Utz Brands Inc is a leading manufacturer and marketer of snack foods, specializing in a diverse range of savory products that include potato chips, pretzels, cheese balls, and other popular snacks
The company is known for its commitment to quality and innovation, producing a variety of beloved brands that cater to consumers' cravings for tasty and convenient snack options. With a strong presence in the snack food market, Utz focuses on delivering flavorful experiences while maintaining a dedication to sustainability and community engagement. Their products are widely available through various retail channels, making it easy for snack enthusiasts to enjoy their offerings.
Snack food company Utz Brands (NYSEUTZ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 3.1% year on year to $341 million. Its non-GAAP profit of $0.22 per share was 14.7% above analysts’ consensus estimates.
Utz has gotten torched over the last six months - since August 2024, its stock price has dropped 20.6% to $13.53 per share. This might have investors contemplating their next move.
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Snack food company Utz Brands (NYSEUTZ) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 1.7% year on year to $365.5 million. Its non-GAAP profit of $0.21 per share was 4.5% above analysts’ consensus estimates.
The inclusion of some defensive stocks from the miscellaneous food industry may safeguard your portfolio if the current market rally pauses due to internal or external reasons. Thus, here are some stocks in the industry for a healthy portfolio.
