---
schema_version: "secwatch.filing_event.v1"
accession: "0001739566-22-000143"
form_type: "8-K"
ticker: "UTZ"
cik: "0001739566"
company_name: "Utz Brands, Inc."
filed_at: "2022-05-12T23:59:59+00:00"
generated_at: "2026-06-25T18:53:25.806233+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Utz Q1 net sales up 26.6% to record $340.8M; net loss widens to $31.9M; raises FY22 sales outlook

## Summary
- Net sales $340.8M, +26.6% YoY; organic net sales +20.7%; IRI retail sales +18.1%, Power Brands +20.1%.
- GAAP net loss $(31.9)M vs $(23.3)M, includes $23M DSD rights buyout expense; adjusted EBITDA $36.5M (-3.7%).
- Adjusted EPS $0.11 vs $0.13; adjusted gross profit margin 33.9% vs 38.8% (down 487 bps).
- Raising FY2022 net sales growth outlook; reaffirming Adjusted EBITDA outlook; incremental price actions planned.
- CEO cites record consumer demand; price elasticity better than expected; volume growth continues.

## SEC filing metadata
- accession: 0001739566-22-000143
- form_type: 8-K
- ticker: UTZ
- cik: 0001739566
- company_name: Utz Brands, Inc.
- filed_at: 2022-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739566/000173956622000143/0001739566-22-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739566/000173956622000143/utz-20220512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001739566-22-000143
- JSON: https://secwatch.observer/filing/0001739566-22-000143.json
- Plain text: https://secwatch.observer/filing/0001739566-22-000143.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.