Utz Brands, Inc. Q2 FY27 Results

Summary

Utz Brands reported a 1.4% increase in Net Sales to $371.8 million for the second quarter of 2026, driven by a 3.3% rise in Branded Salty Snacks Organic Net Sales. While Gross Profit Margin saw a slight decrease, Adjusted Gross Profit Margin expanded significantly. The company reported a Net Loss of $16.0 million, but Adjusted Net Income grew by 14.8% to $27.1 million, with Adjusted EBITDA up 14.4% to $55.7 million. Management noted solid growth in net sales and Adjusted EBITDA, alongside year-over-year improvements in adjusted free cash flow and net leverage. Due to a pending take-private transaction, the company will not provide forward-looking guidance.

Key Highlights

1. 1

   Utz Brands reported second quarter Net Sales increased 1.4% to $371.8 million compared to the prior year period.

2. 2

   Total Organic Net Sales increased 1.4%, with Branded Salty Snacks Organic Net Sales increasing by 3.3%.

3. 3

   Gross Profit Margin decreased by 10 basis points to 25.9%, while Adjusted Gross Profit Margin expanded by 150 basis points to 33.2%.

4. 4

   The Company reported a Net Loss of $16.0 million, compared to a Net Income of $10.1 million in the prior year period.

5. 5

   Adjusted Net Income increased 14.8% to $27.1 million, and Adjusted Earnings Per Share increased 11.8% to $0.19.

6. 6

   Adjusted EBITDA increased 14.4% to $55.7 million, or 15.0% as a percentage of Net Sales.

7. 7

   Due to the pending take private transaction, the Company will not provide its outlook for 2026 and will not hold a conference call.