Utz Brands

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 Brands Showcases Better-For-You Portfolio at Natural Products Expo West

Retrieved on: 
Monday, March 11, 2024
Discount, Variety, Department Stores, Supermarket, Specialty, Convenience Store, Home Goods, Restaurant, Bar, Food, Beverage, Retail, Online Retail, Garlic, Nachos, Partnership, Utz Brands, Light, Senior, Philadelphia Cream Cheese, Marketing, Nature, Grain boundary strengthening, Multimedia, Gold

Utz Brands, Inc., a leading U.S. manufacturer of branded salty snack foods with more than 100 years of producing salty, craveable snacks, is featuring two of its beloved better-for-you brands, Boulder Canyon® and TORTIYAHS!®, at the 2024 Natural Products Expo West , March 14-16.

Key Points: 
  • Utz Brands, Inc., a leading U.S. manufacturer of branded salty snack foods with more than 100 years of producing salty, craveable snacks, is featuring two of its beloved better-for-you brands, Boulder Canyon® and TORTIYAHS!®, at the 2024 Natural Products Expo West , March 14-16.
  • 1 potato chip in the Natural Channel,1 will debut Canyon Poppers®, the brand’s first portfolio expansion beyond chips.
  • Source: Utz Brands, Inc.
    Keeping true to the simple, high-quality ingredients Boulder Canyon fans love, Canyon Poppers offers consumers a light, crispy, puffed snack choice.
  • Learn more about Utz Brands’ entire family of products at utzsnacks.com .

Utz Brands, Inc. to Webcast Presentation at the BofA Securities 2024 Consumer & Retail Conference on March 12

Retrieved on: 
Wednesday, March 6, 2024
Supermarket, Retail, Convenience Store, Food, Beverage, Bank of America, UTZ, Utz Brands, Conference

Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the BofA Securities 2024 Consumer & Retail Conference in Miami, FL, on March 12, 2024, at 11:20 a.m. ET.

Key Points: 

Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the BofA Securities 2024 Consumer & Retail Conference in Miami, FL, on March 12, 2024, at 11:20 a.m. ET.

Utz Brands Reports Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024
Supermarket, Retail, Convenience Store, Food, Beverage, Private label, IOS, Rationalization, Investment, Growth, Table, Utz Brands, Adjustment, Capital expenditure, GAAP, Administration, Interest, Good, Capital, EPS, SKU, Life insurance

The Company estimates this SKU rationalization program impacted volumes in the fourth quarter of 2023 by approximately (2.5%).

Key Points: 
  • The Company estimates this SKU rationalization program impacted volumes in the fourth quarter of 2023 by approximately (2.5%).
  • Excluding the impact from SKU rationalization, the Company estimates that volume/mix would have increased 3.0% in the fourth quarter of 2023 versus the prior year period.
  • The Company’s Power Brands’ retail sales increased 5.3% versus the prior-year period(1) and was led by Utz®, On The Border®, Boulder Canyon®, and Golden Flake® Pork.
  • Circana does not include certain Partner Brands and Private Label sales that are not assigned to Utz Brands.

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 Brands Announces Acceleration of Supply Chain Transformation and Brand Portfolio Strategy

Retrieved on: 
Wednesday, January 31, 2024
Supply Chain Management, Retail, Food, Beverage, Growth, GAAP, Cheating, UTZ, Snack, Utz Brands, Good, Employment, Winston & Strawn, Our Home, Acquisition, RBC Capital Markets, Sale, Yoy, Webcast

Following the close of the transactions, Utz and Our Home will operate under a Transition Services Agreement for 12 months.

Key Points: 
  • Following the close of the transactions, Utz and Our Home will operate under a Transition Services Agreement for 12 months.
  • Certain Good Health® products will continue to be distributed and sold on the Utz DSD network for Our Home.
  • Howard Friedman, Chief Executive Officer of Utz, said, “We expect these transactions to deliver on our supply chain transformation and value creation initiatives, to fast-track our deleveraging timeline by a full year, and to accelerate our brand portfolio strategy to better optimize for growth.
  • is serving as legal advisor to Utz Brands, Inc. Winston & Strawn LLP is serving as legal advisor to Our Home.

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.

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.

Boulder Canyon and Grillo’s Pickles Team Up to Launch a Limited Time Only Classic Dill Pickle Kettle Style Potato Chip

Retrieved on: 
Wednesday, December 6, 2023
Retail, Supermarket, Food, Beverage, Sprouts, Pickles, Boulder, Senior, Utz Brands, Whole Foods Market, Love, Branding, Multimedia, Marketing, Social media, Partnership, Garlic, Food preservation

Boulder Canyon® , a line of better-for-you, kettle style potato chips offered by Utz Brands, Inc., and Grillo’s® Pickles , the all-natural, always fresh, cult-favorite refrigerated pickle brand are pleased to announce the launch of their limited time only Classic Dill Pickle Flavored Kettle Style Potato Chip, giving pickle-snack lovers of all kinds a new flavorful and crunchier bite.

Key Points: 
  • Boulder Canyon® , a line of better-for-you, kettle style potato chips offered by Utz Brands, Inc., and Grillo’s® Pickles , the all-natural, always fresh, cult-favorite refrigerated pickle brand are pleased to announce the launch of their limited time only Classic Dill Pickle Flavored Kettle Style Potato Chip, giving pickle-snack lovers of all kinds a new flavorful and crunchier bite.
  • View the full release here: https://www.businesswire.com/news/home/20231206192492/en/
    Try the NEW Boulder Canyon Grillo's Pickles Classic Dill Pickle potato chips!
  • The Classic Dill Pickle Chip boasts a mouthwatering combination of dill, garlic, and the tang of vinegar combined with a Boulder Canyon kettle style potato chip made with avocado oil.
  • The new Grillo’s Classic Dill Pickle flavored potato chips perfectly blend fresh, crispy, salty, and dill pickle flavor – they’re simply delicious!”
    Act quickly -- the limited time only Boulder Canyon Grillo’s Pickles Classic Dill Pickle Potato Chips are available in 5.25 oz.