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.
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Utz Brands, Inc. (NYSE: UTZ) has announced it will report its Q3 2021 financial results on November 11, 2021, prior to market opening. A conference call will be held at 8:30 a.m. Eastern Time to discuss these results. Investors can access the live webcast and subsequent replay on the company’s Investor Relations website.
Utz specializes in a wide range of branded salty snacks, and operates 15 facilities across the U.S. with a commitment to high-quality ingredients.
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Utz Brands, Inc. (NYSE:UTZ) has declared a quarterly cash dividend of
Utz Brands, Inc. (NYSE: UTZ), a leading U.S. salty snacks manufacturer, will present at the Barclays Global Consumer Staples Conference on September 10, 2021, at 9:20 a.m. ET. CEO Dylan Lissette and CFO Cary Devore will engage in a discussion with Barclays analyst Andrew Lazar. The live presentation can be accessed on Utz's Investor Relations website, with a replay available for 90 days. Utz offers a wide range of popular snack brands and operates fifteen facilities across multiple states, fostering a strong commitment to quality ingredients and consumer satisfaction.
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Utz Brands reported strong second-quarter results, with net sales rising 23.1% to $297.9 million. However, inflation impacted margins, with adjusted gross profit margin decreasing by 200 bps to 35.4%. The company experienced increased demand for its Power Brands, which grew 8.1% on a two-year CAGR. While net income improved to $16.2 million, rising costs are expected to affect profitability in the short term. Management anticipates benefits from cost-saving actions and pricing adjustments in the latter half of 2021, with a positive outlook for fiscal 2022.
Utz Brands, Inc. (NYSE: UTZ) has announced significant changes to its Executive Management Team as part of its growth strategy. Effective October 4, 2021, Cary Devore transitions to Executive Vice President and Chief Operating Officer, Ajay Kataria becomes Executive Vice President and Chief Financial Officer, and Jim Sponaugle is appointed Executive Vice President and Chief People Officer. Todd Staub will retire on January 3, 2022, after 25 years with the company. These changes aim to enhance leadership, drive revenue growth, and optimize operations to bolster Utz's position in the snack industry.
Utz Brands, Inc. (NYSE: UTZ) will report its second quarter 2021 financial results on August 12, 2021, before market open. A conference call is scheduled for 8:30 a.m. Eastern Time to discuss these results. Investors can access the live webcast through Utz’s Investor Relations website. The company manufactures a diverse portfolio of snacks under several brands, distributing products nationally through various retail channels. More information can be found at the company's Investor Relations website.
Utz Brands, Inc. (NYSE: UTZ) has appointed Theresa Robbins Shea as Executive Vice President, General Counsel & Corporate Secretary, effective July 6, 2021. Shea will lead the legal team and be a part of the Executive Leadership Team, reporting to CEO Dylan Lissette. Her previous roles include Vice President and General Counsel at True Value Company and Senior Counsel at United Airlines. Lissette expressed confidence that Shea's experience will enhance Utz's legal and strategic framework, supporting long-term shareholder value.