Salty Snacks maker Utz's Q3 sales beat estimates

Utz Brands

30/10/2025 10:45

Overview

Utz Q3 net sales grow 3.4% to $377.8 mln, beating analyst expectations

Adjusted EPS for Q3 meets analyst expectations at $0.23

Company announces California expansion with acquisition of distribution assets

Outlook

Utz raises 2025 Organic Net Sales growth guidance to approximately 3%

Company reaffirms 2025 Adjusted EBITDA growth of 7% to 10%

Utz expects Adjusted Earnings Per Share growth of 7% to 10% for 2025

Result Drivers

PRODUCTIVITY INITIATIVES - Co attributes margin improvements to productivity initiatives, offsetting supply chain cost inflation

CALIFORNIA EXPANSION - Co announces acquisition of distribution assets in California to accelerate market penetration

BRANDED SNACKS GROWTH - Branded Salty Snacks Organic Net Sales increased 5.8%, led by Power Four Brands

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$377.80 mln
$374.40 mln (10 Analysts)
Q3 Adjusted EPS
Meet
$0.23
$0.23 (10 Analysts)
Q3 Adjusted Net Income
$33.50 mln
Q3 Adjusted EBITDA
$60.30 mln
Q3 Adjusted Gross Margin
41.10%
Q3 Gross Profit
$126.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "hold."

Wall Street's median 12-month price target for UTZ Brands Inc is $16.50, about 27.6% above its October 29 closing price of $11.95

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBwFb5yCa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)