Company: UTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001628280-25-047281
Chunk: 29

Company: Utz Brands, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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, 2024, respectively— — Shares of Class V Common Stock, $0.0001 par value; 61,249,000 shares authorized; 55,349,000 and 57,349,000 shares issued and outstanding as of September 28, 2025 and December 29, 2024, respectively— — Additional paid-in capital1,032.8 988.5 Accumulated deficit (318.4)(304.7)Accumulated other comprehensive income10.9 18.6 Total stockholders' equity725.3 702.4 Noncontrolling interest636.8 685.3 Total equity1,362.1 1,387.7 Total liabilities and equity$2,776.6 $2,728.4 

The accompanying notes are an integral part of these consolidated financial statements.

1

Utz Brands, Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the thirteen and thirty-nine weeks ended September 28, 2025 and September 29, 2024

(In millions, except share information)

(Unaudited)

Thirteen weeks ended September 28, 2025Thirteen weeks ended September 29, 2024Thirty-nine weeks ended September 28, 2025Thirty-nine weeks ended September 29, 2024Net sales$377.8 $365.5 $1,096.6 $1,068.2 Cost of goods sold250.9 234.5 724.7 692.9 Gross profit126.9 131.0 371.9 375.3 Selling, distribution, and administrative expensesSelling and distribution88.4 80.1 251.5 227.5 Administrative34.7 29.9 104.3 96.5 Total selling, distribution, and administrative expenses123.1 110.0 355.8 324.0 (Loss) gain on sale of assets, net(0.5)(1.5)(0.7)0.4 Income from operations3.3 19.5 15.4 51.7 Other (loss) income, netGain on sale of business— — — 44.0 Interest expense(10.6)(12.6)(33.5)(36.