Welcome to our dedicated page for Utz Brands news (Ticker: UTZ), a resource for investors and traders seeking the latest updates and insights on Utz Brands stock.
Utz Brands, Inc. (symbol: UTZ) is a renowned name in the snack food industry, with a rich history dating back to its founding in 1921. Headquartered in Hanover, PA, Utz Brands is privately-owned and family-managed, producing a broad range of snack products that cater to diverse tastes.
The company’s extensive product lineup includes potato chips, pretzels, cheese snacks, corn products, and popcorn, distributed under various popular brands such as Utz, Zapp's, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS! and more. These products are widely available through national and international channels, including grocery stores, mass merchants, club stores, convenience stores, and drug stores.
Utz Brands boasts multiple manufacturing facilities to support its vast production needs. The main hub is in Hanover, with additional facilities in Louisiana, Massachusetts, and Wilkes-Barre, PA. This wide network ensures a steady supply of fresh and delicious snacks to consumers across the globe.
Recently, Utz has made significant strides in expanding its market reach and improving product quality. The company has formed strategic partnerships and launched several initiatives to enhance its brand presence and customer satisfaction. Financially, Utz Brands has demonstrated solid performance, with a focus on sustainable growth and innovation.
Utz’s commitment to quality and customer satisfaction has solidified its position as a leader in the snack food industry. For more information about Utz or its products, visit www.utzsnacks.com or call 1-800-FOR-SNAX.
Utz has partnered with Mike's Hot Honey to launch Utz Mike's Hot Honey EXTRA HOT potato chips, a -time triple heat version of the original chips. Available now through September, these gluten-free and kosher-certified chips come in two sizes and aim to cater to the growing demand for hot and spicy snacks. The partnership between Utz and Mike's Hot Honey has been successful, leading to the release of new products like Utz Mixed Mini pretzels in the same flavor.
Utz Brands, Inc. (NYSE: UTZ) reported strong financial results for the fiscal first quarter ended March 31, 2024, with net sales of $346.5 million, an increase in organic net sales, gross profit margin expansion, and adjusted EBITDA growth. The company reported a net income of $2.4 million compared to a net loss of $(14.5) million in the prior year period. The recent disposition of manufacturing facilities and repricing of a term loan further improved the company's financial position.
FAQ
What is the current stock price of Utz Brands (UTZ)?
What is the market cap of Utz Brands (UTZ)?
What does Utz Brands, Inc. specialize in?
Where is Utz Brands, Inc. headquartered?
What are some of the popular brands under Utz?
Where can I buy Utz products?
How many manufacturing facilities does Utz have?
When was Utz Brands, Inc. founded?
Is Utz Brands a publicly traded company?
What are some of the products offered by Utz?
How does Utz ensure the quality of its products?
Where can I find more information about Utz Brands, Inc.?
