secwatch.observer — SEC 8-K summary
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Issuer:     Utz Brands, Inc. (UTZ)
CIK:        0001739566
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0001739566-25-000058
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Utz appoints new CFO, CCO; prelim Q1 adj. EPS $0.14-0.16; reaffirms FY2025 guide
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- CFO Ajay Kataria to step down May 1; William Kelley Jr. (ex-Tropicana CFO) to succeed with $575K base salary.
- Chief Customer Officer Mark Schreiber retiring May 31; Jeremy Stuart (SVP Large Format) to take over.
- Prelim Q1 2025: Net Sales +1.5-1.7% YoY, Adj. EBITDA $44-46M, Adj. EPS $0.14-0.16.
- FY2025 outlook reaffirmed: Adj. EBITDA growth 6-10%, Adj. EPS growth 10-15%, net leverage ~3x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739566/000173956625000058/0001739566-25-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739566/000173956625000058/utz-20250416.htm
  HTML page:      https://secwatch.observer/filing/0001739566-25-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer