Utz Brands Q2 adjusted EPS misses estimates, expects Intersnack acquisition to close by Q4 FY26

Utz Brands

05/08/2026 11:47

Overview
U.S. salty snacks maker's Q2 net sales rose 1.4% yr/yr
Adjusted EPS for Q2 missed analyst expectations
Company to be taken private by Intersnack Group in deal expected to close Q4 2026

Outlook
Company will not provide 2026 outlook due to pending acquisition by Intersnack Group

Result Drivers
PRICE REALIZATION - Co said net sales growth was driven by higher prices, partially offset by lower volume/mix
BRANDED SNACKS GROWTH - Branded Salty Snacks organic net sales rose 3.3%, led by Power Four Brands, offset by decline in non-branded items
PRODUCTIVITY SAVINGS - Adjusted gross profit margin expanded due to productivity savings, more than offsetting supply chain cost inflation

Company press release: ID:nBw7zGMdFa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Miss
$0.19
$0.20 (9 Analysts)
Q2 Adjusted Net Income
 
$27.10 mln
 
Q2 Adjusted EBITDA
 
$55.70 mln
 
Q2 Adjusted EBITDA Margin
 
15.00%
 
Q2 Adjusted Gross Margin
 
33.20%
 
Q2 Gross Profit
 
$96.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 9 "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 $14.25, about 1% above its August 4 closing price of $14.11
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 10 three months ago

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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.)