Tearsheet

Utz Brands (UTZ)


Market Price (6/27/2026): $7.72 | Market Cap: $682.0 MilSector: Consumer Staples | Industry: Packaged Foods & Meats

Utz Brands (UTZ)


Market Price (6/27/2026): $7.72
Market Cap: $682.0 Mil
Sector: Consumer Staples
Industry: Packaged Foods & Meats

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25%

Attractive yield
Dividend Yield is 3.4%, FCF Yield is 6.2%

Low stock price volatility
Vol 12M is 43%

Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and E-commerce & DTC Adoption. Themes include Organic & Natural Products, Online Grocery Platforms, Show more.

Weak multi-year price returns
2Y Excs Rtn is -88%, 3Y Excs Rtn is -118%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 142%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.2%

Key risks
UTZ key risks include [1] its substantial debt load, Show more.

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25%
1 Attractive yield
Dividend Yield is 3.4%, FCF Yield is 6.2%
2 Low stock price volatility
Vol 12M is 43%
3 Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and E-commerce & DTC Adoption. Themes include Organic & Natural Products, Online Grocery Platforms, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -88%, 3Y Excs Rtn is -118%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 142%
6 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.7%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.2%
8 Key risks
UTZ key risks include [1] its substantial debt load, Show more.

UTZ in ETFs

Weight = UTZ's share of each fund

VTI0.00%
ITOT0.00%
IWM0.02%
VB0.01%
IWN0.03%
VTWO0.02%
VBR0.01%
SCHA0.01%
+4 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/26/2026

Utz Brands (UTZ) stock has lost about 15% since 2/28/2026 because of the following key factors:

1. Utz Brands' stock experienced a significant decline following its fiscal Q4 2025 earnings report on February 12, 2026. The company reported a net loss of $3.3 million for the quarter, and while adjusted earnings per share (EPS) of $0.26 met analyst estimates, Adjusted EBITDA of $62.4 million slightly missed expectations. More critically, Utz reiterated its guidance for a 3% to 6% decline in Adjusted Earnings Per Share for fiscal year 2026, signaling a challenging outlook for profitability. The stock dropped 19.1% the day after this announcement.

2. Fiscal Q1 2026 results continued to show softness in key profitability metrics, reinforcing investor concerns. For the first fiscal quarter ended March 29, 2026, Utz reported a net loss of $2.4 million and a 4.5% decrease in Adjusted Net Income to $21.3 million. Although Adjusted EPS of $0.15 beat consensus estimates, the reiterated full-year 2026 guidance of a 3% to 6% decline in Adjusted EPS continued to weigh on sentiment. Furthermore, the company reported using $12.2 million in cash from operations and an Adjusted Free Cash Flow of $(25.9) million for the quarter.

Show more
Updated on 6/26/2026

Utz Brands (UTZ) stock has lost about 15% since 2/28/2026 because of the following key factors:

1. Utz Brands' stock experienced a significant decline following its fiscal Q4 2025 earnings report on February 12, 2026. The company reported a net loss of $3.3 million for the quarter, and while adjusted earnings per share (EPS) of $0.26 met analyst estimates, Adjusted EBITDA of $62.4 million slightly missed expectations. More critically, Utz reiterated its guidance for a 3% to 6% decline in Adjusted Earnings Per Share for fiscal year 2026, signaling a challenging outlook for profitability. The stock dropped 19.1% the day after this announcement.

2. Fiscal Q1 2026 results continued to show softness in key profitability metrics, reinforcing investor concerns. For the first fiscal quarter ended March 29, 2026, Utz reported a net loss of $2.4 million and a 4.5% decrease in Adjusted Net Income to $21.3 million. Although Adjusted EPS of $0.15 beat consensus estimates, the reiterated full-year 2026 guidance of a 3% to 6% decline in Adjusted EPS continued to weigh on sentiment. Furthermore, the company reported using $12.2 million in cash from operations and an Adjusted Free Cash Flow of $(25.9) million for the quarter.

3. Broader macroeconomic headwinds and shifts in consumer behavior within the snack food industry impacted performance. Despite the consumer staples sector generally outperforming the broader market in fiscal Q1 2026, Utz faced industry-wide challenges. Analysts noted ongoing headwinds from factors such as GLP-1 drugs, which are steering consumers toward high-protein, portion-controlled options, and a general consumer trend of seeking value amid inflationary pressures. This has led to a deceleration of the "premiumization" trend and increased trading down to private-label alternatives in some segments.

