secwatch.observer — SEC 8-K summary
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Issuer:     Utz Brands, Inc. (UTZ)
CIK:        0001739566
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001628280-26-030878
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Utz Q1 net sales up 2.6% to $361.3M; adjusted EBITDA up 6.2%; reaffirms FY2026 guidance
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- Net sales $361.3M (+2.6% YoY); organic net sales +2.6%; branded salty snacks organic +5.2%.
- GAAP net loss $(2.4)M vs $5.7M income prior year; adjusted net income $21.3M (-4.5%); adjusted EPS $0.15 (-6.3%).
- Adjusted EBITDA $47.9M (+6.2%); margin expanded 50bps to 13.3%.
- Cash from ops improved to $(12.2)M from $(20.2)M; net leverage ratio improved 0.4x to 3.6x.
- Reaffirms FY2026 guidance: organic net sales growth 2-3%, adj. EBITDA growth 5-8%, adj. FCF $60-80M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739566/000162828026030878/0001628280-26-030878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739566/000162828026030878/utz-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-030878

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer