Today, Utz Brands, Inc. released its first quarter 2024 financial results. Chief Executive Officer Howard Friedman said, “I’m pleased with our strong start to the year, as we gained dollar, pound, and unit share in the Salty Snacks category (2) in the first quarter. In addition, we delivered our fifth consecutive quarter of year-over-year Adjusted EBITDA margin expansion, and we drove strong double-digit Adjusted Earnings Per Share growth. As we continue to execute our supply chain transformation strategy, our recently announced plant disposition transactions will allow us to focus on the next phase of our optimization efforts as we invest in our remaining facilities and continue to deliver on our value creation initiatives. We are on track to deliver our 2024 outlook and remain confident in delivering the 2026 targets we introduced at our Investor Day in December.”
James Orsini
3mo
stong results The Sasha Group
Kirsten Yurich
2mo
I applaud the transparency of sharing financials. A best practice.
Gary Strange
3mo
Grew up getting the cans delivered in Richmond. They are amazing.
Ron Marek
3mo
Impressive numbers for a company that refuses to make a Crab Chip as good as Herr's
Aimee Cowher
3mo
Great results from a capable team and strong leadership.
Lori Craft, MBA
3mo
Outstanding! Congratulations, I am seeing your products more and more in our market
Utz is a staple in my home! 😋
Great job! Very nice distribution in expanded markets!
Lisa Alteri
3mo
Congratulations Howard and the entire Utz Team! Impressive, but not surprising with this rockstar team in place.
Owner ( Independent Route Delivery, Utz Snacks)
3moI'd be interested to know how Utz plans on staying relevant in the organic/healthy snack market, now that it has sold off its Good Health line. As an Utz I/O, it seems as if we will lose this line eventually to direct ship and to other vendors, and there really doesn't appear to be a solid replacement.