4. Company-specific events, including product recalls and an executive departure, contributed to negative sentiment. Utz Brands initiated a voluntary recall of certain Zapp's and Dirty brand potato chips in early May and June 2026 due to potential salmonella risk from a milk powder seasoning, which could affect brand reputation and incur costs. Additionally, Mitchell Arends, the Executive Vice President and Chief Integrated Supply Chain Officer, resigned from his position effective June 19, 2026, to join another publicly traded company, potentially raising concerns about leadership continuity.

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Stock Movement Drivers

Fundamental Drivers

The -15.6% change in UTZ stock from 2/28/2026 to 6/26/2026 was primarily driven by a -15.3% change in the company's P/S Multiple.
(LTM values as of)22820266262026Change
Stock Price ($)9.137.71-15.6%
Change Contribution By: 
Total Revenues ($ Mil)1,4391,4480.6%
P/S Multiple0.60.5-15.3%
Shares Outstanding (Mil)8888-0.9%
Cumulative Contribution-15.6%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/26/2026
ReturnCorrelation
UTZ-15.6% 
Market (SPY)6.6%0.8%
Sector (XLP)-5.4%38.0%

Fundamental Drivers

The -18.5% change in UTZ stock from 11/30/2025 to 6/26/2026 was primarily driven by a -17.8% change in the company's P/S Multiple.
(LTM values as of)113020256262026Change
Stock Price ($)9.467.71-18.5%
Change Contribution By: 
Total Revenues ($ Mil)1,4381,4480.7%
P/S Multiple0.60.5-17.8%
Shares Outstanding (Mil)8788-1.6%
Cumulative Contribution-18.5%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/26/2026
ReturnCorrelation
UTZ-18.5% 
Market (SPY)7.3%5.3%
Sector (XLP)8.2%25.4%

Fundamental Drivers

The -39.8% change in UTZ stock from 5/31/2025 to 6/26/2026 was primarily driven by a -39.4% change in the company's P/S Multiple.
(LTM values as of)53120256262026Change
Stock Price ($)12.807.71-39.8%
Change Contribution By: 
Total Revenues ($ Mil)1,4151,4482.3%
P/S Multiple0.80.5-39.4%
Shares Outstanding (Mil)8688-3.0%
Cumulative Contribution-39.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/26/2026
ReturnCorrelation
UTZ-39.8% 
Market (SPY)25.1%10.1%
Sector (XLP)5.1%26.3%

Fundamental Drivers

The -50.0% change in UTZ stock from 5/31/2023 to 6/26/2026 was primarily driven by a -46.5% change in the company's P/S Multiple.
(LTM values as of)53120236262026Change
Stock Price ($)15.427.71-50.0%
Change Contribution By: 
Total Revenues ($ Mil)1,4191,4482.0%
P/S Multiple0.90.5-46.5%
Shares Outstanding (Mil)8188-8.3%
Cumulative Contribution-50.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/26/2026
ReturnCorrelation
UTZ-50.0% 
Market (SPY)81.3%11.2%
Sector (XLP)26.5%32.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
UTZ Return-27%1%4%-2%-32%-29%-64%
Peers Return15%19%-10%-6%-10%-5%-1%
S&P 500 Return27%-19%24%23%16%7%96%

Monthly Win Rates [3]
UTZ Win Rate42%33%50%50%42%33% 
Peers Win Rate57%58%42%42%42%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
UTZ Max Drawdown-54%-31%-39%-26%-40%-38% 
Peers Max Drawdown-13%-13%-27%-18%-24%-24% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PEP, MDLZ, HSY, GIS, CPB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/26/2026 (YTD)

How Low Can It Go

EventUTZS&P 500
2025 US Tariff Shock
  % Loss-13.3%-18.8%
  % Gain to Breakeven15.3%23.1%
  Time to Breakeven28 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-32.5%-9.5%
  % Gain to Breakeven48.2%10.5%
  Time to Breakeven83 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-26.6%-24.5%
  % Gain to Breakeven36.2%32.4%
  Time to Breakeven42 days427 days

Compare to PEP, MDLZ, HSY, GIS, CPB

In The Past

Utz Brands's stock fell -13.3% during the 2025 US Tariff Shock. Such a loss loss requires a 15.3% gain to breakeven.

