utz quality foods, llc, a privately-owned and family managed company founded in 1921 and based in hanover, pa manufacturers and markets snack foods throughout the united states and internationally. the company produces a full line of snack products including potato chips, pretzels, cheese snacks, corn products and popcorn. utz has four manufacturing facilities in hanover, with additional facilities in louisiana, massachusetts, and wilkes-barre, pa. utz products are distributed nationally through grocery, mass-merchant, club stores, convenience stores, drug stores and other channels under the utz, zapp’s, “dirty”, wachusett, mystic, & california chips brand names. for information about utz or its products, visit www.utzsnacks.com or call 1-800-for-snax.
Company profile
Ticker
UTZ
Exchange
Website
CEO
Dylan B. Lissette
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Collier Creek Holdings
SEC CIK
Corporate docs
Subsidiaries
Utz Brands Holdings, LLC • Utz Quality Foods, LLC • UTZTRAN, LLC • Heron Holding Corporation • Golden Flake Snack Foods, Inc. • Kitchen Cooked, Inc. • Kennedy Endeavors, LLC • GH Pop Holdings, LLC • Condor Snack Foods, LLC • Snikiddy, LLC ...
IRS number
981425274
UTZ stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Utz Brands Reports First Quarter 2024 Results
2 May 24
8-K
Amendments to Articles of Incorporation or Bylaws
26 Apr 24
8-K
Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing
18 Apr 24
ARS
2023 FY
Annual report to shareholders
14 Mar 24
DEFA14A
Additional proxy soliciting materials
14 Mar 24
DEF 14A
Definitive proxy
14 Mar 24
PRE 14A
Preliminary proxy
1 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Utz Brands Reports Fourth Quarter and Full-Year 2023 Results
29 Feb 24
Transcripts
UTZ
Earnings call transcript
2024 Q1
2 May 24
UTZ
Earnings call transcript
2023 Q3
9 Nov 23
UTZ
Earnings call transcript
2023 Q2
10 Aug 23
UTZ
Earnings call transcript
2023 Q1
11 May 23
UTZ
Earnings call transcript
2022 Q4
2 Mar 23
UTZ
Earnings call transcript
2022 Q3
10 Nov 22
UTZ
Earnings call transcript
2022 Q2
11 Aug 22
UTZ
Earnings call transcript
2022 Q1
12 May 22
UTZ
Earnings call transcript
2021 Q4
3 Mar 22
UTZ
Earnings call transcript
2021 Q3
11 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
23 May 24
4
Cary Devore
7 May 24
4
Change in insider ownership
7 May 24
4
Change in insider ownership
7 May 24
4
Dylan Lissette
7 May 24
144
Notice of proposed sale of securities
7 May 24
144
Notice of proposed sale of securities
7 May 24
4
Mark Schreiber
6 May 24
144
Notice of proposed sale of securities
6 May 24
144
Notice of proposed sale of securities
6 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Oct 23 | Jul 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Jan 23 | Jan 22 | Jan 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 47.00 mm | 47.00 mm | 47.00 mm | 47.00 mm | 47.00 mm | 47.00 mm |
Cash burn (monthly) | 1.67 mm | 909.75 k | (no burn) | (no burn) | 3.02 mm | (no burn) |
Cash used (since last report) | 2.96 mm | 1.61 mm | n/a | n/a | 5.35 mm | n/a |
Cash remaining | 44.04 mm | 45.39 mm | n/a | n/a | 41.65 mm | n/a |
Runway (months of cash) | 26.3 | 49.9 | n/a | n/a | 13.8 | n/a |
Institutional ownership, Q4 2023
13.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 33 |
Opened positions | 4 |
Closed positions | 160 |
Increased positions | 6 |
Reduced positions | 13 |
13F shares | Current |
---|---|
Total value | 63.65 bn |
Total shares | 10.57 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
JPM JPMorgan Chase & Co. | 5.11 mm | $82.96 mm |
Copeland Capital Management | 2.95 mm | $47.95 bn |
MFC Manulife Financial | 1.55 mm | $34.10 mm |
DAVENPORT & Co | 476.65 k | $7.74 bn |
Ami Asset Management | 194.20 k | $3.15 bn |
SeaCrest Wealth Management | 39.29 k | $674.52 mm |
Diversified Trust | 38.46 k | $624.51 mm |
Mirae Asset Global Investments | 31.77 k | $516.01 mm |
Raymond James Financial Services Advisors | 30.62 k | $497.25 mm |
Legacy Wealth Asset Management | 22.97 k | $372.95 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 May 24 | Dylan Lissette | Class A Common Stock | Sell | Dispose S | No | No | 19.115 | 10,003 | 191.21 k | 118,222 |
7 May 24 | Cary Devore | Class A Common Stock | Sell | Dispose S | No | No | 18.9928 | 40,000 | 759.71 k | 480,173 |
6 May 24 | Mark Schreiber | Class A Common Stock | Sell | Dispose S | No | No | 19.469 | 20,103 | 391.39 k | 108,126 |
6 May 24 | Series R of UM Partners | Class A Common Stock | Sell | Dispose S | No | No | 18.76 | 70,215 | 1.32 mm | 0 |
6 May 24 | Series U of UM Partners | Class A Common Stock | Sell | Dispose S | No | No | 18.76 | 397,885 | 7.46 mm | 0 |
News
Barclays Maintains Overweight on Utz Brands, Raises Price Target to $23
6 May 24
Stephens & Co. Maintains Overweight on Utz Brands, Raises Price Target to $23
3 May 24
RBC Capital Maintains Outperform on Utz Brands, Raises Price Target to $23
3 May 24
Mizuho Maintains Buy on Utz Brands, Raises Price Target to $24
3 May 24
Analyst Ratings For Utz Brands
3 May 24
Press releases
Utz Brands, Inc. to Webcast Presentation at the Goldman Sachs Global Staples Forum
13 May 24
Utz Brands Features New and Best-Selling Chips, Pretzels and Poppers at Sweets & Snacks Expo
9 May 24
Utz Turns up the Heat With New Mike's Hot Honey Extra Hot Potato Chips
6 May 24
Utz Brands Reports First Quarter 2024 Results
2 May 24
Utz Brands to Report First Quarter 2024 Financial Results on May 2, 2024
16 Apr 24