Every 10-Q that Utz Brands, Inc. (UTZ) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow UTZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UTZ filings page.
Utz Brands, Inc. reported modest top-line growth but a quarterly loss for the thirteen weeks ended June 28, 2026. Net sales rose 1.4% to $371.8 million, driven by 3.6% higher net pricing offset by lower volumes, while gross margin was 25.9%. Higher marketing and growth-related selling and administrative spending lifted SG&A 15.1% to $101.3 million, contributing to a loss from operations of $5.5 million and a net loss attributable to controlling interest of $10.1 million, or $(0.11) per diluted share. For the twenty-six weeks, net sales increased 2.0% to $733.1 million and gross profit improved, but the company posted a year-to-date net loss of $11.8 million.
As of June 28, 2026, Utz held $58.6 million of cash against total long-term debt of $838.8 million, including $685.1 million of variable-rate borrowings, partially hedged by interest rate swaps on $500.8 million of debt. Subsequent to quarter-end, Utz agreed to be acquired by Intersnack Group for $14.25 per share in cash, a premium of approximately 91% to the July 20, 2026 closing price and implying an enterprise value of about $2.9 billion; Class V shares will be cancelled for no consideration, the Tax Receivable Agreement will be terminated for $44.0 million, and Utz’s operating partnership will be recapitalized into a 50/50 joint ownership structure with Intersnack.
Utz Brands, Inc. reported first-quarter 2026 results showing modest sales growth but a small loss. Net sales were $361.3 million, up 2.6% year over year, driven mainly by 3.7% higher pricing that more than offset a 1.1% volume/mix decline.
Gross profit rose to $91.9 million with gross margin improving to 25.4% from 23.4% on productivity savings despite supply chain cost inflation. However, higher marketing and growth investments lifted selling, general and administrative expenses to $85.4 million, contributing to a net loss of $2.4 million, versus $5.7 million net income a year earlier.
Adjusted EBITDA increased to $47.9 million from $45.1 million, reflecting stronger underlying operations. Cash from operations was negative $12.2 million, and cash ended at $73.7 million against total debt of $842.3 million. The board approved a $50 million share repurchase program, though no shares were bought in the quarter. Management completed an interim goodwill test after the share price decline and concluded no impairment, but stated goodwill is at risk if performance or valuation weaken further.
Utz Brands (UTZ) reported Q3 2025 results with net sales of $377.8 million versus $365.5 million a year ago. Gross profit was $126.9 million and income from operations was $3.3 million. The quarter showed a net loss of $20.2 million and basic EPS of $(0.17), reflecting higher selling, distribution and administrative expenses and interest costs, plus a tax expense of $13.4 million. Year-to-date, net sales were $1,096.6 million with net income attributable to the controlling interest of $3.3 million and diluted EPS of $0.04.
Operating cash flow was $47.3 million; capital expenditures were $89.2 million, driving investing cash outflows of $(95.2) million. Long-term debt totaled $850.7 million (including Term Loan B), with the term loan refinanced to mature on January 29, 2032 at SOFR plus 2.50%. In September 2025, Utz entered a new $500.0 million interest rate swap at a fixed 3.23% through December 31, 2028. Private warrants were fully exercised in a cashless exchange, adding 1,307,873 Class A shares. The company plans to close its Grand Rapids, MI facility by early 2026 and reported $6.7 million of assets held for sale.
Q2 FY25 (13 weeks ended 29 Jun 25): Net sales grew 2.9 % YoY to $366.7 m on 3.9 % volume/mix, partially offset by 1.0 % lower pricing. Gross profit edged up 1.7 % to $126.8 m, but gross margin slipped 40 bp to 34.6 % as capacity-expansion costs and higher delivery & marketing outpaced productivity gains.
Operating income dropped 71.6 % to $6.4 m after selling, distribution & administrative expense rose 14 % to $119.5 m. Net income attributable to Class A holders fell 46.9 % to $10.5 m; diluted EPS declined to $0.12 from $0.23. A non-cash $12.5 m warrant remeasurement gain largely offset $11.4 m interest expense.
H1 FY25 (26 weeks): Sales increased 2.3 % to $718.8 m; operating income fell 62 % to $12.1 m. Diluted EPS improved to $0.21 (vs $0.19) as a $23.5 m warrant gain masked weaker operations.
Balance sheet & liquidity: Cash $54.6 m (-$1.5 m YTD). Total debt rose to $865.9 m; leverage remains high at ~3.5× gross debt/annualised sales. Term Loan B was refinanced on 29 Jan 25, cutting the SOFR spread by 25 bp and extending maturity to 2032; a $0.5 m extinguishment loss recorded. Operating cash flow used $3.9 m; capex absorbed $65.7 m, while $73.7 m was raised via net financing.
Capital & shares: 86.1 m Class A and 55.3 m Class V shares outstanding. Q2 dividends paid totalled $5.2 m.