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Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

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EventUTZS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-32.5%-9.5%
  % Gain to Breakeven48.2%10.5%
  Time to Breakeven83 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-26.6%-24.5%
  % Gain to Breakeven36.2%32.4%
  Time to Breakeven42 days427 days

Compare to PEP, MDLZ, HSY, GIS, CPB

In The Past

Utz Brands's stock fell -13.3% during the 2025 US Tariff Shock. Such a loss loss requires a 15.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Utz Brands (UTZ)

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Utz Brands, Inc. (UTZ) is a prominent manufacturer and distributor of salty snack foods in the United States. Founded in 1921 and headquartered in Hanover, Pennsylvania, the company has a long-standing presence in the snack industry, focused on producing and marketing a wide variety of popular snack items.

The company's extensive product portfolio encompasses a diverse range of salty snacks, including potato chips, kettle chips, tortilla chips, pretzels, cheese snacks, veggie snacks, pork skins, pub/party mixes, salsa, queso, and ready-to-eat popcorn. These products are sold under numerous well-recognized brand names, such as Utz, Zapp's, ON THE BORDER, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TGIF, and TORTIYAHS!.

Utz Brands primarily serves the retail sector, distributing its products to a broad array of customers including grocery stores, mass merchandisers, club stores, convenience stores, and drugstores. The company utilizes multiple distribution channels, employing direct shipments, working with distributors, and maintaining direct store delivery (DSD) routes to ensure its diverse snack offerings are readily available to consumers across its key markets.

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AI Analysis | Feedback

Here are 1-2 brief analogies for Utz Brands (UTZ):

  • Like a smaller Frito-Lay (PepsiCo's well-known salty snack division).
  • Similar to Mondelez International, but focused purely on savory snacks.

AI Analysis | Feedback

  • Potato Chips: Thinly sliced potato snacks, typically fried or baked.
  • Kettle Chips: Thick-cut potato chips cooked in batches, offering a distinct crunch.
  • Tortilla Chips: Crispy chips made from corn or other grains, often served with dips.
  • Pretzels: Baked snack items made from dough, typically twisted into a knot or stick shape.
  • Cheese Snacks: Savory snacks flavored with cheese, often extruded or baked.
  • Veggie Snacks: Snacks made from vegetables or vegetable ingredients, often as an alternative to potato chips.
  • Pork Skins: Fried or roasted pig skin, a crunchy and savory snack.
  • Pub/Party Mixes: Assortments of various salty snacks combined into one package.
  • Salsa and Queso: Dips commonly paired with tortilla chips, made from tomatoes and spices (salsa) or cheese (queso).
  • Ready-to-Eat Popcorn: Pre-popped popcorn, seasoned and packaged for immediate consumption.

AI Analysis | Feedback

Utz Brands (UTZ) primarily sells its products to other companies, specifically a wide range of retailers. Based on the company's description of distributing to "grocery, mass, club, convenience, drug, and other retailers," its major customers would include large retail corporations that operate these types of stores. While Utz Brands likely works with numerous retailers across various categories, prominent examples of its major customer companies include:

  • Walmart Inc. (WMT)
  • The Kroger Co. (KR)
  • Target Corporation (TGT)
  • Costco Wholesale Corporation (COST)

These companies represent key channels such as mass merchandise, grocery, and club stores, which are central to Utz Brands' distribution strategy.

AI Analysis | Feedback

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Howard Friedman, Chief Executive Officer

Howard Friedman joined Utz as Chief Executive Officer in December 2022. He has over 25 years of experience in the food and beverage industry, having led iconic brands such as PEBBLES™ cereal, PHILADELPHIA™ cream cheese, Oscar Mayer™, LUNCHABLES™, and KRAFT®. Before joining Utz, Mr. Friedman served as Chief Operations Officer of Post Holdings, Inc. from July 2021 to December 2022 and as President and Chief Executive Officer of Post Consumer Brands from July 2018 to July 2021. He also spent over 20 years at The Kraft Heinz Company, where his roles included Executive Vice President, Refrigerated. Mr. Friedman began his career in the United States Army, serving as a Captain.

William Kelley, Executive Vice President and Chief Financial Officer

William J. Kelley Jr. assumed the role of Executive Vice President, Chief Financial Officer, effective May 2025. He possesses over 30 years of experience in the food and beverage industry, focusing on finance, strategy, and transformation for prominent brands. Mr. Kelley brings extensive financial expertise from his previous role at Tropicana Brands Group.

Mitch Arends, Executive Vice President, Chief Integrated Supply Chain Officer

Mitch Arends serves as Executive Vice President, Chief Integrated Supply Chain Officer. Effective January 2025, he also assumed the position of the company's Principal Operating Officer, consolidating the Transformation Office and Integrated Business Planning under his leadership.

