Utz Brands, Inc.

Today, Utz Brands, Inc. released its third quarter 2024 financial results. Chief Executive Officer Howard Friedman said, “We are executing well on our distribution growth opportunities, and we believe our accelerated productivity cost savings will give us the flexibility to expand our margins and increase investments in our brands to support our growth. While we expect a competitive promotional environment in response to consumers seeking value, we will continue to make appropriate adjustments to our activities to meet consumer expectations. We are on track to meet our full-year financial targets, and we look forward to a strong finish to the year.”

Each year, Progressive Grocer evaluates products for their Editors' Picks competition, spotlighting the most innovative and impactful consumer goods. We're thrilled to have two of our products, Zapp's Spicy Cajun Sinfully-Seasoned Pretzel Stix and Utz Mike’s Hot Honey Potato Chips, recognized for their bold flavors and originality this year. Check out the Editors' Picks and learn more about what makes these two products stand out: https://lnkd.in/eS4qBYhi

Utz is proud to present our 2023 Environmental, Social, and Governance (ESG) Report, which reflects our continued focus on sustainability, inclusivity, and responsible stewardship. Explore how we’re embedding these principles into every aspect of our business—our people, our planet, and our products-https://lnkd.in/gvaAKf3d

📣 WILKES-BARRE, PA 📣 Utz Brands, Inc. is hosting a Machine Maintenance Job Fair on Thursday August 29th from 10:00 am - 2:00 pm. Our plant is located at 200 Stewart Rd Hanover Township, PA. Members of our Talent Team, Contessa Alvarez and Johanna Herrera, are excited to see you there! Please share this information with anyone in your network who may be interested!

Please join us in congratulating Michael “Mike” Rice on an astounding tenure at Utz Brands, Inc. as he retires from his Director position and transitions to an observer role on our Board of Directors. Mike served Utz in a variety of roles during a career that spanned well over fifty years, and we offer our most heartfelt appreciation for all that he has done to lead the Company and make it what it is today! We also ask that you join us in welcoming William “B.J.” Werzyn Jr. to the Board, filling the vacancy created by Mike Rice’s retirement. B.J. is the Executive Chairman, Founder, and Chief Executive Officer of West Shore Home, LLC, one of the nation’s largest direct-to-consumer home remodelers. We are thrilled to welcome a Pennsylvania native and business leader to our Board! See Michael Rice (left), William “B.J.” Werzyn Jr. (right) Source: Utz Brands, Inc.

Today, Utz Brands, Inc. released its second quarter 2024 financial results. Chief Executive Officer Howard Friedman said, "I'm pleased with our continued strong momentum in the second quarter, as we gained dollar, pound and unit share in the Salty Snack category for the third consecutive quarter(2). In addition, we delivered our sixth consecutive quarter of year-over-year Adjusted EBITDA Margin expansion, driven by strong Adjusted Gross Profit Margin growth, and we increased Adjusted Earnings per Share by 46%. We made necessary adjustments to our promotional activities during the quarter to address consumer value expectations. Our accelerated productivity cost savings provide us the flexibility to continue to expand our margins and increase investments behind our brands and support our geographic expansion. We expect our growth opportunities will drive strong volume growth in the second half of the year. I’d like to thank our 3,000-plus Utz associates around the country for their hard work and dedication in a dynamic environment, and I look forward to delivering a strong 2024 for all our stakeholders.“

It’s been another busy summer in Hanover! Our summer manufacturing requires a significant amount of time and effort from our associates and we couldn’t be more grateful for their efforts. To show our appreciation of their dedication, we run a summer raffle program to give fantastic prizes to our hardworking team members. As we approach the halfway point, we’d like to extend our gratitude to all associates and a big congratulations to our raffle winners so far! #utzbrands #oneteamutz #summer

We extend our heartfelt gratitude to the incredible individuals who rallied together in support of Mental Health Awareness Month at Codorus State Park. Your presence and dedication exemplify the essence of Robert Ingersoll's words: "We rise by lifting others." Together, we uplift each other and shine a light on mental health, fostering understanding and compassion within our community. Utz is committed to continuing to carry this spirit of support and awareness beyond this event, realizing that our efforts make a significant difference in creating a more inclusive and supportive environment for everyone. Remember, mental health is an ongoing journey, and together, we can make a difference every day.

✨ New Product Spotlight ✨ Commercial Baking highlighted our Mixed Mini's in their June 2024 issue! Check out our latest innovation showcased on page 58 🥨 https://brnw.ch/MixedMinis #MixedMinis #Innovation #CommercialBaking

All that and a bag of Mike’s Hot Honey EXTRA HOT Chips!  Excited to bring in the Summer with another perfect combination of Utz Brands, Inc.'s salty crunch and the swicy heat of Mike's Hot Honey Extra Hot flavor! 🔥🌶️ On a mission to transform snack time with one fiery twist at a time! Grab them today in your local snack aisle. What versatile pairing will we cook up next?! ❤️🔥 #Partnerships #CPG #Branding