Utz

Utz Brands, Inc. Increases Quarterly Cash Dividend

Retrieved on: 
Thursday, March 28, 2024
Food, Beverage, Retail, Utz Brands, Utz, Common stock, UTZ, Holding company

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors has approved an annual dividend increase from $0.228 to $0.236 per share.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors has approved an annual dividend increase from $0.228 to $0.236 per share.
  • The increase is effective as of today, and the Utz Board of Directors (“Board”) has declared a regular quarterly cash dividend of approximately $0.059 per share on the Company’s Class A Common Stock.
  • Payment is expected to be made by the Company on May 2, 2024, to stockholders of record at the close of business on April 15, 2024.
  • The cash dividend will be funded by cash distributions made by Utz Brands Holdings, LLC (“Utz Brands Holdings”) to Utz and the other holders of Utz Brands Holdings’ common units on a pro-rata basis.

Utz Unveils New Mixed Minis Pretzels

Retrieved on: 
Tuesday, February 27, 2024
Discount, Variety, Department Stores, Supermarket, Specialty, Convenience Store, Restaurant, Bar, Food, Beverage, Retail, Online Retail, Honey, Utz Brands, Snack, Utz, Sea salt, Garlic butter, Multimedia, Tea

Utz® , a leading U.S. salty snack food brand, is pleased to introduce its newest addition to its ever-growing lineup of snack food offerings with Utz Mixed Minis Pretzels.

Key Points: 
  • Utz® , a leading U.S. salty snack food brand, is pleased to introduce its newest addition to its ever-growing lineup of snack food offerings with Utz Mixed Minis Pretzels.
  • View the full release here: https://www.businesswire.com/news/home/20240227034831/en/
    Try the new Utz Mixed Minis Pretzels, they’re delicious!
  • Available in on-the-go 4-ounce and 12-ounce take-home sizes, Utz Mixed Minis Pretzels continues with the brand’s commitment to providing high-quality snacks that deliver on the promise of freshness and flavor.
  • Share what you love about the new Utz Mixed Minis Pretzels on Facebook , Instagram , and TikTok , using @utzsnacks and Mike’s Hot Honey on Facebook , Instagram , and TikTok using @mikeshothoney.

Utz Quality Foods Issues Allergy Alert on Undeclared Milk in Utz® Wavy Original Potato Chips in Metro New York Area

Retrieved on: 
Thursday, January 25, 2024
Food, Beverage, Retail, Risk, Bag, Multimedia, Milk, Utz Brands, Allergy, Utz, Fast food

Utz Quality Foods, LLC., is issuing a voluntary recall for 88 cases of Utz® 2.75 oz.

Key Points: 
  • Utz Quality Foods, LLC., is issuing a voluntary recall for 88 cases of Utz® 2.75 oz.
  • Wavy Original Potato Chips due to an undeclared milk allergen.
  • This recall was initiated after Utz learned that approximately 1200 single-serve bags contained Utz® Wavy Original Potato Chips flavored with seasoning instead of plain Utz® Wavy Original Potato Chips.
  • People who have an allergy or severe sensitivity to milk may run the risk of an allergic reaction if they consume these products.

Pentera Promotes Morgan Jay to Chief Revenue Officer on its Way to $100M in Revenue

Retrieved on: 
Tuesday, January 9, 2024
Engineering, Record, Head, Utz, Customer success, Jorgenson, Growth, Organization, Imperva, AVP, SVP, Sales

"As Pentera enters its next phase of hypergrowth, we're excited to have Morgan take on an expanded role within the company," said Amitai Ratzon, CEO of Pentera.

Key Points: 
  • "As Pentera enters its next phase of hypergrowth, we're excited to have Morgan take on an expanded role within the company," said Amitai Ratzon, CEO of Pentera.
  • "Morgan has proven himself an exceptional leader with the vision to build and execute effective go-to-market strategies.
  • Jay joined Pentera in 2021 and has been serving as SVP of Sales for EMEA and APAC.
  • "Few companies have experienced the rapid ascent that we've seen so far with Pentera, but it's just the beginning," said Jay.

Utz Brands to Introduce Long-Term Growth Strategy at 2023 Investor Day

Retrieved on: 
Friday, December 15, 2023
Supermarket, Retail, Convenience Store, Food, Beverage, NYSE, UTZ, Investment, Marketing, Core, Eastern Time Zone, Adjustment, Utz Brands, Growth, Outline, Risk management, Security (finance), Insurance, Utz

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, will host its 2023 Investor Day today at the New York Stock Exchange, beginning at 9:30 am ET.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, will host its 2023 Investor Day today at the New York Stock Exchange, beginning at 9:30 am ET.
  • In doing so, we expect our top-line growth to outpace the Salty Snack category and our bottom-line growth to generate outsized shareholder returns.
  • We look forward to sharing more details around our long-term value creation plans at our Investor Day today.”
    Topics to be covered at the Investor Day include:
    Focused Portfolio Strategy: Utz has further focused its brand portfolio that is diversified and clearly defined to meet various consumer needs.
  • An on-demand replay of the presentations will be available starting at approximately 3:00PM Eastern Time on Friday, December 15th, 2023.

Utz Brands, Inc. Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, December 7, 2023
Supermarket, Retail, Convenience Store, Food, Beverage, Common stock, NYSE, Utz Brands, UTZ, Utz, Holding company

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors declared a regular quarterly cash dividend of approximately $0.057 per share on the Company’s Class A Common Stock.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors declared a regular quarterly cash dividend of approximately $0.057 per share on the Company’s Class A Common Stock.
  • Payment is expected to be made by the Company on January 4.
  • 2024, to stockholders of record at the close of business on December 18, 2023.
  • The cash dividend will be funded by cash distributions made by Utz Brands Holdings, LLC (“Utz Brands Holdings”) to Utz and the other holders of Utz Brands Holdings’ common units on a pro-rata basis.

