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) has announced the purchase of a new snack food manufacturing facility in Kings Mountain, North Carolina. This acquisition, costing approximately
The facility, initially 125,000 square feet with potential for expansion, is expected to create over 115 local jobs and enhance operational efficiency. The company anticipates positive financial impacts within 12-18 months due to cost synergies.
Utz Brands, Inc. (NYSE: UTZ) announced plans to report its first quarter 2022 financial results on May 12, 2022, before market open. A conference call with the executive team will follow at 8:30 a.m. Eastern Time. Investors can access the live webcast and replay through the company’s Investor Relations website. Utz is a leading U.S. manufacturer of branded salty snacks, operating 17 facilities across various states. The company is committed to delivering high-quality snacks and engaging with investors through multiple communication channels.
Grillo's Pickles has teamed up with Utz to launch limited edition Classic Dill Pickle flavored potato chips. This collaboration aims to blend the flavors of Grillo's pickles with Utz's crisps, appealing to snack enthusiasts. Available at leading retailers, the chips come in two sizes—2.625 oz and 7.75 oz—priced at $2.19 and $4.29, respectively. This is the first collaboration between the brands, with both expressing excitement about satisfying their loyal customer base. The chips are positioned as a crunchy and delicious snack for pickle lovers.
Utz Brands, Inc. (NYSE:UTZ) has declared a quarterly cash dividend of $0.054 per share on its Class A Common Stock. This payment is set for April 28, 2022, for shareholders on record as of April 18, 2022. The dividend will be financed through cash distributions from Utz Brands Holdings to its common unit holders. Future dividends will depend on the Board's evaluation of financial performance and other relevant factors.
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Utz Brands, Inc. (NYSE: UTZ) is unveiling new snack foods from its healthier portfolio at the Natural Products Expo West from March 10-12 in Anaheim, California. Attendees can sample innovative products like Boulder Canyon's Jalapeño flavored Potato Chips and Good Health's White Cheddar ABC Bites. Both snacks are non-GMO and gluten-free, aligning with the growing demand for healthier options. These products will be available across leading retailers in the U.S. and online at Utzsnacks.com.
Utz Brands, Inc. (NYSE: UTZ) reported strong financial results for the fiscal fourth quarter and full-year ended January 2, 2022. Net sales increased by 22.2% to $300.9 million in Q4 and 22.4% to $1.18 billion for the full year. Adjusted Gross Profit rose by 14.1% year-over-year, reaching $103.3 million in Q4. However, net income experienced a loss of $16.2 million, an improvement from a $87.5 million loss last year. For FY2022, the company anticipates net sales growth of 7-10% despite ongoing inflation pressures.
Utz Brands, Inc. (NYSE: UTZ), a leader in the U.S. salty snack market, will report its fourth quarter and full year 2021 financial results on March 3, 2022, before market open. A conference call will be held at 8:30 a.m. Eastern Time to discuss the results. Investors can access the webcast via Utz's Investor Relations website. The company offers a range of popular snack brands and operates 17 facilities across several states. For more details, visit Utz's Investor Relations.
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Utz Brands, Inc. (NYSE: UTZ) announced the appointment of Satyaki Lodh as Senior Vice President and Chief Information Officer. Mr. Lodh, with over 30 years of IT experience and a focus on the Food & Beverage industry, will lead the IT organization to enhance technology infrastructure and insights as Utz expands nationally. He will report to Ajay Kataria, Executive Vice President and CFO. Lodh previously held key positions, including CIO at Borden Dairy and VP at Snyder’s-Lance, contributing significantly to IT operations and DSD systems.