Jennifer Bentz, Executive Vice President, Chief Marketing Officer

Jennifer Bentz holds the position of Executive Vice President, Chief Marketing Officer at Utz Brands.

Theresa Robbins Shea, Executive Vice President, Chief Legal Officer & Corporate Secretary

Theresa Robbins Shea serves as Executive Vice President, Chief Legal Officer & Corporate Secretary, a role she has held since June 2025. She initially joined Utz in July 2021 as Executive Vice President, General Counsel & Corporate Secretary. Prior to Utz, Ms. Shea was Vice President & General Counsel of True Value Company, LLC from 2018 and Assistant General Counsel, Labor & Employment, from 2007. Her earlier career also included a role as Senior Counsel at United Airlines, Inc. and as an associate at Seyfarth Shaw, LLP.

AI Analysis | Feedback

Here are the key risks to Utz Brands:

  1. High Balance Sheet Leverage and Debt Load: Utz Brands carries a significant amount of debt, reflected in a high net leverage ratio, which poses a key risk to its financial health. This level of leverage can limit the company's financial flexibility, impede its ability to respond to market challenges or pursue growth opportunities, and lead to increased interest expenses, particularly in an environment of rising interest rates. As of September 28, 2025, Utz Brands reported net debt of approximately $807.9 million, with a net leverage ratio of 3.9x.
  2. Shifting Consumer Preferences and Intense Competition: The salty snacks sector faces challenges due to evolving consumer preferences, with a notable shift towards healthier options and value-seeking behavior. This trend, coupled with a highly competitive market, including the rise of private label and generic products, can lead to volume softness, pricing pressures, and potentially impact Utz Brands' market share and profitability.
  3. Inflation and Rising Input Costs: Like other food and beverage manufacturers, Utz Brands is exposed to ongoing challenges from inflation and increasing input costs. These include the cost of raw materials (such as potatoes, corn, and oil), labor, energy, and distribution. While the company employs pricing strategies and cost-saving initiatives to mitigate these impacts, there is no guarantee these measures will fully offset increased costs, which could adversely affect gross profit margins and overall financial performance.

AI Analysis | Feedback

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Utz Brands, Inc. operates within the expansive snack food industry, offering a diverse portfolio of salty snacks. The addressable markets for its main products in the United States are substantial:

  • Salty Snacks (Overall): The U.S. salty snack industry was estimated at $30.3 billion in 2024. This market is projected to continue its growth, reaching $31.6 billion in 2026.
  • Potato Chips: The U.S. potato chips market size was valued at approximately USD 24.97 billion in 2024 and is expected to grow to USD 35.62 billion by 2032.
  • Tortilla Chips: The U.S. tortilla chips market, as a segment of the combined U.S. potato and tortilla chips market (valued at USD 21 billion in 2025), represents a significant portion. Potato chips account for nearly 60% of this combined market, suggesting the tortilla chips segment is approximately USD 8.4 billion in 2025. The U.S. also captured 82% of the North American tortilla chips market share in 2024.
  • Pretzels: The U.S. pretzel market generated an estimated revenue of USD 2,268.9 million in 2024. This market is projected to reach approximately USD 2,726.8 million by 2030.
  • Cheese Snacks: The U.S. cheese snacks market generated a revenue of USD 24,307.9 million in 2024 and is expected to reach USD 35,619.9 million by 2030.
  • Ready-to-Eat Popcorn: The United States popcorn market size reached USD 5.7 billion in 2025. Ready-to-eat popcorn accounted for 67.92% of total sales in the U.S. popcorn market in 2025, indicating an addressable market of approximately USD 3.87 billion for ready-to-eat popcorn in the U.S. for that year.
  • Salsa and Queso: For queso, the United States canned cheese sauce market was valued at USD 865.4 million in 2025 and is projected to reach USD 1.28 billion by 2032. While Utz Brands operates a salsa business, a specific addressable market size for salsa alone in the U.S. was not readily available; it is generally included within the broader dips and spreads market.

