Utz Brands, Inc.
For the period ended Mar 30, 2025. Filed May 1, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2025 · Filed May 1, 2025
UTZ$14.25+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
| (in thousands) | Thirteen weeks ended March 30, 2025 | Thirteen weeks ended March 31, 2024 |
|---|---|---|
| Net sales | $352,084 | $346,523 |
| Cost of goods sold | 233,854 | 226,950 |
| Gross profit | 118,230 | 119,573 |
| Selling, distribution, and administrative expenses | ||
| Selling and distribution | 77,265 | 73,666 |
| Administrative | 35,949 | 35,782 |
| Total selling, distribution, and administrative expenses | 113,214 | 109,448 |
| Gain (loss) on sale of assets, net | 660 | (470) |
| Income from operations | 5,676 | 9,655 |
| Other (expense) income, net | ||
| Gain on sale of business | — | 44,015 |
| Interest expense | (11,470) | (13,831) |
| Loss on debt extinguishment | (531) | — |
| Other income | 362 | 910 |
| Gain (loss) on remeasurement of warrant liability | 11,016 | (11,808) |
| Other (expense) income, net | (623) | 19,286 |
| Income before taxes | 5,053 | 28,941 |
| Income tax (benefit) expense | (625) | 26,544 |
| Net income | 5,678 | 2,397 |
| Net loss (income) attributable to noncontrolling interest | 1,824 | (6,387) |
| Net income (loss) attributable to controlling interest | $7,502 | $(3,990) |
| Income (loss) per Class A Common stock: (in dollars) | ||
| Basic | $0.09 | $(0.05) |
| Diluted | $0.09 | $(0.05) |
| Weighted-average shares of Class A Common stock outstanding | ||
| Basic | 85,721,393 | 81,389,465 |
| Diluted | 87,535,340 | 81,389,465 |
| Net income | $5,678 | $2,397 |
| Other comprehensive (loss) income: | ||
| Change in fair value of interest rate swap | (6,452) | 4,659 |
| Comprehensive (loss) income | (774) | 7,056 |
| Net comprehensive loss (income) attributable to noncontrolling interest | 4,364 | (8,352) |
| Net comprehensive income (loss) attributable to controlling interest | $3,590 | $(1,296) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.