{"schema_version":"secwatch.filing_event.v1","accession":"0001739566-22-000225","form_type":"8-K","ticker":"UTZ","cik":"0001739566","company_name":"Utz Brands, Inc.","filed_at":"2022-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.937920+00:00","generated_at":"2026-06-21T23:14:58.015337+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Utz Q3 net sales +16% to $362.8M, raises FY2022 outlook; CEO succession announced","bullets":["Q3 net sales $362.8M (+16% YoY); organic net sales +12.6%.","GAAP net income $1.5M vs $31.4M prior, due to $3.7M warrant liability loss.","Adjusted EBITDA $47.7M (+6.5% YoY); adjusted EPS $0.16 vs $0.18.","Company raises full-year 2022 net sales and Adjusted EBITDA guidance.","CEO Dylan Lissette to become Exec Chairman; Howard Friedman to be CEO mid-Dec 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001739566-22-000225","json":"https://secwatch.observer/filing/0001739566-22-000225.json","markdown":"https://secwatch.observer/filing/0001739566-22-000225.md","text":"https://secwatch.observer/filing/0001739566-22-000225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739566/000173956622000225/0001739566-22-000225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739566/000173956622000225/utz-20221110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T23:14:58.015337+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c05b7901dd5ccea2ff7edbf2174bd1212a2d6040","claim":"Utz Brands, Inc. reported the third quarter ended October 2, 2022 results: revenue $362.8 million, net income $1.5 million, EPS $0.16. Guidance raised.","evidence_excerpt":"salty snacks, today reported financial results for the Company’s fiscal third quarter ended October 2, 2022. 3Q’22 Highlights: • Net Sales increased 16.0% year-over-year to $362.8 million • Organic Net Sales increased 12.6% year-over-year • GAAP Net Income of $1.5 million vs. $31.4 million in the year-ago period (1) • Adjusted EBITDA increased 6.5% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956622000225/0001739566-22-000225-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended October 2, 2022"},{"label":"Revenue","value":"$362.8 million"},{"label":"Net income","value":"$1.5 million"},{"label":"EPS","value":"$0.16"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}