AI Analysis | Feedback

Utz Brands (UTZ) is expected to drive future revenue growth over the next two to three years through a combination of strategic initiatives:

  • Geographic Expansion: Utz Brands is focusing on expanding into new "white-space" geographies, with a significant emphasis on the California market. This expansion is supported by the acquisition of direct store delivery (DSD) distribution routes in California and parts of the Midwest, aiming to capture a larger share of the U.S. snacking market.
  • Product Innovation and Premiumization: The company plans to introduce new and innovative products, particularly in the "better-for-you" and premium snacking categories, including protein-fortified pretzels and puffs. These new offerings are designed to expand household penetration and drive growth in higher-value segments.
  • Growth of Power Brands: Utz Brands is concentrating on its "Power Four Brands" (Utz, On The Border, Boulder Canyon, and Zapp's) to accelerate volume-led sales growth and maintain or gain market share. This portfolio strategy is crucial for driving performance in both core and expansion geographies.
  • Increased Marketing Investments: The company is significantly increasing its marketing and advertising spend to enhance brand awareness, drive consumer trial, and boost household penetration across its brand portfolio. This heightened marketing effort supports sustained improvements in profitability and market presence.

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Share Repurchases

  • On February 10, 2026, Utz Brands' Board of Directors approved its first share repurchase program, authorizing the buyback of up to $50 million of Class A common stock.
  • This program is intended to return capital to shareholders while prioritizing investments for growth and reducing leverage.

Share Issuance

  • As of the end of 2025, Utz Brands had 87.5 million Class A shares and 55.3 million Class V shares outstanding, totaling a diluted share count of 142.8 million shares.
  • The number of shares outstanding increased by 2.74% in one year.
  • Insider warrant exercises in August 2025 resulted in the conversion of warrants into Class A common stock.

Outbound Investments

  • Utz Brands acquired Our Home in February 2024 for $182 million.
  • The company acquired RW Garcia in December 2021 for $56 million and Festida Foods in May 2021 for $41 million, aimed at bolstering the supply chain for its On The Border tortilla chip brand and expanding geographic reach.
  • In August 2024, Utz purchased certain distribution rights in South Florida from National Food Corp, adding approximately 65 direct-store delivery (DSD) routes, following a prior acquisition of 21 DSD routes in Central Florida in March 2021.

Capital Expenditures

  • Capital expenditures were $102.8 million in fiscal year 2025.
  • For fiscal year 2026, the company anticipates capital expenditures to be in the range of $60 to $65 million.
  • The primary focus of these capital expenditures is on achieving accelerated productivity savings and supporting targeted growth initiatives, as well as streamlining operations and automating production.

Better Bets vs. Utz Brands (UTZ)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

UTZPEPMDLZHSYGISCPBMedian
NameUtz Bran.PepsiCo Mondelez.Hershey General .Campbell. 
Mkt Price7.71141.3960.79179.1136.0122.7348.40
Mkt Cap0.7193.378.036.419.36.827.9
Rev LTM1,44895,44939,30411,99118,3719,92815,181
Op Inc LTM1214,1213,7981,7232,6721,1512,197
FCF LTM428,8422,5751,8521,6506711,751
FCF 3Y Avg87,7843,2051,6672,1646761,916
CFO LTM12013,1013,8892,3492,2261,0982,288
CFO 3Y Avg9712,8234,4942,2822,8621,1272,572

Growth & Margins

UTZPEPMDLZHSYGISCPBMedian
NameUtz Bran.PepsiCo Mondelez.Hershey General .Campbell. 
Rev Chg LTM2.3%4.3%7.8%11.5%-6.5%-2.9%3.3%
Rev Chg 3Y Avg0.7%2.8%6.2%4.0%-2.7%2.4%2.6%
Rev Chg Q2.6%8.5%8.2%10.6%-8.4%-4.4%5.4%
QoQ Delta Rev Chg LTM0.6%1.6%2.0%2.6%-2.2%-1.1%1.1%
Op Inc Chg LTM-78.1%10.4%-16.9%-23.6%-25.7%-12.5%-20.3%
Op Inc Chg 3Y Avg3.5%6.3%5.7%-7.7%-3.7%-2.8%0.4%
Op Mgn LTM0.8%14.8%9.7%14.4%14.5%11.6%13.0%
Op Mgn 3Y Avg2.4%14.3%13.7%20.0%17.0%12.5%14.0%
QoQ Delta Op Mgn LTM0.1%0.4%0.3%1.9%-1.0%-0.5%0.2%
CFO/Rev LTM8.3%13.7%9.9%19.6%12.1%11.1%11.6%
CFO/Rev 3Y Avg6.8%13.8%12.1%20.1%14.7%11.4%13.0%
FCF/Rev LTM2.9%9.3%6.6%15.4%9.0%6.8%7.9%
FCF/Rev 3Y Avg0.6%8.4%8.6%14.7%11.1%6.9%8.5%

