Utz Brands (NYSE: UTZ) reported Q1 EPS of $0.15, $0.01 better than the analyst estimate of $0.14. Revenue for the quarter came in at $361.3 million versus the consensus estimate of $361.8 million.

Fiscal Year 2026 Outlook

The Company will benefit from a 53rd week in the fourth quarter of 2026. Guidance has indicated the impact of the 53rd week, where appropriate. The Company is reiterating all aspects of 2026 guidance. For the fiscal year 2026, the Company continues to expect:

Organic Net Sales growth of 2% to 3%, assuming a flat Salty Snacks category at midpoint, led by continued Branded Salty Snacks growth, particularly the Power Four Brands. This metric excludes the 53rd week

We expect that the 53rd week will benefit Reported Net Sales by approximately $20 million in the fourth quarter of 2026

Productivity savings of approximately 4% of Adjusted COGS
Adjusted EBITDA growth of 5% to 8% and Adjusted EBITDA margin expansion, led by Adjusted Gross Margin expansion fueled by strong productivity cost savings and improved product mix. This metric includes the 53rd week

We expect that the 53rd week will benefit Adjusted EBITDA by approximately $3 million in the fourth quarter of 2026

Adjusted EPS decline in range of 3% to 6%, driven primarily by higher depreciation and amortization of approximately $13 million, higher interest expense, and a higher tax rate, the impact of these three items equating to approximately 12 cents

We expect that the 53rd week will benefit Adjusted EPS by 2 cents in the fourth quarter of 2026

Adjusted Free Cash Flow in the range of $60 and $80 million

Adjusted Free Cash Flow is defined as Cash Flows From Operating Activities less Capital Expenditures Plus Net Sales of Property and Equipment

For earnings history and earnings-related data on Utz Brands (UTZ) click here.