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 October 3, 2021 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) (Former name or former address, if changed since last report) Securities registered pursuant ...

Utz Brands, Inc. (NYSE:UTZ) Q3 2021 Earnings Conference Call November 11, 2021 8:30 AM ET Company Participants Kevin Powers - Head of Investor Relations Dylan Lissette - Chief Executive Officer Ajay Kataria - Chief Financial Officer Cary Devore - Chief Operating Officer Conference Call Participants Andrew Lazar - Barclays Erica Eiler - Oppenheimer Michael Lavery - Piper Sandler Jason English - Goldman Sachs Bill Chappell - Truist Securities Ben Bienvenu - Stephens Operator Thank you for standing by. My name ...

Utz Brands, Inc. (NYSE:UTZ) Q2 2021 Earnings Conference Call August 12, 2021 8:30 AM ET Company Participants Kevin Powers - Head of IR Dylan Lissette - CEO Cary Devore - CFO Conference Call Participants Rupesh Parikh - Oppenheimer Michael Lavery - Piper Sandler Abigail Lake - Citigroup Robert Moskow - Credit Suisse Operator Ladies and gentlemen, thank you for standing by and welcome to the Utz Brands Inc. Second Quarter 2021 Earnings Conference Call. At this time all participants are in a listen-only mode. ...

[FORM 10-Q Filing Information](index=1&type=section&id=FORM%2010-Q%20Filing%20Information) This section details the filing specifics of the Quarterly Report on Form 10-Q for Utz Brands, Inc., including its classification and registered stock information - The report is a Quarterly Report on Form 10-Q for Utz Brands, Inc., covering the period ended July 4, 2021[2](index=2&type=chunk) Title of each class | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :--- | :--- | :--- | | Class A Common Stock, par value $0.0001 per share | UTZ | New York Stock Exchange | Large accelerated filer | Large accelerated filer | ☐ | Accelerated filer | ☒ | | :--- | :--- | :--- | :--- | | Non-accelerated filer | ☐ | Smaller reporting company | ☐ | | Emerging growth company | ☒ | | | [Introductory Note](index=2&type=section&id=Introductory%20Note) This section explains the accounting treatment of the business combination between Utz Brands, Inc. and Utz Brands Holdings, LLC, distinguishing between Predecessor and Successor financial reporting - On August 28, 2020, Utz Brands, Inc. (formerly Collier Creek Holdings) consummated a business combination with Utz Brands Holdings, LLC (UBH)[8](index=8&type=chunk) - The Company's financial statements distinguish UBH as the 'Predecessor' for periods through the Closing Date and Utz Brands, Inc. as the 'Successor' for periods after, with Successor financials presented on a full step-up basis due to acquisition method accounting, making them not comparable to Predecessor financials[10](index=10&type=chunk) [Cautionary Note Regarding Forward-Looking Statements](index=2&type=section&id=Cautionary%20Note%20Regarding%20Forward-Looking%20Statements) This section advises that the report contains forward-looking statements subject to various risks and uncertainties, which the company does not commit to update - The report contains forward-looking statements based on current expectations, forecasts, and assumptions, which involve judgments, known and unknown risks, and uncertainties outside the Company's control[12](index=12&type=chunk) - The Company does not undertake to update forward-looking statements to reflect future events or new information, except as required by applicable securities laws[12](index=12&type=chunk) - Key risk factors include potential impacts on gross profit margins from raw material pricing and retail customer requirements, changes in consumer loyalty and preferences, intense competition in the snack food industry, and reliance on direct-store-delivery (DSD) and third-party distributor networks[13](index=13&type=chunk)[15](index=15&type=chunk) [PART I – FINANCIAL INFORMATION](index=6&type=section&id=Part%20I%20-%20Financial%20Information) This part encompasses the unaudited consolidated financial statements and management's discussion and analysis of financial condition and results of operations [Item 1. Financial Statements](index=6&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited consolidated financial statements of Utz Brands, Inc. for the periods ended July 4, 2021, and January 3, 2021, including balance sheets, statements of operations, equity, and cash flows, along with comprehensive notes detailing accounting policies, acquisitions, debt, and other financial disclosures [Consolidated Balance Sheets](index=6&type=section&id=CONSOLIDATED%20BALANCE%20SHEETS) This section presents the company's financial position, detailing assets, liabilities, and equity as of specific reporting dates Metric | Metric | As of July 4, 2021 (in thousands) | As of January 3, 2021 (in thousands) | | :--- | :--- | :--- | | Total Assets | $2,643,626 | $2,584,164 | | Total Liabilities | $1,164,355 | $1,199,262 | | Total Equity | $1,479,271 | $1,384,902 | - Current assets increased by **$19.3 million**, primarily driven by increases in accounts receivable and inventories[19](index=19&type=chunk) - Current liabilities decreased by **$46.2 million**, mainly due to the elimination of current warrant liability[19](index=19&type=chunk) [Consolidated Statements of Operations and Comprehensive Income (Loss)](index=8&type=section&id=CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS%20AND%20COMPREHENSIVE%20INCOME%20(LOSS)) This section outlines the company's financial performance, including net sales, gross profit, and net income (loss) for the reported periods Thirteen Weeks Ended Financial Performance | Metric | July 4, 2021 (Successor, in thousands) | June 28, 2020 (Predecessor, in thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Net sales | $297,919 | $241,977 | +23.1% | | Gross profit | $95,560 | $84,881 | +12.6% | | Income from operations | $4,369 | $17,451 | -75.0% | | Net income (loss) | $16,179 | $6,552 | +146.9% | | Basic EPS | $0.22 | N/A | N/A | Twenty-six Weeks Ended Financial Performance | Metric | July 4, 2021 (Successor, in thousands) | June 28, 2020 (Predecessor, in thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Net sales | $567,101 | $470,006 | +20.7% | | Gross profit | $190,801 | $164,895 | +15.7% | | Income from operations | $13,668 | $29,664 | -53.9% | | Net income (loss) | $(7,170) | $8,244 | N/A (loss vs. income) | | Basic EPS | $(0.07) | N/A | N/A | - Net income (loss) attributable to controlling interest for the twenty-six weeks ended July 4, 2021, was a loss of **($4.9 million)**, compared to an income of **$8.2 million** in the prior year Predecessor period[23](index=23&type=chunk) [Consolidated Statements of Equity (Deficit)](index=9&type=section&id=CONSOLIDATED%20STATEMENTS%20OF%20EQUITY%20(DEFICIT)) This section details changes in the company's equity, including contributions from warrant conversions and net income, and distributions like dividends - Total equity increased from **$1.38 billion** as of January 3, 2021, to **$1.48 billion** as of July 4, 2021[25](index=25&type=chunk) - The increase in equity was primarily driven by the conversion of warrants (**$144.7 million** to additional paid-in capital) and net income attributable to controlling interest for the thirteen weeks ended July 4, 2021 (**$17.6 million**)[25](index=25&type=chunk) - Cash dividends of **$7.6 million** were paid during the period[25](index=25&type=chunk) [Consolidated Statements of Cash Flows](index=10&type=section&id=CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) This section summarizes the cash inflows and outflows from operating, investing, and financing activities for the reported periods Cash Flow Summary (Twenty-six weeks ended) | Cash Flow Activity | July 4, 2021 (Successor, in thousands) | June 28, 2020 (Predecessor, in thousands) | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(44) | $20,313 | | Net cash used in investing activities | $(70,543) | $(18,011) | | Net cash provided by (used in) financing activities | $50,501 | $(7,384) | | Net decrease in cash and cash equivalents | $(20,086) | $(5,082) | - The significant increase in cash used in investing activities was primarily due to acquisitions, net of cash acquired, totaling **$66.6 million**[27](index=27&type=chunk) - Net cash provided by financing activities was driven by borrowings on term debt and notes payable (**$808 million**) and exercised warrants (**$57.2 million**), partially offset by repayments[27](index=27&type=chunk) [Notes to the Consolidated Financial Statements](index=11&type=section&id=NOTES%20TO%20THE%20CONSOLIDATED%20FINANCIAL%20STATEMENTS) This section provides detailed explanations and disclosures supporting the consolidated financial statements, covering accounting policies, acquisitions, and other financial specifics [Operations and Summary of Significant Accounting Policies](index=11&type=section&id=1.OPERATIONS%20AND%20SUMMARY%20OF%20SIGNIFICANT%20ACCOUNTING%20POLICIES) This note describes the company's business, its status as an emerging growth company, and the key accounting principles applied in its financial reporting - The Company is an 'emerging growth company' but will no longer qualify as of the last day of fiscal year 2021 due to exceeding **$700.0 million** in aggregate worldwide market value of common equity securities held by non-affiliates[34](index=34&type=chunk)[36](index=36&type=chunk) - The Company is a premier producer, marketer, and distributor of salty snack products in the United States, selling through direct-store-delivery, direct to warehouse, and third-party distributors[37](index=37&type=chunk) - Revenue is recognized when control of goods is transferred to customers, net of variable consideration such as discounts, returns, and trade promotions, with reserves for promotional activities at **$25.3 million** as of July 4, 2021[52](index=52&type=chunk)[54](index=54&type=chunk) [Acquisitions](index=16

