---
schema_version: "secwatch.filing_event.v1"
accession: "0001739566-23-000146"
form_type: "8-K"
ticker: "UTZ"
cik: "0001739566"
company_name: "Utz Brands, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:09:00.289101+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Utz Q3 net sales $371.9M (+2.5%), net income $16.2M; maintains adj. EBITDA guidance, lowers net sales guidance

## Summary
- Net sales $371.9M (+2.5% YoY); organic net sales +3.1%.
- Net income $16.2M vs $1.5M a year ago; diluted EPS $0.20 (as-converted).
- Adjusted EBITDA $52.1M (+9.2% YoY) with margin up 86bps to 14.0%.
- Full-year net sales guidance lowered due to supply chain optimization and consumer value shift; adj. EBITDA guidance reaffirmed.
- Power Brands grew strongly; aggressive supply chain actions taken to improve productivity.

## SEC filing metadata
- accession: 0001739566-23-000146
- form_type: 8-K
- ticker: UTZ
- cik: 0001739566
- company_name: Utz Brands, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739566/000173956623000146/0001739566-23-000146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739566/000173956623000146/utz-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001739566-23-000146
- JSON: https://secwatch.observer/filing/0001739566-23-000146.json
- Plain text: https://secwatch.observer/filing/0001739566-23-000146.txt

## Key facts
- Earnings Releases
  Utz Brands, Inc. reported third fiscal quarter ended October 1, 2023 results: revenue Net sales of $371.9 million, net income Net income of $16.2 million, EPS Basic earnings per share of $0.20.
  - Period: third fiscal quarter ended October 1, 2023
  - Revenue: Net sales of $371.9 million
  - Net income: Net income of $16.2 million
  - EPS: Basic earnings per share of $0.20
  - Result: reported results
  source text: branded salty snacks, today reported financial results for the Company’s third fiscal quarter ended October 1, 2023. 3Q’23 Summary: • Net sales increased 2.5% year-over-year to $371.9 million • Organic Net Sales increased 3.1% year-over-year • Net income of $16.2 million vs. net income of $1.5 million in the year-ago period • Adjusted EBITDA increased 9.2%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1739566/000173956623000146/0001739566-23-000146-index.htm

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