Utz Brands, Inc. (UTZ)
| Market Cap | 1.53B |
| Revenue (ttm) | 1.44B |
| Net Income (ttm) | -24.94M |
| Shares Out | 81.41M |
| EPS (ttm) | -0.31 |
| PE Ratio | n/a |
| Forward PE | 27.69 |
| Dividend | $0.24 (1.26%) |
| Ex-Dividend Date | Apr 12, 2024 |
| Volume | 876,558 |
| Open | 18.12 |
| Previous Close | 18.26 |
| Day's Range | 18.09 - 18.83 |
| 52-Week Range | 11.17 - 19.21 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 18.54 (-1.07%) |
| Earnings Date | May 2, 2024 |
About UTZ
Utz Brands, Inc. engages in manufacture, marketing, and distribution of snack foods. It offers a range of salty snacks, including salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, tortilla chips, salsa and dips, ready-to-eat popcorn, and other snacks under the Utz, Zapp's, ON THE BORDER, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS!, etc. The company sells its products to wholesale and other distributors, grocery stores, convenience and drug stores, discount stores, m... [Read more]
Financial Performance
In 2023, Utz Brands's revenue was $1.44 billion, an increase of 2.12% compared to the previous year's $1.41 billion. Losses were -$24.94 million, 6261.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for UTZ stock is "Buy." The 12-month stock price forecast is $18.54, which is a decrease of -1.07% from the latest price.
News
Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that certain of its subsidiaries including Ut...
Utz Brands to Report First Quarter 2024 Financial Results on May 2, 2024
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its first quarter 2024 fin...
Zapp's Encourages Everyone to ‘Bounce to the Flavor' in New Campaign, Celebrating the Snack Company's New Orleans Roots
HANOVER, Pa.--(BUSINESS WIRE)-- #BounceToTheFlavor--Zapp's®, a best-selling brand of kettle-style potato chips and Pretzel Stix, has launched a new advertising campaign in partnership with The Sasha G...
Utz Brands, Inc. Increases Quarterly Cash Dividend
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors has approved an a...
BofA's Peter Galbo makes a bullish argument for Utz stock
Peter Galbo, Bank of America research analyst, joins 'The Exchange' to discuss his bullish outlook for Utz.
Utz Brands Showcases Better-For-You Portfolio at Natural Products Expo West
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc., a leading U.S. manufacturer of branded salty snack foods with more than 100 years of producing salty, craveable snacks, is featuring two of its beloved...
Utz Brands, Inc. to Webcast Presentation at the BofA Securities 2024 Consumer & Retail Conference on March 12
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the BofA Securities 2024 Consumer & Retail Conference in Miami, FL...
Utz Brands Reports Fourth Quarter and Full-Year 2023 Results
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today reported financial results for the fourth quarter and f...
Utz Unveils New Mixed Minis Pretzels
HANOVER, Pa.--(BUSINESS WIRE)-- #UTZMIXEDMINIS--Utz®, a leading U.S. salty snack food brand, is pleased to introduce its newest addition to its ever-growing lineup of snack food offerings with Utz Mix...
Utz Brands Announces Acceleration of Supply Chain Transformation and Brand Portfolio Strategy
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that certain of its subsidiaries including Ut...
Utz voluntarily recalls 88 cases of milk-contaminated potato chips
Utz Brands' subsidiary issued a voluntary recall of 88 cases of potato chips on Thursday due to an undeclared milk contamination.
Utz Quality Foods Issues Allergy Alert on Undeclared Milk in Utz® Wavy Original Potato Chips in Metro New York Area
HANOVER, Pa.--(BUSINESS WIRE)--Utz Quality Foods, LLC., is issuing a voluntary recall for 88 cases of Utz® 2.75 oz. Wavy Original Potato Chips due to an undeclared milk allergen. This recall was initi...
Ozempic and other weight-loss drugs' popularity set these stocks up for big gains
Investors have such high hopes for popular weight-loss medications like Wegovy and Ozempic, the wonder drugs have sent shock waves through the stock market.
Weight loss drugs haven't had much of an overall impact yet on snacks, says UTZ CEO Howard Friedman
UTZ CEO Howard Friedman joins 'Money Movers' to discuss the company's 2024 sales outlook, the broader demand for snacking, and more.
Utz Brands sees 4% to 5% organics sales growth from FY23 through FY26, backs 2023 guidance
Utz Brands Inc. UTZ, -0.62% set long-term financial goals on Friday and backed its 2023 guidance in a statement released ahead of an investor day. The salty snacks maker said it still expects sales to...
Utz Brands to Introduce Long-Term Growth Strategy at 2023 Investor Day
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, will host its 2023 Investor Day today at the New York Stock E...
Utz Brands, Inc. Declares Quarterly Cash Dividend
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors declared a regula...
Utz Brands Appoints Mitchell Arends as Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore to Executive Vice President, Chief Operating and Transformation Officer
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands appoints Mitch Arends as Executive Vice President, Chief Integrated Supply Chain Officer Source: Utz Brands, Inc.
Utz Brands, Inc. to Webcast Presentation at the Stephens Annual Investment Conference on November 15
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the Stephens Annual Investment Conference in Nashville, TN, on Nov...
Utz Brands Reports Third Quarter 2023 Results
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today reported financial results for the Company's third fisc...
Utz Brands to Report Third Quarter 2023 Financial Results on November 9, 2023
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its third quarter 2023 fin...
Utz Brands, Inc. Announces Network Optimization Initiatives to Support Volume Growth and Reduce Costs
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) and its affiliated entities (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced several network o...
Snack Stock Utz May Be a Buy, Says Analyst
RBC Capital Markets analyst Nik Modi initiated coverage of Utz stock with an Outperform rating and $17 price target.
It's Official – One Lucky Utz Fan Wins Free Utz Snacks for Life!
HANOVER, Pa.--(BUSINESS WIRE)-- #LOVEUTZ--Utz®, a leading U.S. brand of salty snacks, is pleased to reveal the grand prize winner of its Ultimate Utz Fan contest. The contest celebrates the 102-year-o...