Inferra AI / Company / UTZ

Utz Brands, Inc.

UTZ · Consumer Staples

Last earnings Aug 5, 2026

Key results

Net incomequarter

60.2%

Net Income decreased 60.2% to $10.1 million

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Adjusted net incomequarter

14.2%

Adjusted Net Income decreased 14.2% to $23.6 million Adjusted EBITDA decreased 2.0% to $48.7 million

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

EPSquarter

47.8%

Diluted Earnings Per Share decreased 47.8% to $0.12

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Adjusted Earnings Per Share decreased 10.5% to $0.17 (1) All comparisons for the second quarter of 2025 are to the second quarter of 2024 (ended June 30, 2024).

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

The Company reported Net Income of $10.1 million compared to Net Income of $25.4 million in the prior year period.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Adjusted Net Income in the quarter decreased 14.2% to $23.6 million compared to $27.5 million in the prior year period.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Adjusted Earnings Per Share decreased 10.5% to $0.17 compared to $0.19 in the prior year period.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

AI analysis

Q2 2025 · reported Jul 31, 2025

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Headline figures

Metric	Q2 2025	Prior qtr	Year ago
Net income	60.2%	—	—
Adjusted net income	14.2%	—	—
EPS	47.8%	—	—

EX-99 · Jul 31, 2025

Guidance · company-stated

Direction: Raised

Revenue

“htm EX-99.1 Document Utz Brands Reports Second Quarter 2025 Results Raises Organic Net Sales Growth Guidance and Advances Supply Chain Transformation Hanover, PA July 31, 2025 Utz Brands, Inc.”

Revenue

“We are raising our 2025 Organic Net Sales outlook to reflect stronger revenue trends through the first half and our confidence in the growth drivers ahead, said Bill Kelley, EVP and Chief Financial Officer of Utz.”

EPS

“We are lowering our Adjusted Earnings Per Share guidance to 7 to 10% growth due to higher interest and depreciation amortization linked to our accelerated capex investments.”

Company outlook

“Key assumptions for the Company s fiscal 2025 outlook include An effective tax rate (normalized GAAP basis tax expense, which excludes one-time items) in the range of 17% to 19%, consistent with the Company s previously provided expectation Interest Expense of approximately $46 million, compared to the prior expectation of $43 million Capital Expenditures are now expected to be approximately $100 million, the high end of the previously provided range of $90 to $100 million, with the majority focused on building increased supply chain network capabilities and delivering accelerated productivity savings and Net Leverage Ratio approaching 3x at year-end fiscal 2025.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

EPS10%

Capex$65.7M

Dividend$20.1M

We are lowering our Adjusted Earnings Per Share guidance to 7 to 10% growth due to higher interest and depreciation amortization linked to our accelerated capex investments.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Utz Brands Reports Second Quarter 2025 Results Raises Organic Net Sales Growth Guidance and Advances Supply Chain Transformation Hanover, PA July 31, 2025 Utz

Based on: Earnings release + Q2 2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “htm EX-99.1 Document Utz Brands Reports Second Quarter 2025 Results Raises Organic Net Sales Growth Guidance and Advances Supply Chain Transformation Hanover, PA July 31, 2025 Utz Brands, Inc.”

Revenue: “We are raising our 2025 Organic Net Sales outlook to reflect stronger revenue trends through the first half and our confidence in the growth drivers ahead, said Bill Kelley, EVP and Chief Financial Officer of Utz.”

EPS: “We are lowering our Adjusted Earnings Per Share guidance to 7 to 10% growth due to higher interest and depreciation amortization linked to our accelerated capex investments.”

Company outlook: “Key assumptions for the Company s fiscal 2025 outlook include An effective tax rate (normalized GAAP basis tax expense, which excludes one-time items) in the range of 17% to 19%, consistent with the Company s previously provided expectation Interest Expense of approximately $46 million, compared to the prior expectation of $43 million Capital Expenditures are now expected to be approximately $100 million, the high end of the previously provided range of $90 to $100 million, with the majority focused on building increased supply chain network capabilities and delivering accelerated productivity savings and Net Leverage Ratio approaching 3x at year-end fiscal 2025.”

Revenue — Raised (“Raises”)
“htm EX-99.1 Document Utz Brands Reports Second Quarter 2025 Results Raises Organic Net Sales Growth Guidance and Advances Supply Chain Transformation Hanover, PA July 31, 2025 Utz Brands, Inc.”

Revenue — Raised (“raising”)
“We are raising our 2025 Organic Net Sales outlook to reflect stronger revenue trends through the first half and our confidence in the growth drivers ahead, said Bill Kelley, EVP and Chief Financial Officer of Utz.”

