UTZ Brands (UTZ) fell more than 6% in recent trading activity Thursday despite the company reporting higher fiscal Q1 results.
The company posted fiscal Q1 adjusted earnings of $0.16 per diluted share, up from $0.14 a year earlier. Analysts polled by FactSet expected $0.15.
Net sales for the quarter ended March 30 were $352.1 million, compared with $346.5 million a year earlier. Analysts surveyed by FactSet expected $351.3 million.
For full-year 2025, the company reiterated that it expects its adjusted EPS to grow by 10% to 15%. Analysts polled by FactSet expected $0.84. Meanwhile, organic net sales for the year are projected to rise by low single digits. Analysts polled by FactSet expected $1.43 billion.
Price: 12.44, Change: -0.85, Percent Change: -6.43
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