Valuation

UTZPEPMDLZHSYGISCPBMedian
NameUtz Bran.PepsiCo Mondelez.Hershey General .Campbell. 
Mkt Cap0.7193.378.036.419.36.827.9
P/S0.52.02.03.01.10.71.5
P/Op Inc57.713.720.521.17.25.917.1
P/EBIT20.516.120.221.37.76.018.2
P/E-81.122.129.933.38.711.116.6
P/CFO5.714.820.115.58.76.211.7
Total Yield2.2%8.5%6.6%6.0%18.3%14.2%7.5%
Dividend Yield3.4%4.0%3.2%3.0%6.8%5.2%3.7%
FCF Yield 3Y Avg1.4%3.6%3.7%4.3%7.2%7.0%4.0%
D/E1.50.30.30.20.71.00.5
Net D/E1.40.20.30.10.71.00.5

Returns

UTZPEPMDLZHSYGISCPBMedian
NameUtz Bran.PepsiCo Mondelez.Hershey General .Campbell. 
1M Rtn4.4%-3.3%-2.3%-9.5%7.0%10.9%1.0%
3M Rtn5.9%-6.6%4.3%-15.6%0.5%3.4%1.9%
6M Rtn-25.0%0.3%13.3%-1.4%-21.1%-16.6%-9.0%
12M Rtn-37.8%14.6%-7.3%10.5%-24.5%-22.3%-14.8%
3Y Rtn-50.6%-15.7%-10.6%-25.3%-49.4%-44.2%-34.7%
1M Excs Rtn6.6%-1.1%-0.1%-7.2%9.2%13.1%3.3%
3M Excs Rtn-8.4%-18.8%-8.0%-27.8%-11.9%-5.0%-10.1%
6M Excs Rtn-29.8%-6.1%7.8%-6.9%-26.8%-21.6%-14.3%
12M Excs Rtn-58.0%-5.9%-27.4%-10.6%-45.6%-43.5%-35.4%
3Y Excs Rtn-118.4%-83.8%-78.1%-93.4%-118.1%-112.0%-102.7%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2025202420232022
Manufacturing, distribution, marketing and sale of snack food products1,4391,4091,4081,181
Total1,4391,4091,4081,181


Operating Income by Segment
$ Mil20252024
Manufacturing, distribution, marketing and sale of snack food products2059
Total2059


Net Income by Segment
$ Mil20252024
Manufacturing, distribution, marketing and sale of snack food products-831
Total-831


Assets by Segment
$ Mil2019
Manufacturing, distribution, marketing and sale of snack food products452
Total452


Price Behavior

Price Behavior
Market Price$7.71 
Market Cap ($ Bil)0.7 
First Trading Date11/26/2018 
Distance from 52W High-45.3% 
   50 Days200 Days
DMA Price$7.35$9.29
DMA Trenddowndown
Distance from DMA5.0%-17.0%
 3M1YR
Volatility45.2%43.5%
Downside Capture-134.8253.73
Upside Capture-48.06-15.08
Correlation (SPY)-4.0%11.4%
UTZ Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta1.400.460.480.500.570.31
Up Beta6.961.170.960.690.480.44
Down Beta1.260.290.661.501.150.15
Up Capture-85%-22%-26%-19%-3%3%
Bmk +ve Days13283667141432
Stock +ve Days8192561119364
Down Capture41%45%87%54%92%74%
Bmk -ve Days7132757109318
Stock -ve Days11213762129371

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UTZ
UTZ-37.4%43.4%-0.95-
Sector ETF (XLP)7.8%13.1%0.3127.2%
Equity (SPY)21.2%12.4%1.2610.5%
Gold (GLD)21.8%27.7%0.707.0%
Commodities (DBC)21.8%18.6%0.92-7.7%
Real Estate (VNQ)16.1%13.6%0.8528.1%
Bitcoin (BTCUSD)-44.7%42.5%-1.270.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UTZ
UTZ-18.0%36.8%-0.45-
Sector ETF (XLP)7.0%13.4%0.3033.3%
Equity (SPY)13.4%17.1%0.6123.0%
Gold (GLD)17.8%18.3%0.792.9%
Commodities (DBC)7.4%19.5%0.28-1.3%
Real Estate (VNQ)3.4%18.9%0.0830.4%
Bitcoin (BTCUSD)10.7%54.0%0.399.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with UTZ
UTZ-1.2%34.1%0.04-
Sector ETF (XLP)7.4%14.8%0.3722.9%
Equity (SPY)15.2%18.0%0.7218.5%
Gold (GLD)11.8%16.1%0.604.5%
Commodities (DBC)5.9%18.0%0.263.2%
Real Estate (VNQ)5.6%20.7%0.2321.9%
Bitcoin (BTCUSD)54.6%66.4%0.9511.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6152026
Short Interest: Shares Quantity8.7 Mil
Short Interest: % Change Since 5312026-2.0%
Average Daily Volume1.6 Mil
Days-to-Cover Short Interest5.5 days
Basic Shares Quantity88.3 Mil
Short % of Basic Shares9.8%

