Added to YB: 2026-01-19
Pitch date: 2026-01-15
UTZ [neutral]
Utz Brands, Inc.
-26.79%
current return
Author Info
Company Info
Utz Brands, Inc. manufactures branded salty snacks in the United States. The company provides a range of salty snack food products, such as potato chips, tortilla chips, pretzels, cheese snacks, pub and party mixes, pork skins, and ready-to-eat popcorn, as well as other snacks which include salsa and dips; and non-branded and non-salty snacks comprising partner brands, private label, and co-manufacturing products.
Market Cap
$680.0M
Pitch Price
$10.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
21.39
P/E
-76.51
EV/Sales
1.45
Sector
Food Products
Category
turnaround
Thoughts on the ICR Conference 2026 Day 2: Utz Brands $UTZ
UTZ (update): CEO Friedman (ex-Post COO) completing 2-yr cost rationalization (16 facilities→5), shifting to growth phase. Net debt/EBITDA at 3.9x, targeting <3.0x via asset sales. EPS +9% YOY despite weak consumer & Ozempic headwind. Insiders buying after recent selloff.
Read full article (2 min)