{"schema_version":"secwatch.filing_event.v1","accession":"0001739566-23-000113","form_type":"8-K","ticker":"UTZ","cik":"0001739566","company_name":"Utz Brands, Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.330926+00:00","generated_at":"2026-06-15T04:25:40.054617+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Utz Brands Q1 net sales up 3.1% to $351.4M; raises FY 2023 Adjusted EBITDA outlook","bullets":["Net sales $351.4M, +3.1% YoY; organic net sales +4.0%.","Net loss improved to $(14.5)M from $(31.9)M loss in prior year.","Adjusted EBITDA $40.4M, +10.7% YoY; company raising fiscal 2023 Adjusted EBITDA guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001739566-23-000113","json":"https://secwatch.observer/filing/0001739566-23-000113.json","markdown":"https://secwatch.observer/filing/0001739566-23-000113.md","text":"https://secwatch.observer/filing/0001739566-23-000113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000113/0001739566-23-000113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000113/utz-20230511.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:25:40.054617+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":"fe07dc44a8bbddabb2ed7c9fdf9f456fc3aaed5a","claim":"Utz Brands, Inc. reported first quarter ended April 2, 2023 results: revenue $351.4 million, net income $(14.5) million. Guidance raised.","evidence_excerpt":"Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today reported financial results for the Company’s fiscal first quarter ended April 2, 2023. 1Q’23 Summary: • Net sales increased 3.1% year-over-year to $351.4 million • Organic Net Sales increased 4.0% year-over-year • Net loss of $(14.5) million vs. a net loss of $(31.9) million in the year-ago period • Adjusted EBITDA increased 10.7% year-over-year to $40.4 million • Raising fiscal 2023 Adjusted EBITDA outlook","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000113/0001739566-23-000113-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"Revenue","value":"$351.4 million"},{"label":"Net income","value":"$(14.5) million"},{"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"}