Utz Brands Reports Third Quarter 2024 Results and Reaffirms 2024 Outlook Hanover, PA – October 31, 2024 – 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, today reported financial results for the Company's fiscal third quarter ended September 29, 2024. 3Q'24 Summary • Net Sales of $365.5 million • Organic Net Sales increased 1.9% • Gross Profit Margin expansion of 370bps • Adjusted Gross Profit Margin expansion o ...

Key Takeaways Utz lowered its organic net sales growth projection to between 2% and 2.5%. The chip and pretzel company said it expects consumers to be more value-conscious in the back half of 2024, creating a more competitive promotional environment. Utz's adjusted EPS projection remained unchanged, and near the Street's consensus. Utz Brands (UTZ) shares fell after the snack manufacturer dropped its full-year guidance. The company, known for its namesake chips along with a range of other chip and pretzel b ...

Shares of Utz Brands (UTZ) have gained 9.2% over the past four weeks to close the last trading session at $16.69, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $20.91 indicates a potential upside of 25.3%. The mean estimate comprises 11 short-term price targets with a standard deviation of $2.51. While the lowest estimate of $17 indicates a 1.9% increase from the current price ...

Utz Brands (UTZ) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.76%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.14, delivering a surprise of 7.69%. Over the last four quarters, the company has su ...

Core Insights - The article compares Utz Brands (UTZ) and Celsius Holdings Inc. (CELH) to determine which stock offers better value for investors [1] - It emphasizes the importance of combining a strong Zacks Rank with favorable valuation metrics to identify value opportunities [2] Valuation Metrics - Utz Brands has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to Celsius Holdings Inc., which has a Zacks Rank of 3 (Hold) [3] - Key valuation metrics for Utz include a forward P/E ratio of 22.92 and a PEG ratio of 1.13, while Celsius has a forward P/E of 53.71 and a PEG ratio of 1.65 [5] - Utz's P/B ratio is 1.67, significantly lower than Celsius's P/B ratio of 39.08, indicating a more attractive valuation for Utz [6] Conclusion - Overall, Utz Brands shows stronger estimate revision activity and more appealing valuation metrics, making it a superior option for value investors compared to Celsius Holdings Inc. [7]

Utz Brands, Inc (NYSE:UTZ) Q1 2024 Results Conference Call May 2, 2024 8:30 AM ET Company Participants Kevin Powers - Senior Vice President of Investor Relations Howard Friedman - CEO & Director Ajay Kataria - Executive VP, CFO & Principal Accounting Officer Cary Devore - Executive VP and Chief Operating & Transformation Officer Conference Call Participants Andrew Lazar - Barclays Nik Modi - RBC Capital Peter Galbo - Bank of America Rob Dickerson - Jefferies Rupesh Parikh - Oppenheimer Matt McGinley - Needh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Utz Brands, Inc. (Exact name of registrant as specified in its charter) Delaware 001-38686 85-2751850 (State or other jurisdiction of incorporation) (Commission File ...

Utz Brands Reports First Quarter 2024 Results Hanover, PA – May 2, 2024 – Utz Brands, Inc. (NYSE: UTZ) ("Utz" or the "Company"), a leading U.S. manufacturer of branded salty snacks and a small-cap growth and value Staples equity, today reported financial results for the Company's fiscal first quarter ended March 31, 2024. 1Q'24 Summary (1) FY'24 Outlook (1) On an As-Converted Basis See the description of the Non-GAAP financial measures used in this press release and reconciliations of such Non-GAAP measures ...

Utz Brands, Inc. (NYSE:UTZ) Q4 2023 Results Conference Call February 29, 2024 8:30 AM ET Company Participants Kevin Powers - Head of Investor Relations Howard Friedman - Chief Executive Officer Ajay Kataria - Chief Financial Officer Cary Devore - Chief Operating and Transformation Officer Conference Call Participants Andrew Lazar - Barclays Rob Dickerson - Jefferies Peter Galbo with - of America Michael Lavery - Piper Sandler Robert Moskow - TD Cowen Rupesh Parikh - Oppenheimer Nik Modi - RBC Capital Market ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38686 Utz Brands, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) Delaware 85-275185 ...