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Utz Brands, Inc. - UTZ STOCK NEWS

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.

News

Utz Brands to Report First Quarter 2024 Financial Results on May 2, 2024

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Utz Brands, Inc. (UTZ) will release its first quarter 2024 financial results on May 2, 2024, followed by a conference call and webcast. The leading U.S. manufacturer of salty snacks invites investors to join the discussion with the executive management team.
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Zapp’s Encourages Everyone to ‘Bounce to the Flavor’ in New Campaign, Celebrating the Snack Company’s New Orleans Roots

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Zapp’s® launches a new advertising campaign in partnership with The Sasha Group celebrating bold flavors and New Orleans heritage. The campaign features Bounce music, a brand anthem by Mannie Fresh, and vibrant campaign videos showcasing local musicians and dancers. Utz Brands, Inc. Senior Vice President of Marketing Stacey Schultz emphasizes the brand's focus on unique flavors and culinary uniqueness of New Orleans. Fans can engage with the campaign on social media platforms. Zapp’s offers a variety of kettle-style potato chips and Pretzel Stix in traditional and New Orleans-style flavors.
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Utz Brands, Inc. Increases Quarterly Cash Dividend

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Utz Brands, Inc. (UTZ) announces a dividend increase from $0.228 to $0.236 per share. The Board of Directors approved a quarterly cash dividend of approximately $0.059 per share on the Company's Class A Common Stock. Payment is scheduled for May 2, 2024. The dividend will be funded by cash distributions from Utz Brands Holdings, Future dividends will depend on the Board's discretion and company performance.
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Utz Brands Showcases Better-For-You Portfolio at Natural Products Expo West

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Utz Brands, Inc. introduces new Canyon Poppers puffed snack line under Boulder Canyon brand at Natural Products Expo West. The snacks feature rich flavors, are made with avocado oil, gluten-free, and Non-GMO Project Verified. The launch includes Aged White Cheddar and Jalapeño Ranch flavors, expanding the brand's portfolio beyond chips.
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Utz Brands, Inc. to Webcast Presentation at the BofA Securities 2024 Consumer & Retail Conference on March 12

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Utz Brands, Inc. (NYSE: UTZ) to present at the BofA Securities 2024 Consumer & Retail Conference in Miami, FL. The presentation is scheduled for March 12, 2024, at 11:20 a.m. ET. Interested parties can access the live audio webcast on the company's investor relations website.
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Utz Brands Reports Fourth Quarter and Full-Year 2023 Results

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Utz Brands, Inc. reported financial results for Q4 and FY 2023, with net sales down in Q4 but up for the year. Adjusted EBITDA increased, while net loss widened. The company completed dispositions to pay down debt and reduce leverage. The CEO highlighted progress in building Utz as a pure-play U.S. snacking company.
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Utz Unveils New Mixed Minis Pretzels

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Utz introduces new bite-sized shaped pretzels with three mouthwatering flavors - Sea Salt, Garlic Butter, and Mike's Hot Honey. Available in twists, rings, and waffles, these Utz Mixed Minis Pretzels promise a fresh, crunchy, and flavorful snacking experience. The product is available in 4-ounce and 12-ounce sizes for on-the-go or take-home options, catering to both loyal fans and potential new customers.
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Utz Brands Announces Acceleration of Supply Chain Transformation and Brand Portfolio Strategy

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Utz Brands, Inc. announced the sale of certain assets and brands to Our Home, including Good Health® and R.W. Garcia® brands, for $182.5 million. The company plans to use the proceeds to reduce long-term debt and accelerate deleveraging. Our Home will offer employment to Utz associates as part of the transition. Utz also provided preliminary fiscal-year 2023 net sales results and narrowed its Adj. EBITDA outlook range.
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Utz Quality Foods Issues Allergy Alert on Undeclared Milk in Utz® Wavy Original Potato Chips in Metro New York Area

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Utz Quality Foods, LLC. issues a voluntary recall for 88 cases of Utz® 2.75 oz. Wavy Original Potato Chips due to an undeclared milk allergen. The recall was initiated after it was discovered that some bags contained seasoned chips instead of plain ones. The affected products were distributed in New York State and primarily within New York City. No illnesses associated with the recall have been reported. Consumers with a milk allergy should not consume the products and can contact Utz Customer Care for a refund.
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Utz Brands to Introduce Long-Term Growth Strategy at 2023 Investor Day

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Utz Brands, Inc. (NYSE: UTZ) will detail plans to expand power brands outside core geography, transform supply chain to fuel margin improvements, and introduce new three-year financial targets at its 2023 Investor Day. The company also reaffirmed its fiscal year 2023 outlook, including net sales growth of 2% to 3%, adjusted EBITDA growth of 8% to 11%, and net leverage ratio below 4.5x by year-end fiscal 2023.
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FAQ

What is the current stock price of Utz Brands (UTZ)?

The current stock price of Utz Brands (UTZ) is $17.34 as of November 4, 2024.

What is the market cap of Utz Brands (UTZ)?

The market cap of Utz Brands (UTZ) is approximately 1.4B.

What does Utz Brands, Inc. specialize in?

Utz Brands, Inc. specializes in manufacturing and marketing a diverse range of snack foods including potato chips, pretzels, cheese snacks, corn products, and popcorn.

Where is Utz Brands, Inc. headquartered?

Utz Brands, Inc. is headquartered in Hanover, PA.

What are some of the popular brands under Utz?

Popular brands under Utz include Utz, Zapp's, Golden Flake, Boulder Canyon, Hawaiian, and TORTIYAHS!

Where can I buy Utz products?

Utz products are distributed nationally and internationally through grocery stores, mass merchants, club stores, convenience stores, and drug stores.

How many manufacturing facilities does Utz have?

Utz has multiple manufacturing facilities including four in Hanover, PA, and additional ones in Louisiana, Massachusetts, and Wilkes-Barre, PA.

When was Utz Brands, Inc. founded?

Utz Brands, Inc. was founded in 1921.

Is Utz Brands a publicly traded company?

Yes, Utz Brands, Inc. is a publicly traded company with the symbol UTZ.

What are some of the products offered by Utz?

Utz offers a variety of snacks including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, and pub/party mixes.

How does Utz ensure the quality of its products?

Utz ensures the quality of its products through rigorous quality control processes in its multiple manufacturing facilities.

Where can I find more information about Utz Brands, Inc.?

For more information about Utz Brands, Inc. and its products, visit www.utzsnacks.com or call 1-800-FOR-SNAX.

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Utz Brands, Inc.

NYSE:UTZ

UTZ Rankings

#2243 Ranked by Market Cap
#1648 Ranked by Dividends

UTZ Stock Data

1.43B
82.53M
16.98%
91.79%
7.62%
Packaged Foods
Miscellaneous Food Preparations & Kindred Products
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HANOVER