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 April 4, 2021 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) | | | (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Ide ...

Utz Brands, Inc. (NYSE:UTZ) Q1 2021 Earnings Conference Call May 13, 2021 8:30 AM ET Company Representatives Dylan Lissette - Chief Executive Officer Cary Devore - Chief Financial Officer Kevin Powers - Head of Investor Relations Conference Call Participants Rupesh Parikh - Oppenheimer Michael Lavery - Piper Sandler Robert Moskow - Credit Suisse Abigail Lake - Citi Operator Good day! And thank you for standing by. Welcome to the Utz Brands, First Quarter 2021 Earnings Conference Call. At this time all parti ...

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 January 3, 2021 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 Securities registered pursuant to Section 12(b) of the Act: Utz Brands, Inc. (Exact name of registrant as specified in its charter) Delawar ...

Utz Brands, Inc. (NYSE:UTZ) Q4 2020 Earnings Conference Call March 18, 2021 8:30 AM ET Company Participants Kevin Powers - Senior Vice President-Investor Relations Dylan Lissette - Chief Executive Officer Cary Devore - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Rupesh Parikh - Oppenheimer Brian Holland - D.A. Davidson Michael Lavery - Piper Sandler Tim Perz - Stephens Inc. Robert Moskow - Credit Suisse Jason English - Goldman Sachs Operator Ladies and gentlemen, thank you f ...

Utz Brands, Inc. (NYSE:UTZ) Q3 2020 Results Earnings Conference Call November 5, 2020 8:30 AM ET Company Participants Anna Kate Heller - Investor Relations Dylan Lissette - Chief Executive Officer Cary Devore - Executive Vice President, Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Brian Holland - DA Davidson Rupesh Parikh - Oppenheimer Michael Lavery - Piper Sandler Robert Moskow - Credit Suisse Wendy Nicholson - Citi Operator Ladies and gentlemen, thank you for standing by. ...

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 September 27, 2020 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 98-1425274 (State or other jurisdiction of incorporation) (Commission F ...