Education
About Us
Working with TipRanks
Follow Us
UTZ Brands (UTZ)
NYSE:UTZ
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.16Last Year’s EPS
0.14Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 4.60%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook for Utz Brands, with strong household penetration, successful brand growth, and effective productivity measures. However, there are challenges in specific channels and segments, such as the C-store channel and non-branded sales, as well as anticipated pricing pressures.Company Guidance
During the Utz Brands Fourth Quarter and Full Year 2024 Earnings Conference Call, the company provided guidance for fiscal year 2025, anticipating category growth of approximately 0% to 1%. Utz plans to maintain its core relative market share while expanding in new markets through increased distribution and marketing efforts. The company expects modest headwinds from pricing but aims to deliver value beyond price through initiatives like bonus bags and a strategic price pack architecture. Utz projects an evenly distributed top-line growth between the first and second halves of the year, with a notable decline in Q1 due to a strong January 2024 performance. On the non-branded side, the company does not foresee continuing double-digit declines. Utz also aims for 80 basis points of EBITDA margin expansion, driven by $150 million in productivity gains over three years, including $60 million achieved in 2024. Investments in supply chain and automation are expected to enhance operational efficiency. The company continues to expand distribution in key regions such as Texas, Michigan, and Colorado, with plans to augment consumer awareness through increased advertising. Utz's Boulder Canyon brand is experiencing strong double-digit growth, particularly in the MULO+ channel, driven by both distribution gains and velocity improvements, with a focus on non-seed oils and better-for-you options.Strong Household Penetration and Repeat Rates
Utz Brands achieved an all-time high in household penetration, with both household penetration and repeat rates increasing in 2024. This demonstrates the quality of the products and the effectiveness of their market strategies.
Productivity and Supply Chain Optimization
Utz delivered $60 million in productivity savings in 2024 and has a line of sight to $150 million over 2024-2026. Investments in supply chain and automation are driving efficiency and margin expansion.
Boulder Canyon Brand Success
The Boulder Canyon brand experienced significant growth, surpassing $100 million in sales. It was the #1 chip in the natural channel for January, driven by consumer interest in non-seed oils and better-for-you products.
Distribution Expansion and Marketing Investment
Utz is expanding distribution in western markets and increasing consumer awareness with a 70% increase in advertising spend in fiscal 2024.
---
UTZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
UTZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $13.47 | $13.85 | +2.82% |
| Oct 31, 2024 | $16.15 | $17.16 | +6.25% |
| Aug 01, 2024 | $14.73 | $15.64 | +6.18% |
| May 02, 2024 | $17.92 | $19.32 | +7.81% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does UTZ Brands (UTZ) report earnings?
UTZ Brands (UTZ) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is UTZ Brands (UTZ) earnings time?
UTZ Brands (UTZ) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UTZ EPS forecast?
UTZ EPS forecast for the fiscal quarter 2025 (Q1) is 0.16.
---