The latest update is out from UTZ Brands ( (UTZ) ).
Utz Brands announced the appointment of William J. Kelley Jr. as the new Chief Financial Officer, effective May 1, 2025, succeeding Ajay Kataria. Additionally, Mark Schreiber, the Chief Customer Officer, will retire, and Jeremy Stuart will take over the role. The company reaffirmed its fiscal year 2025 outlook and announced preliminary first-quarter results, expecting a slight increase in net sales and net income. Utz continues to focus on growth through its branded salty snacks and aims for improved financial performance, including adjusted EBITDA growth and expanded profit margins.
Spark’s Take on UTZ Stock
According to Spark, TipRanks’ AI Analyst, UTZ is a Neutral.
UTZ Brands demonstrates solid financial performance and positive future guidance, supported by strategic initiatives and leadership changes. However, high valuation and technical indicators suggest caution, with potential risks in market trends and channel challenges. The stock’s overall score reflects a balanced view of these factors.
To see Spark’s full report on UTZ stock, click here.
More about UTZ Brands
Utz Brands, Inc. is a leading U.S. manufacturer of branded salty snacks, including popular brands like Utz®, On The Border® Chips & Dips, Zapp’s®, and Boulder Canyon®. With a strong family heritage, the company is based in Hanover, Pennsylvania, and distributes its products nationally through various channels, supported by multiple manufacturing facilities across the U.S.
YTD Price Performance: -12.90%
Average Trading Volume: 1,216,431
Technical Sentiment Signal: Buy
Current Market Cap: $2B
For an in-depth examination of UTZ stock, go to TipRanks’ Stock Analysis page.