Utz Brands (UTZ) Misses Q1 EPS by 1c, Revenues Miss
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May 13, 2021 6:30 AM EDT
The Company Reaffirms FY 2021 Outlook
HANOVER, Pa.--(BUSINESS WIRE)--
Utz Brands, Inc. (NYSE: UTZ) (Utz or the Company), a leading U.S. manufacturer of branded salty snacks, today reported financial results for the Companys fiscal first quarter ended April 4, 2021.
In the first quarter, we continued to execute against our value creation strategies to position the Company for long-term success, said Dylan Lissette, Chief Executive Officer of Utz. Even as we lapped significant out-performance versus the category in the early weeks of the COVID-19 pandemic last year,... More
May 11, 2021 6:00 AM EDT
Acquisition Vertically Integrates Largest Supplier of the Companys ON THE BORDER® Tortilla Chip Brand
HANOVER, Pa.--(BUSINESS WIRE)--
Utz Brands, Inc. (NYSE: UTZ) (Utz or the Company), a leading U.S. manufacturer of branded salty snacks, announced that its subsidiaries have entered into a definitive agreement with Great Lakes Festida Holdings, Inc. and related entities, to acquire all of the assets, including the real estate located in Grand Rapids, MI, related to the operation of Festida Foods (Festida Foods or Festida). Festida Foods is a leading manufacturer of... More
