Utz Brands Reports Third Quarter 2023 Results
Net sales in the quarter increased 2.5% to $371.9 million compared to $362.8 million in the third quarter of 2022.
- Net sales in the quarter increased 2.5% to $371.9 million compared to $362.8 million in the third quarter of 2022.
- The Company estimates this SKU rationalization program impacted volumes in the third quarter of 2023 by approximately (3.3%).
- Power Brands’ retail sales growth versus the prior-year period was led by Utz®, On The Border®, Zapp’s®, and Boulder Canyon®.
- Circana does not include certain Partner Brands and Private Label sales that are not assigned to Utz Brands.