| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 377.80 | 3.0% | 3.4% |
| Total Income | 377.80 | 3.0% | 3.4% |
| Expenditure | 374.50 | 3.9% | 8.2% |
| PBT | -6.80 | 198.6% | 831.2% |
| Net Profit | -14.70 | 240.0% | 568.2% |
| OPM | 0.87% | 0.87pp | 4.46pp |
| NPM | -3.89% | 6.75pp | 3.29pp |
| EPS | -0.17 | 241.7% | 466.7% |
Utz Brands Reports Q3 2025 Results; Raises Organic Net Sales Growth Guidance
04 May 2026 · 4 May, 8:29 am
Summary
Utz Brands reported a 3.4% increase in net sales for the third quarter of 2025, reaching $377.8 million. Organic net sales also grew by 3.4%, with branded salty snacks organic net sales increasing by 5.8%. The company's adjusted gross profit margin expanded by 210bps, and adjusted EBITDA increased by 11.7%. Utz is raising its 2025 organic net sales outlook to approximately 3%, reflecting stronger revenue trends and confidence in the remainder of the year.
Key Highlights
- 1
Net Sales increased by 3.4% to $377.8 million in the third quarter of 2025.
- 2
Organic Net Sales also increased by 3.4%, driven by a favorable volume/mix contribution of 4.5%.
- 3
Branded Salty Snacks Organic Net Sales increased by 5.8%, led by the Power Four Brands.
- 4
Adjusted Gross Profit Margin expanded by 210bps to 41.1% in the third quarter of 2025.
- 5
Adjusted Net Income increased by 13.2% to $33.5 million compared to the prior year period.
- 6
Adjusted EBITDA increased by 11.7% to $60.3 million, representing 16.0% of Net Sales.
- 7
The company is raising its 2025 Organic Net Sales outlook to approximately 3%.
Management Comments
Howard Friedman
Utz delivered another quarter of strong performance, demonstrating both top-line and adjusted earnings growth. We achieved Net Sales growth of 3.4%(1), Branded Salty Snacks Organic Net Sales growth of 5.8%(1), and gained both dollar and volume share in the Salty Snacks category, marking our ninth consecutive quarter of volume share growth. The various productivity initiatives across the organization are significantly contributing to our margin. Today, we are also announcing plans to expand our presence in California. With California representing the nation’s largest salty snack market at $4.1 billion, we see substantial white space for our brands. As part of an expanded California strategy, we have acquired select distribution assets in the state to provide us with the infrastructure and capabilities to accelerate our market penetration. We’re confident that these assets will complement our Westward expansion strategy, bringing our portfolio of beloved brands to even more California customers.
BK Kelley
We are raising our 2025 Organic Net Sales outlook again to reflect stronger revenue trends through the third quarter and our confidence in the remainder of the year. We now expect Organic Net Sales growth of approximately 3%, driven by our advantaged portfolio of brands and expansion geographies. We believe our various working capital initiatives, in combination with Adjusted EBITDA growth, will contribute significantly to our deleveraging efforts as we finish the year. Looking forward, as we move past our multi-year capex investments, free cash flow will be a key priority at Utz. We remain focused on executing our proven playbook: strengthening our Power Four Brands, expanding our geographic footprint, and leveraging our operational efficiencies to deliver sustained top and bottom-line results and long-term shareholder value.
Informational and educational content only. Not investment advice.