Earnings Returns History

Updated 6/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/20267.9%-3.9%-11.6%
2/12/2026-19.1%-16.8%-32.1%
10/30/2025-12.6%-12.4%-17.7%
7/31/2025-6.5%-7.1%-3.7%
5/1/2025-8.7%-8.9%-0.5%
2/20/20252.8%2.0%0.9%
10/31/20246.2%11.2%7.4%
8/1/20246.2%14.8%12.7%
...
SUMMARY STATS   
# Positive12109
# Negative111314
Median Positive6.3%6.6%7.4%
Median Negative-6.5%-5.4%-6.8%
Max Positive7.9%14.8%12.7%
Max Negative-19.1%-16.8%-32.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/20267.9%-3.9%-11.6%
2/12/2026-19.1%-16.8%-32.1%
10/30/2025-12.6%-12.4%-17.7%
7/31/2025-6.5%-7.1%-3.7%
5/1/2025-8.7%-8.9%-0.5%
2/20/20252.8%2.0%0.9%
10/31/20246.2%11.2%7.4%
8/1/20246.2%14.8%12.7%
5/2/20247.8%2.3%2.3%
2/29/2024-3.5%-3.7%0.5%
11/9/20230.0%9.2%11.5%
8/10/20233.2%-2.8%-10.9%
5/11/2023-6.5%-2.7%-13.9%
3/2/20237.0%5.3%-0.1%
11/10/20226.3%7.8%11.7%
8/11/2022-3.0%-4.7%-9.8%
5/12/20227.9%8.2%4.1%
3/3/2022-3.6%3.2%-0.7%
11/10/20216.5%3.1%-1.5%
8/12/2021-7.5%-15.4%-7.2%
5/13/2021-8.2%-9.0%-6.4%
3/18/2021-4.0%-5.4%-2.3%
11/5/20202.4%-1.2%12.1%
SUMMARY STATS   
# Positive12109
# Negative111314
Median Positive6.3%6.6%7.4%
Median Negative-6.5%-5.4%-6.8%
Max Positive7.9%14.8%12.7%
Max Negative-19.1%-16.8%-32.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/12/202610-K
09/30/202510/30/202510-Q
06/30/202507/31/202510-Q
03/31/202505/01/202510-Q
12/31/202402/20/202510-K
09/30/202410/31/202410-Q
06/30/202408/01/202410-Q
03/31/202405/02/202410-Q
12/31/202302/29/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202203/02/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/06/202610-Q
12/31/202502/12/202610-K
09/30/202510/30/202510-Q
06/30/202507/31/202510-Q
03/31/202505/01/202510-Q
12/31/202402/20/202510-K
09/30/202410/31/202410-Q
06/30/202408/01/202410-Q
03/31/202405/02/202410-Q
12/31/202302/29/202410-K
09/30/202311/09/202310-Q
06/30/202308/10/202310-Q
03/31/202305/11/202310-Q
12/31/202203/02/202310-K
09/30/202211/10/202210-Q
06/30/202208/11/202210-Q
03/31/202205/12/202210-Q
12/31/202103/03/202210-K
09/30/202111/12/202110-Q
06/30/202108/12/202110-Q
03/31/202105/13/202110-Q
06/30/202008/10/202010-Q
03/31/202005/08/202010-Q
12/31/201903/12/202010-K
09/30/201911/12/201910-Q
06/30/201908/09/201910-Q
03/31/201905/13/201910-Q
12/31/201803/28/201910-K

