earnings
confidence high
sentiment positive
materiality 0.65
Utz Q1 net sales +1.6% to $352M, adj. EPS +14.3%; reaffirms FY outlook
Utz Brands, Inc.
2025-Q1 EPS reported
$0.09
revenue$352,084,000
- Net sales $352.1M (+1.6% YoY); Organic net sales +2.9% with branded salty snacks +4.9%.
- Adjusted EBITDA $45.1M (+3.9%), margin 12.8% (+30bps); ninth consecutive quarter of margin expansion.
- Net income $5.7M (+137.5%) on warrant remeasurement gain; Adj. EPS $0.16 (+14.3% vs $0.14).
- Reaffirmed FY2025 outlook: Organic net sales low-single-digit, adj. EBITDA +6-10%, adj. EPS +10-15%.
- Net leverage 4.0x, expects to approach 3x by year-end; tariff volatility seen as modest impact.