Utz Brands Inc. reported its financial results for the fourth quarter (Q4) and full year (FY) ended December 29, 2024. For Q4 2024, gross profit was USD 87.1 million, with gross profit as a percentage of net sales at 25.5. Adjusted gross profit reached USD 105.3 million in the quarter, representing 30.9 of net sales. For the full year 2024, gross profit totaled USD 369.1 million, with a gross profit margin of 26.2. Adjusted gross profit for the year was USD 418.9 million, or 29.7 of net sales. Depreciation and amortization expenses for Q4 2024 were USD 6.9 million, while for the full year they amounted to USD 28.3 million. Non-cash and other cash adjustments were USD 11.3 million in Q4 and USD 21.5 million for the full year. During the fourth quarter of 2025, Utz Brands Inc. implemented a change in the presentation of costs related to inter-location logistics, direct store delivery distribution centers, and outbound shipping and handling activities, reclassifying these from selling expenses to cost of goods sold. This change was applied retrospectively to all periods presented, impacting reported cost of goods sold, gross profit, and selling expenses. The company also provided a breakdown of the reclassified depreciation, amortization, and non-cash adjustments associated with this change.

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