EPS — Lowered (“lowering”)
“We are lowering our Adjusted Earnings Per Share guidance to 7 to 10% growth due to higher interest and depreciation amortization linked to our accelerated capex investments.”

Company outlook — Raised (“increased”)
“Key assumptions for the Company s fiscal 2025 outlook include An effective tax rate (normalized GAAP basis tax expense, which excludes one-time items) in the range of 17% to 19%, consistent with the Company s previously provided expectation Interest Expense of approximately $46 million, compared to the prior expectation of $43 million Capital Expenditures are now expected to be approximately $100 million, the high end of the previously provided range of $90 to $100 million, with the majority focused on building increased supply chain network capabilities and delivering accelerated productivity savings and Net Leverage Ratio approaching 3x at year-end fiscal 2025.”

Classified from the release's primary full-year outlook statement.

Capital allocation

We are lowering our Adjusted Earnings Per Share guidance to 7 to 10% growth due to higher interest and depreciation amortization linked to our accelerated capex investments.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Balance Sheet and Cash Flow Highlights As of June 29, 2025 Total liquidity of $170.9 million, consisting of cash on hand of $54.6 million and $116.3 million available under the Company s revolving credit facility.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Net debt of $826.3 million resulting in a Net Leverage Ratio of 4.1x based on trailing twelve months Normalized Adjusted EBITDA of $200.9 million.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Capital expenditures were $65.7 million, and dividends and distributions paid were $20.1 million.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

The company is lowering expected Adjusted EPS growth due to higher capital expenditures, depreciation and amortization, and interest expense.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

We expect Adjusted EBITDA Margin expansion will be led by Adjusted Gross Profit Margin expansion fueled by strong productivity cost savings and improved product mix and Adjusted Earnings Per Share growth of 7% to 10%, compared to the prior expectation of 10% to 15%, due to higher interest expense and depreciation and amortization linked to accelerated capital expenditures related to the Company s network optimization and facility consolidation efforts.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Strategy & priorities

2Q 25 Summary (1) Net Sales increased 2.9% to $366.7 million Total Organic Net Sales increased 2.9% Branded Salty Snacks increased 5.4% Gross Profit Margin decline of 40bps Adjusted Gross Profit Margin expansion of 220bps Net Income decreased 60.2% to $10.1 million Adjusted Net Income decreased 14.2% to $23.6 million Adjusted EBITDA decreased 2.0% to $48.7 million Diluted Earnings Per Share decreased 47.8% to $0.12 Adjusted Earnings Per Share decreased 10.5% to $0.17 (1) All comparisons for the second quarter of 2025 are to the second quarter of 2024 (ended June 30, 2024).

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

We gained value and volume shares in both our Core and Expansion Geographies (3) .

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Our proactive approach to cost management and operational excellence has enabled us to achieve significant Adjusted Gross Profit Margin expansion, said Howard Friedman, Chief Executive Officer of Utz.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

With geographic expansion driving much of our growth strategy, we remain on track to deliver solid results in 2025 and continue to create long-term shareholder value.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

We now expect Organic Net Sales growth of 2.5% or better, driven by our advantaged portfolio of brands and expansion geographies.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

Risks & headwinds

These statements are subject to a number of risks and uncertainties and the Company s business and actual results may differ materially.

SEC original ↗Utz Brands, Inc. — Earnings release (8-K exhibit)EX-99Jul 31, 2025

In addition, projections, assumptions and estimates of the future performance of the industry in which the Company operates, and the Company s future performance are necessarily subject to uncertainty and risk due to a variety of factors, which could cause results to differ materially from those expressed in the estimates made by the independent parties and by the Company.

SEC original ↗Utz Brands, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information.

SEC original ↗Utz Brands, Inc. — Presentation / slide deck (8-K exhibit)EX-99Jul 31, 2025

These forward-looking statements are based on information available as of the date of this Quarterly Report on Form 10-Q, reflect management s current expectations, forecasts and assumptions and involve a number of judgments regarding known and unknown risks, uncertainties and other factors, many of which are outside the control of the Company and its directors, officers and affiliates.

SEC original ↗Utz Brands, Inc. — 10-Q Quarterly report10-QAug 5, 2026

As a result of a number of known and unknown risks and uncertainties, the Company s results or performance may be materially different from those expressed or implied by these forward-looking statements.

SEC original ↗Utz Brands, Inc. — 10-Q Quarterly report10-QAug 5, 2026

Legal Proceedings 30 Item 1A.

SEC original ↗Utz Brands, Inc. — 10-Q Quarterly report10-QAug 5, 2026

Documents

Earnings deck slides

0 decks with slide view

Utz Brands, Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors