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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 Brands, Inc. (NYSE: UTZ), a prominent U.S. salty snack manufacturer, will report its first quarter 2023 financial results on May 11, 2023, before the market opens. A conference call and webcast with the executive management team will follow at 8:30 a.m. Eastern Time. Stakeholders can access the live webcast through Utz's Investor Relations website. The company offers a diverse range of snack products under brands such as Utz®, On The Border®, and Golden Flake®. With a rich heritage spanning over a century, Utz remains committed to delivering quality snacks nationwide through various distribution channels. For further details, visit Utz's Investor Relations website.
Utz Brands, Inc. (NYSE:UTZ) has declared a quarterly cash dividend of approximately $0.057 per share on its Class A Common Stock. This payment will be made on May 4, 2023, to stockholders of record as of April 17, 2023. The cash dividend will be financed through cash distributions from Utz Brands Holdings to Utz and other holders of its common units. Future dividends will depend on the Board's evaluations of the company's operational results and financial condition. Utz Brands manufactures various popular snack brands, showcasing a commitment to quality and consumer satisfaction, with multiple facilities across the U.S.
Utz Brands reported financial results for Q4 and FY 2022. Q4 net sales rose 17.9% to $354.7 million, primarily driven by a 15.9% increase in organic sales. Gross profit margin improved to 32.5% from 30.1% year-over-year, with adjusted gross profit margin at 36.6%. The company achieved a net income of $13.8 million, rebounding from a loss of $(16.2 million) in the prior year. FY 2022 net sales increased 19.3% to $1.4 billion, but net loss was $(14 million) compared to $8 million in FY 2021. For FY 2023, Utz anticipates organic net sales growth of 4% to 6%.
Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, will report its fourth quarter and full year 2022 financial results on March 2, 2023, before market open. A conference call and webcast with the executive management team will take place at 8:30 a.m. Eastern Time to discuss these results. Investors can access the live webcast and presentation through Utz's Investor Relations website. Utz offers a diverse portfolio of snacks, including brands like Utz®, On The Border®, and Zapp’s®. The company is based in Hanover, Pennsylvania, and has multiple manufacturing facilities across the U.S.
Utz Brands, Inc. (NYSE: UTZ) has announced an annual dividend increase from
Utz Brands, Inc. (NYSE: UTZ) reported a 16.0% increase in net sales to $362.8 million for 3Q'22, driven by 12.6% organic growth. Despite this, GAAP net income fell to $1.5 million from $31.4 million in the prior year, primarily due to a loss on warrant liability. Adjusted EBITDA rose 6.5% to $47.7 million. The company raised its full-year sales outlook to 17-19% growth, benefiting from inflation-justified pricing actions. The effective tax rate is projected at 20%, with net leverage remaining at 5.0x.
Utz Brands, Inc. (NYSE: UTZ), a top U.S. manufacturer of salty snacks, is set to present at the Stephens Annual Investment Conference in Nashville, TN, on November 16, 2022, at 9:00 a.m. CT. The live audio webcast can be accessed via their investor relations website. Utz offers a diverse lineup of popular snack brands including Utz®, On The Border®, and Golden Flake®, and emphasizes high-quality ingredients and strong family heritage. For more details, visit www.utzsnacks.com.
Utz Brands, Inc. (NYSE: UTZ) plans to report its third quarter 2022 financial results on November 10, 2022, before market open. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results. Utz, a leading U.S. manufacturer of branded salty snacks, produces popular brands including Utz®, Golden Flake®, and Zapp’s®. The company is based in Hanover, Pennsylvania, and operates multiple manufacturing facilities across the U.S.
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