Utz Brands announces three year targets ahead of investor event

At its investor event, Utz plans to introduce the following three-year financial targets: 4% to 5% organic net sales growth; 16% adjusted EBITDA margin in FY 2026; Double digit annual adjusted EPS growth; net Leverage Ratio of ~3X by year-end 2026. Friedman continued, “As we look to the future, we will lean into the strength of our Power Brands, which include Utz(R), Zapp’s(R), Boulder Canyon(R), and On The Border(R), with increased marketing, cross-category innovation and market expansion across the U.S. In doing so, we expect our top-line growth to outpace the Salty Snack category and our bottom-line growth to generate outsized shareholder returns. We look forward to sharing more details around our long-term value creation plans at our Investor Day today.”