Utz Brands prelim Q4 sales miss estimates

Utz Brands

12/01/2026 12:10

Overview

U.S. salty snack maker's preliminary Q4 net sales rose slightly but missed analyst expectations

Adjusted EBITDA to be in the range of $62 million to $64 million for Q4, increased yr/yr

Company cites reduced inventories due to SNAP payment delays and government shutdown

Outlook

Company to provide detailed 2026 guidance in February 2026

Utz Brands plans California expansion in early 2026

Company focuses on accelerating free cash flow generation

Result Drivers

INVENTORY REDUCTION - Co said channel partners reduced inventories due to SNAP payment delays and government shutdown

PRODUCTIVITY PROGRAMS - Co attributed adjusted EBITDA growth to productivity and operational efficiency programs

RETAIL SALES GROWTH - Co's retail sales growth outpaced the salty snack category, driven by Power Four Brands

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$342 mln to $343 mln
$349.60 mln (10 Analysts)

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 "buy"

Wall Street's median 12-month price target for UTZ Brands Inc is $15.00, about 50.9% above its January 9 closing price of $9.94

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBwnn9BFa

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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.)