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. reports news as a U.S. manufacturer of branded salty snacks sold through grocery, mass merchandiser, club, convenience, drug and other retail channels. Its portfolio includes Utz, On The Border Chips & Dips, Zapp’s and Boulder Canyon, with products such as potato chips, tortilla chips, pretzels, cheese snacks, party mixes, pork skins, popcorn, salsa and dips.
Company updates commonly cover quarterly results, guidance, cash flow, leverage, dividends and share repurchase activity. Other recurring developments include product launches across core snack brands, marketing and industry conference presentations, distribution and manufacturing updates, and food-safety actions such as voluntary recalls handled through Utz Quality Foods.
Utz Brands (NYSE: UTZ) has announced the launch of edition Lemonade Potato Chips in partnership with Alex's Lemonade Stand Foundation. The innovative flavor combines the tangy sweetness of lemonade with the classic salty crunch of potato chips.
The new product will be available in 7.75-oz bags through August 2025, sold online at utzsnacks.com and in leading retailers nationwide. As part of this initiative, Utz will donate a portion of each bag sold, up to $25,000, to support childhood cancer research through Alex's Lemonade Stand Foundation.
The edition release represents a strategic collaboration between a leading U.S. salty snack brand and the largest independent childhood cancer charity in the country, combining product innovation with charitable giving.
Utz Brands (NYSE: UTZ) has announced the launch of two new -time Cheese Ball flavors - Red Hot and Cheese Pizza Mike's Hot Honey - available through October in 14.5-ounce barrels. The company is also rolling out a redesigned 23-ounce barrel for its original Cheddar Cheese Balls nationwide.
The Cheese Pizza Mike's Hot Honey flavor marks the third collaboration between Utz and Mike's Hot Honey, following their successful potato chip and pretzel partnerships. This new product combines Mike's Hot Honey's sweet-heat profile with Utz's classic Cheese Balls format.
The launch timing coincides with National Cheese Ball Day on April 17. The new products will be available at major retailers nationwide and through utzsnacks.com and Amazon.
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.