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 5/6/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Organic Net Sales Growth2.0%2.5%3.0%00AffirmedGuidance: 2.5% for 2026
2026 Adjusted EBITDA growth5.0%6.5%8.0%00AffirmedGuidance: 6.5% for 2026
2026 Adjusted EPS decline-0.06-0.04-0.0300AffirmedGuidance: -0.04 for 2026
2026 Adjusted Free Cash Flow60.00 Mil70.00 Mil80.00 Mil0 AffirmedGuidance: 70.00 Mil for 2026
2026 Interest expense47.00 Mil48.00 Mil49.00 Mil0 AffirmedGuidance: 48.00 Mil for 2026
2026 Depreciation and amortization93.00 Mil95.00 Mil97.00 Mil0 AffirmedGuidance: 95.00 Mil for 2026
2026 Capital expenditures60.00 Mil62.50 Mil65.00 Mil0 AffirmedGuidance: 62.50 Mil for 2026
2026 Productivity savings 0.04   Higher New
2026 Effective tax rate17.0%18.0%19.0%  Higher New
2026 Net Leverage Ratio33.13.2  Higher New

Prior: Q4 2025 Earnings Reported 2/12/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Organic Net Sales Growth2.0%2.5%3.0%-16.7%-0.5%Lower NewActual: 3.0% for 2025
2026 Adjusted EBITDA Growth5.0%6.5%8.0%-23.5%-2.0%Lower NewActual: 8.5% for 2025
2026 Adjusted EPS Growth-6.0%-4.5%-3.0%-152.9%-13.0%Lower NewActual: 8.5% for 2025
2026 Interest Expense47.00 Mil48.00 Mil49.00 Mil4.4% Higher NewActual: 46.00 Mil for 2025
2026 Capital Expenditures60.00 Mil62.50 Mil65.00 Mil-37.5% Lower NewActual: 100.00 Mil for 2025
2026 Adjusted Free Cash Flow60.00 Mil70.00 Mil80.00 Mil   
2026 Depreciation and Amortization93.00 Mil95.00 Mil97.00 Mil   

Insider Activity

Updated 4/26/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Shea, Theresa RobbinsEVP, Chief Legal OfficerDirectBuy10620269.867026,922548,877Form
2Sponaugle, JamesEVP & Chief People OfficerDirectBuy10620269.866796,695512,888Form
3Series, R OF UM Partners, LlcDirectBuy112420259.511,40613,3715,991,300Form
4Series, U OF UM Partners, LlcDirectBuy112420259.517,97175,80433,950,700Form
5Series, R OF UM Partners, LlcDirectBuy112420259.6012,420119,2326,034,502Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Shea, Theresa RobbinsEVP, Chief Legal OfficerDirectBuy10620269.867026,922548,877Form
2Sponaugle, JamesEVP & Chief People OfficerDirectBuy10620269.866796,695512,888Form
3Series, R OF UM Partners, LlcDirectBuy112420259.511,40613,3715,991,300Form
4Series, U OF UM Partners, LlcDirectBuy112420259.517,97175,80433,950,700Form
5Series, R OF UM Partners, LlcDirectBuy112420259.6012,420119,2326,034,502Form
6Series, U OF UM Partners, LlcDirectBuy112420259.6070,379675,63834,195,478Form
7Series, R OF UM Partners, LlcDirectBuy112420259.531,17411,1885,872,138Form
8Series, U OF UM Partners, LlcDirectBuy112420259.536,65063,37433,275,424Form
9Lissette, DylanDirectBuy111920259.997,01070,0291,605,317Form
10Lissette, DylanDirectBuy111020259.997,90178,9091,534,873Form
11Series, U OF UM Partners, LlcDirectBuy1104202510.4885,000890,80036,522,800Form
12Series, R OF UM Partners, LlcDirectBuy1104202510.4815,000157,2006,445,200Form
13Friedman, Howard ACEOSee FootnoteBuy1104202510.587,20076,183701,499Form
14Kelley, William J JREVP, Chief Financial OfficerDirectBuy1104202510.474774,994144,046Form
15Shea, Theresa RobbinsEVP, Chief Legal OfficerDirectBuy1104202510.359659,986568,783Form
16Lissette, DylanDirectBuy1104202510.5831,750335,9151,542,384Form
17Choi, Christina DirectSell905202513.635,70377,732459,467Form
18Werzyn, William JR DirectBuy508202511.818,00094,472271,253Form
19Whyte, ChadEVP, Supply ChainDirectBuy506202511.965,00059,815702,431Form
20Brown, Timothy DirectBuy505202511.965,00059,784807,964Form
21Lissette, DylanDirectBuy505202511.8816,776199,2542,235,047Form
22Friedman, Howard ACEODirectBuy505202511.856,35075,2573,224,544Form
23Shea, Theresa RobbinsEVP and General CounselDirectBuy505202511.841,68919,989626,782Form
Core Cache Last Updated: 6/26/2026