Utz Brands (UTZ) Reports In-Line Q3 EPS, Beats on Revenue; Offers FY25 Guidance

Utz Brands (NYSE: UTZ) reported Q3 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $377.8 million versus the consensus estimate of $374.48 million.

Fiscal Year 2025 Outlook

The Company is updating its 2025 fiscal year outlook to reflect stronger top-line trends, while reaffirming other guidance. The Company now expects:

Organic Net Sales growth of approximately 3%, compared to the prior expectation of 2.5% or better. Utz expects Organic Net Sales growth will be led by Branded Salty Snacks Organic Net Sales growth, particularly the Power Four Brands

The Company is re-affirming:

Adjusted EBITDA growth of 7% to 10%. The Company expects Adjusted EBITDA Margin expansion of approximately 100bps, which is consistent with the Company’s previously provided guidance. Utz expects 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%

For earnings history and earnings-related data on Utz Brands (UTZ) click here.

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