Utz Brands (UTZ) Reports In-Line Q1 EPS, provides outlook
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Utz Brands (NYSE: UTZ) reported Q1 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $352.1 million versus the consensus estimate of $345.61 million.
Fiscal Year 2025 Outlook
Consistent with the 2025 fiscal year outlook provided with the fourth quarter and full year 2024 results announced on February 20, 2025, and as reaffirmed in the April 17, 2025 press release, the Company continues to expect:
Organic Net Sales growth of low-single digits led by continued Branded Salty Snacks growth, particularly the Power Four Brands, and less decline in Non-Branded & Non-Salty Snacks;
Adjusted EBITDA growth of 6% to 10% and Adjusted EBITDA Margin expansion of approximately 100bps, led by Adjusted Gross Profit Margin expansion fueled by strong productivity cost savings and improved product mix; and
Adjusted Earnings Per Share growth of 10% to 15% led by increased operating earnings and lower interest expense.
For earnings history and earnings-related data on Utz Brands (UTZ) click here.
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