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. (NYSE: UTZ) is a Hanover, Pennsylvania-based manufacturer of branded salty and other savory snacks, with a portfolio that includes Utz, On The Border Chips & Dips, Zapp’s, and Boulder Canyon. This news page compiles company press releases and market updates so readers can follow how Utz communicates its performance, brand activity, and strategic priorities over time.
Recent news coverage features financial results and outlook updates, such as preliminary estimates for quarterly and full-year Net Sales and Adjusted EBITDA, as well as detailed third-quarter earnings reports. These releases often discuss Organic Net Sales, Adjusted EBITDA Margin, Net Leverage Ratio, and branded salty snacks retail sales trends, giving insight into how Utz views its operating performance within the U.S. salty snack category.
Utz news also highlights brand and product developments, including new flavor launches, packaging initiatives, and marketing campaigns. For example, Boulder Canyon communications describe national brand campaigns and collaborations, while other releases outline new snack flavors and ingredient-focused messaging, such as front-of-pack claims and plans to eliminate certified FD&C colors from the product portfolio.
Investors can find announcements about dividends, conference appearances, and webcasts, including fireside chats at investor conferences and scheduled earnings calls. These items explain when management will discuss results and provide slides or pre-recorded remarks. By reviewing this news feed, readers can track Utz’s financial disclosures, brand activity, and investor relations events in one place.
Utz Brands (NYSE: UTZ) announced key leadership changes and preliminary Q1 2025 results. William J. Kelley Jr. will become Executive VP, CFO, and Principal Accounting Officer on May 1, 2025, succeeding Ajay Kataria. Additionally, Mark Schreiber, EVP Sales & Chief Customer Officer, will retire May 31, 2025, to be succeeded by Jeremy Stuart.
The company reaffirmed its fiscal year 2025 outlook and released preliminary Q1 2025 expectations, including: Net Sales growth of 1.5-1.7%, Organic Net Sales increase of 2.8-3.0%, Net Income between $4-6 million, Adjusted EBITDA of $44-46 million, and Diluted EPS of $0.08-0.10.
For full fiscal year 2025, Utz projects low-single-digit Organic Net Sales growth, Adjusted EBITDA growth of 6-10%, and Adjusted EPS growth of 10-15%. The company expects to approach a Net Leverage Ratio of 3x by fiscal year-end 2025.
Utz Brands (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, has scheduled to release its first quarter 2025 financial results on Thursday, May 1, 2025. The company will issue a press release, pre-recorded management remarks, and slide presentation at 6:30 a.m. Eastern Time.
Following the release, Utz will host a live webcast Q&A session with analysts at 9:30 a.m. Eastern Time. Investors can access these materials through the 'Events & Presentations' section on the company's investor relations website.
Utz Brands (NYSE: UTZ) has announced a quarterly dividend distribution consisting of two components. The Board of Directors declared a regular quarterly cash dividend of $0.061 per share on Class A Common Stock, plus an additional cash dividend of $0.011 per share. The total dividend will be paid on April 24, 2025, to stockholders of record as of April 7, 2025.
The additional dividend of approximately $0.95 million will be funded from tax distributions from Utz Brands Holdings exceeding the company's corporate tax obligations. Future dividend declarations remain subject to Board discretion based on operational results, financial condition, and other relevant factors.
Utz has expanded its Mixed Minis Pretzel line with a new Sour Cream & Onion flavor, inspired by one of their best-selling potato chip varieties. The product features bite-sized pretzels in three shapes: Twists, Rings, and Waffles, available in 12-ounce packages.
The Mixed Minis Pretzel line, launched in February 2024, now includes three flavors: the new Sour Cream & Onion, Garlic Butter, and Mike's Hot Honey. Additionally, Utz has introduced Mini Twists Pretzels in a new 16-ounce size format.
Zapp's, a subsidiary of Utz Brands Inc., announces the launch of its new Big Cheezy Sinfully-Seasoned® Pretzel Stix during New Orleans' Mardi Gras season. The new product features a blend of cheddar cheese flavor and Cajun seasoning, joining the existing Sinfully-Seasoned Pretzel Stix lineup that includes Voodoo®, Jazzy Honey Mustard, Sweet Cinnamon & Sugar, and Spicy Cajun varieties.
The product will be available in 1.5-ounce and 16-ounce bags. To celebrate the launch, Zapp's organized exclusive Tastemaker Tours in New Orleans, offering winners experiences including local bakery visits, Mardi Gras parade participation, and tours of the New Orleans Jazz Museum and St. Louis Cemetery. Special guests Chanen and Juwan Johnson and Kool-Aid McKinstry made surprise appearances during the tours.
Utz Brands (NYSE: UTZ), a leading U.S. manufacturer of branded Salty Snacks, has announced its upcoming presentation at the Bank of America Consumer and Retail Conference. The event will take place in Miami Beach, FL, on March 11, 2025, at 1:50 p.m. ET.
Investors and interested parties can access the live webcast through the 'Events & Presentations' section on the company's investor relations website at https://investors.utzsnacks.com/. A replay of the presentation will remain available online for 90 days following the event.
Boulder Canyon, a subsidiary of Utz Brands, Inc. (NYSE: UTZ), is set to showcase its innovative snack lineup at the Natural Products Expo West 2025 from March 4-7 in Anaheim. The brand will present several new products including:
- Mike's Hot Honey® potato chips launching in April
- New Tortilla Chips made with avocado oil in Sea Salt, Blue Corn, and Lime & Sea Salt varieties, launching in May
- Wavy Chips cooked in avocado oil, available in Sea Salt and Cheddar Sour Cream
The company will also feature bestsellers like Canyon Poppers®, Avocado Oil Hickory Barbeque Kettle Cooked Potato Chips, and various multipack options. Boulder Canyon's products emphasize better-for-you snacking, utilizing avocado oil and non-GMO ingredients.
Utz Brands (NYSE: UTZ) reported its Q4 and full-year 2024 financial results. In Q4, the company achieved net sales of $341.0 million, with flat Organic Net Sales but a 2.9% increase in Branded Salty Snacks. Q4 highlights include a net income of $2.1 million and Adjusted EBITDA growth of 7.5% to $53.1 million.
For full-year 2024, net sales reached $1,409.3 million, with Organic Net Sales growing 1.3% and Branded Salty Snacks up 3.7%. The company reported net income of $30.7 million and Adjusted EBITDA growth of 6.9% to $200.2 million.
Looking ahead to 2025, Utz projects low-single digit Organic Net Sales growth, 6-10% Adjusted EBITDA growth, and 10-15% Adjusted Earnings Per Share growth. The company plans capital expenditures of $90-100 million, focusing on manufacturing network capacity and productivity improvements.
Utz Brands (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, has announced plans to report its fourth quarter and full-year 2024 financial results on Thursday, February 20, 2025. The company will release a press release, pre-recorded management remarks, and slide presentation at 6:00 a.m. Eastern Time, followed by a live webcast Q&A session with analysts at 7:15 a.m. Eastern Time. The materials and webcast will be accessible through the 'Events & Presentations' section of Utz's Investor Relations website.
Utz Brands (NYSE: UTZ) has announced a dividend increase, raising its annual dividend from $0.236 to $0.244 per share. The company's Board of Directors has declared a quarterly cash dividend of $0.061 per share on Class A Common Stock, payable on January 2, 2025, to stockholders of record as of December 16, 2024.
The dividend will be funded through cash distributions from Utz Brands Holdings to Utz and other common unit holders on a pro-rata basis. This marks the second dividend increase in 2024, following a previous increase from $0.228 to $0.236 per share in March.