other material
confidence high
sentiment positive
materiality 0.65
Utz corrects IRI data; Oct 4-week +8.7%, Nov 4-week +10.9%
Utz Brands, Inc.
- Previously reported IRI MULO-C data for Oct and Nov was inaccurately low due to missing new items; corrected data shows stronger growth.
- 4-week Oct 31: +8.7% YoY, two-year CAGR +9.7%. 12-week Oct 31: +7.7% YoY, two-year CAGR +10.2%.
- 4-week Nov 28: +10.9% YoY, two-year CAGR +10.8%. 12-week Nov 28: +9.7% YoY, two-year CAGR +10.6%.
- Investor presentation also furnished, containing no material changes beyond the retail sales update.