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Utz Brands Reports Fourth Quarter and Full Year 2024 Results

1. Utz reported Q4 net sales of $341M; organic sales were flat with a 2.9% increase in branded snacks. 2. Gross profit margins expanded by 230bps, indicating strong operational efficiency.

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FAQ

Why Bullish?

Robust margin expansion and branded snack growth suggest improved profitability, similar to past earnings beats that boosted prices.

How important is it?

Earnings reports are key market catalysts. UTZ's margin improvements and sales details are significant for investors evaluating short-term performance.

Why Short Term?

Earnings results typically affect near-term trading as investors react to updated performance data.

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PEP
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded Salty Snacks and a small-cap value Staples equity, today reported financial results for the Company's fiscal fourth quarter and full year ended December 29, 2024. 4Q'24 Summary(1) Net Sales of $341.0 million Organic Net Sales flat; Branded Salty Snacks increased 2.9% Gross Profit Margin expansion of 230bps Adjusted Gross Profit Margin expansion of 230bps Net Income of $2.

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