others. After a century with a strong family heritage, Utz continues to have a passion for exciting and delighting consumers with delicious snack foods made from top-quality ingredients. Utz's products are distributed nationally through grocery, mass merchandisers, club, convenience, drug and other channels. Based in Hanover, Pennsylvania, Utz has multiple manufacturing facilities across the U.S. to serve its growing customer base. For more information, please visit or call 1‐800‐FOR‐SNAX. Utz Brands showcases seasonal snack collections and innovations at the 2025 Sweets & Snacks Expo. 1 Spins L12wks end 4/20/25 Total US - Natural Channel 2 Circana L52wks end 3/30/25 Total US – Multi Outlet + with Conv
Yahoo
30-04-2025
- Business
- Yahoo
Utz Brands (UTZ) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Utz Brands (UTZ) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on May 1, 2025, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of +14.3%. Revenues are expected to be $352.13 million, up 1.6% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Utz Brands, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.59%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination makes it difficult to conclusively predict that Utz Brands will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Utz Brands would post earnings of $0.19 per share when it actually produced earnings of $0.22, delivering a surprise of +15.79%. Over the last four quarters, the company has beaten consensus EPS estimates three times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Utz Brands doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Lancaster Colony (LANC), another stock in the Zacks Food - Miscellaneous industry, is expected to report earnings per share of $1.61 for the quarter ended March 2025. This estimate points to a year-over-year change of +11.8%. Revenues for the quarter are expected to be $484.25 million, up 2.7% from the year-ago quarter. The consensus EPS estimate for Lancaster Colony has been revised 0.3% lower over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Lancaster Colony will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Utz Brands, Inc. (UTZ) : Free Stock Analysis Report Lancaster Colony Corporation (LANC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