The Rice Family Foundation Completes 2023 Grant Fund Distributions

Retrieved on: 
Tuesday, November 28, 2023
Fund Raising, Foundation, Philanthropy, Meal, Dylan, Organization, Utz Brands, Life, Student, Mentorship, Shining Stars, Utz, Accountability, Health, Treasurer, Education, Nursing

The Rice Family Foundation (“Foundation”) is pleased to announce it has awarded grant funds to seventy-eight nonprofit organizations.

Key Points: 
  • The Rice Family Foundation (“Foundation”) is pleased to announce it has awarded grant funds to seventy-eight nonprofit organizations.
  • Additionally, the Foundation is excited to announce that the Arlene Utz Hollinger Foundation, established in 1992 by Arlene Utz Hollinger, the daughter of the late Bill and Salie Utz—founders of Utz Potato Chips (now Utz Brands, Inc.)—will integrate into the Rice Family Foundation.
  • "We are immensely proud of the Rice Family Foundation's accomplishments this year, particularly in supporting a one-time contribution to assist a record seventy-eight hard-working nonprofit organizations," said Stacie Lissette, Director of The Rice Family Foundation.
  • For more information and to view a complete list of this year’s recipients, please visit The Rice Family Foundation website at www.thericefamilyfoundation.com .

Utz Brands Appoints Mitchell Arends as Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore to Executive Vice President, Chief Operating and Transformation Officer

Retrieved on: 
Tuesday, November 14, 2023
Food, Beverage, Retail, NYSE, UTZ, Utz Brands, Supply chain, Multimedia, EVP, Knowledge, Transport, Management, Utz, Manufacturing

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that Mitchell (“Mitch”) Arends has been appointed Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore has been appointed Executive Vice President, Chief Operating and Transformation Officer.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that Mitchell (“Mitch”) Arends has been appointed Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore has been appointed Executive Vice President, Chief Operating and Transformation Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231114922203/en/
    Utz Brands appoints Mitch Arends as Executive Vice President, Chief Integrated Supply Chain Officer Source: Utz Brands, Inc. (Photo: Business Wire)
    “I believe that these appointments will significantly strengthen the Company’s ability to deliver our strategic priorities, unlock further potential and help drive our short- and long-term growth objectives,” said Howard Friedman, Chief Executive Officer of Utz.
  • As Chief Integrated Supply Chain Officer, Mr. Arends will oversee all aspects of the supply chain, including procurement, manufacturing, transportation, warehousing, and planning.
  • He will work closely with our talented existing manufacturing and supply chain leadership team in Shannan Redcay, EVP, Manufacturing, and Chad Whyte, EVP, Supply Chain.

Girls Inc. Welcomes Distinguished New National Board Members

Retrieved on: 
Tuesday, November 14, 2023
Slate, Woman, Girls, Inc., Acquisition, Organization, Creativity, Save the Children, Executive, Privacy, Atlanta metropolitan area, Customer, MACRO, Chambers and Partners, The Coca-Cola Company, Partner, Utz, Marketing, Advertising, Data collection, Computer security, Out (magazine), Capital market, Hatred, Private equity, African Americans, Trendsetter, Lawyer, Inc., Real estate investment trust, Desert Eagle, Toy, Management

NEW YORK, Nov. 14, 2023 /PRNewswire-PRWeb/ -- Preeminent girls' leadership organization Girls Inc. has appointed six new members to its National Board of Directors. These accomplished leaders are passionate advocates for the advancement of girls and women. They bring diverse insights stemming from their expertise in law, finance, corporate management, marketing, workforce development, and nonprofit leadership.

Key Points: 
  • Girls Inc. is thrilled to announce the appointment of six new accomplished leaders and passionate advocates for the advancement of girls and women to its national board.
  • NEW YORK, Nov. 14, 2023 /PRNewswire-PRWeb/ -- Preeminent girls' leadership organization Girls Inc. has appointed six new members to its National Board of Directors.
  • New members of the National Board of Directors include the following:
    Tiffany Collie-Bailey is a nonprofit management leader with over two decades working with faith-based healthcare and human services organizations.
  • These new members join an outstanding group of 23 professionals who comprise the Girls Inc. Board of Directors .

Utz Brands, Inc. Announces Network Optimization Initiatives to Support Volume Growth and Reduce Costs

Retrieved on: 
Friday, September 29, 2023
Supply Chain Management, Retail, Food, Beverage, UTZ, Monetization, Utz, Brand, Foot, Carlisle, Hurricane Ida, Sale, Public expenditure, Plant, Growth, Utz Brands, NYSE, Create, Automation, Video game, Warehouse

Utz Brands, Inc. (NYSE: UTZ) and its affiliated entities (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced several network optimization initiatives that are expected to support long-term volume growth and reduce costs.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) and its affiliated entities (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced several network optimization initiatives that are expected to support long-term volume growth and reduce costs.
  • These actions are expected to create a more efficient and flexible network to support the Company’s growth and better serve its customers.
  • The volume from these closed facilities is expected to be absorbed by the remaining plant network and should reduce fixed overhead and drive efficiencies in manufacturing conversion costs.
  • The Carlisle Street Plant is the Company’s oldest plant and served as a kettle chip manufacturing plant, producing the Company’s Utz®, Grandma Utz®, and Zapp’s® brands.