---
schema_version: "secwatch.filing_event.v1"
accession: "0001739566-24-000154"
form_type: "8-K"
ticker: "UTZ"
cik: "0001739566"
company_name: "Utz Brands, Inc."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:32:00.399122+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Utz Q3 adjusted EPS $0.21 (+23.5%); reaffirms FY2024 organic sales growth 2%-2.5%

## Summary
- Net sales $365.5M (-1.7% reported, +1.9% organic); volumes +2.4% driven by Power Brands.
- Adjusted gross margin 39.0% (+270bps); adjusted EBITDA $54.0M (+3.6%) with margin 14.8%.
- Net income $0.8M vs $16.2M due to $22.4M warrant liability loss; adjusted net income $29.6M (+20.3%).
- Reaffirms FY2024 outlook: organic sales growth 2%-2.5%, adjusted EBITDA growth 5%-8%, adj. EPS growth 28%-32%.
- Net debt $731.5M, net leverage 3.7x; liquidity $223.7M; capex guidance $80-$90M unchanged.

## SEC filing metadata
- accession: 0001739566-24-000154
- form_type: 8-K
- ticker: UTZ
- cik: 0001739566
- company_name: Utz Brands, Inc.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1739566/000173956624000154/0001739566-24-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739566/000173956624000154/utz-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001739566-24-000154
- JSON: https://secwatch.observer/filing/0001739566-24-000154.json
- Plain text: https://secwatch.observer/filing/0001739566-24-000154.txt

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