Earnings ·
Utz Brands, Inc. reported second quarter fiscal 2026 financial results for the period ended June 28, 2026
UTZUtz Brands, Inc.
Utz Brands, Inc. reported second quarter fiscal 2026 financial results for the period ended June 28, 2026. Net sales increased 1.4% to $371.8 million, driven by a 3.3% increase in Branded Salty Snacks organic net sales. Adjusted EBITDA rose 14.4% to $55.7 million, while adjusted free cash flow improved to negative $0.7 million. The company reported a net loss of $16.0 million compared to net income of $10.1 million in the prior year period. Utz also reiterated its pending agreement with Intersnack Group to take the company private for $14.25 per share, expected to close in the fourth quarter of 2026. Consequently, no forward-looking guidance or conference call will be provided. Utz Brands is a leading U.S. manufacturer of branded salty snacks.