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Utz Brands reports Q2 adjusted EPS 17c, consensus 18c

Reports Q2 revenue $366.7M, consensus $361.97M. “I am pleased with our strong performance in the second quarter, with Organic Net Sales growth of nearly 3%. Our Branded Salty Snacks portfolio is accelerating, with 5.4% growth in the quarter. We gained value and volume shares in both our Core and Expansion Geographies. 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.

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