Utz Brands Q4 net sales up 17.9% to $354.7M; net income $13.8M vs loss year ago

Utz Brands, Inc.

2022-FY EPS reported $0.00 revenue$1,408,401,000

Net sales $354.7M (+17.9% YoY); Organic Net Sales +15.9%.
Gross profit margin 32.5% (vs 30.1% prior year); Adjusted Gross Margin 36.6% (vs 34.4%).
Net income $13.8M vs net loss $(16.2M) in Q4 2021.
Full year net loss $(14.0M) vs net income $8.0M prior year; Adjusted EBITDA $170.5M (+9.2%).
FY2023 outlook: Organic Net Sales growth 4-6%; Adjusted EBITDA growth 6-10%.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Utz Brands, Inc. reported financial results for fourth quarter and year ended January 1, 2023.

Period: fourth quarter and year ended January 1, 2023
Result: reported results

Exact text from the filing

On March 2, 2023, Utz Brands, Inc. (the " Company ") announced via press release the Company’s financial results for the fourth quarter and year ended January 1, 2023.

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Utz Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001739566-23-000028

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