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, 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.
Utz Brands, Inc. (NYSE: UTZ) has expanded its snack food offerings to all 112 Schnucks stores across Missouri, Illinois, Indiana, and Wisconsin. The product range includes popular items like Utz® Potato Chips, On The Border® Tortilla Chips, and Zapp's® Kettle Style Chips. The initial introduction was a success, driving strong consumer demand, highlighted by the statement from EVP, Sales, Mark Schreiber. Utz aims to enhance regional availability and reach more Midwest consumers with its diverse snack lineup.
Utz Brands, Inc. (NYSE: UTZ) announced a new real estate senior secured term loan of $88.14 million through its subsidiaries, aimed at enhancing financial flexibility. The loan will be secured by 17 real estate assets, including manufacturing sites and warehouses, and will be used to fully repay the outstanding balance of UQF's revolving credit facility. The transaction raises liquidity to approximately $188 million and offers a fixed interest rate around 6% for a 10-year term, supporting Utz's growth amid rising interest rates.
Utz Brands has launched its new product line, Zapp's Sinfully-Seasoned Pretzel Stix, expanding beyond its popular potato chips. The pretzel stix are available in two bold flavors: Voodoo™ and Jazzy Honey Mustard, in both 5-ounce and 16-ounce packages. Zapp's aims to offer daring flavors inspired by New Orleans cuisine, with Voodoo being a fan favorite. The product will be available in leading U.S. retailers as part of their strategy to diversify the snack offerings and capitalize on the growing snack market.
Utz Brands, Inc. (NYSE: UTZ) announces a leadership transition as CEO Dylan Lissette moves to Executive Chairman effective December 15, 2022. Howard Friedman, COO of Post Holdings, will take over as CEO. The change aims to support Utz’s growth strategy as a public company, enhancing its market position. During Lissette's tenure, sales nearly tripled to over $1.3 billion, alongside successful acquisitions. The company reaffirms its fiscal year 2022 outlook, expecting 13-15% net sales growth and 10-12% organic growth.
Utz Brands, Inc. announces a partnership with Keebler and Mother's to launch grab & go variety multipacks, featuring snacks like Fudge Stripes™ and Cheese Balls. This collaboration is aimed at leveraging the growing demand for snack variety, combining the strengths of three iconic brands. The multipacks are competitively priced and available in counts ranging from 12 to 40, with many distributed through major retailers and online. This strategic alliance is expected to enhance consumer reach and offer a convenient solution for snack lovers.
Utz Brands Inc. has announced a partnership with Yellowbird Foods to introduce a limited-time product, the Boulder Batch Yellowbird Habanero kettle-style potato chips. Combining Boulder Canyon's signature kettle chips cooked in avocado oil with Yellowbird's Habanero Condiment, these chips deliver a unique spicy flavor. Available for a limited time in leading U.S. retailers and online, the product features all-natural, Non-GMO, Vegan, and Gluten-Free ingredients. The collaboration aligns with Utz's commitment to creating better-for-you snacks. Visit BoulderCanyon.com for more information.
Utz Brands, Inc. (NYSE:UTZ) has declared a quarterly cash dividend of $0.054 per share on its Class A Common Stock, with payment scheduled for October 6, 2022. Shareholders on record as of September 19, 2022 will receive this dividend, which will be funded by cash distributions from Utz Brands Holdings. The Board of Directors will decide on future dividends based on operational results and financial conditions.
Utz Brands, Inc. (NYSE: UTZ), a prominent U.S. salty snack manufacturer, will present at the Barclays Global Consumer Staples Conference on September 7, 2022, at 2:15 p.m. ET. Investors and media can access the live audio webcast at utzsnacks.com. Utz offers a diverse portfolio of snacks under brands like Utz®, ON THE BORDER®, and Golden Flake®. The company is based in Hanover, Pennsylvania, and operates multiple manufacturing facilities across the U.S., committed to delivering high-quality snacks to a growing customer base.