Utz Brands Reports Fourth Quarter and Full-Year 2020 Financial Results
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Utz Brands (UTZ) Misses Q4 EPS by 22c, Revenues Beat
March 18, 2021 6:33 AM EDTUtz Brands (NYSE: UTZ) reported Q4 EPS of ($0.13), $0.22 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $246.3 million versus the consensus estimate of $243 million.
2020 was a transformational year for Utz. We began our new chapter as a publicly traded company, and we delivered double-digit retail sales growth, making Utz the #3 brand platform in U.S. Salty Snacks and one of the fastest growing salty snack platforms of scale. Growth was led by our Power Brands and we added three million more buyers during the year.... More
