{"schema_version":"secwatch.filing_event.v1","accession":"0001739566-24-000052","form_type":"8-K","ticker":"UTZ","cik":"0001739566","company_name":"Utz Brands, Inc.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.357582+00:00","generated_at":"2026-06-05T07:05:29.953342+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Utz Q4 net sales -0.7% to $352M, net loss $33.2M; completes brand dispositions with $150M proceeds","bullets":["Q4 net sales $352.1M (-0.7% YoY); Organic Net Sales -0.3%. Net loss $33.2M vs net income $13.8M prior year.","Q4 Adjusted EBITDA $49.4M (+12% YoY); FY Adjusted EBITDA $187.2M (+9.8% YoY).","FY net sales $1,438.2M (+2.1%); FY net loss $40.0M vs $14.0M loss in prior year.","Closed dispositions of Good Health and RW Garcia brands and 3 factories on Feb 5; ~$150M after-tax proceeds used to reduce variable-rate debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001739566-24-000052","json":"https://secwatch.observer/filing/0001739566-24-000052.json","markdown":"https://secwatch.observer/filing/0001739566-24-000052.md","text":"https://secwatch.observer/filing/0001739566-24-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739566/000173956624000052/0001739566-24-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739566/000173956624000052/utz-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:05:29.953342+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":"6cfc2581dd8f4494a8a01e58b3df3da1e9c97ab0","claim":"Utz Brands, Inc. reported the year ended December 31, 2023 results: revenue $1,438.2 million, net income $(40.0) million, EPS $ (0.31).","evidence_excerpt":"FY’23 Summary: • Net sales increased 2.1% year-over-year to $1,438.2 million. • Organic Net Sales increased 2.8% year-over-year. • Net loss of $(40.0) million vs. net loss of $(14.0) million in the year-ago period. • Adjusted EBITDA increased 9.8% year-over-year to $187.2 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956624000052/0001739566-24-000052-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$1,438.2 million"},{"label":"Net income","value":"$(40.0) million"},{"label":"EPS","value":"$ (0.31)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"947c1592f50c027efbe9d97c26567a8f59c3d325","claim":"Utz Brands, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $352.1 million, net income $(33.2) million, EPS $ (0.34).","evidence_excerpt":"4Q’23 Summary: • Net sales decreased (0.7)% year-over-year to $352.1 million. • Organic Net Sales decreased (0.3)% year-over-year. • Net loss of $(33.2) million vs. net income of $13.8 million in the year-ago period. • Adjusted EBITDA increased 12.0% year-over-year to $49.4 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956624000052/0001739566-24-000052-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$352.1 million"},{"label":"Net income","value":"$(33.2) million"},{"label":"EPS","value":"$ (0.34)"},{"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"}