By Josée Rose

Utz's third-quarter loss widened due to higher expenses, but saw strength in its salty snack business, reaffirming its full-year adjusted earnings expectations.

The snack maker posted a loss of $14.7 million, or 17 cents a share, compared to a loss of $2.2 million, or 3 cents a share, a year earlier.

On an adjusted basis, Utz said quarterly earnings were 23 cents a share.

Analysts polled by Factset expected earnings of 22 cents a share and adjusted earnings of 23 cents a share.

Sales rose 3.4% to $377.8 million; analysts had been expecting sales of $375 million.

Total organic sales rose 2.4% as salty snack organic sales were up 5.8%.

Utz raised its 2025 organic net sales outlook due to a strong third quarter, and now sees organic growth of about 3%. It expects continued strength in its salty snacks, particularly its Power Four Brands. It said it still expected adjusted earnings growth of 7% to 10%.

Utz also said it was expanding its presence in California, a key growth market, and acquired Insignia International's direct store delivery distribution assets to speed up its market growth. It said it currently gets about $79 million in retail sales across the state.

Write to Josée Rose at josee.rose@wsj.com

(END) Dow Jones Newswires

October 30, 2025 07:14 ET (11:14 GMT)

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