Company: UTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001628280-25-047281
Chunk: 8

Company: Utz Brands, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 2
Chunk 8
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 2025 and September 29, 2024.

(in millions)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 $1,068.2 Cost of goods sold250.9 234.5 724.7 692.9 Gross profit126.9 131.0 371.9 375.3 Selling, distribution, and administrative expensesSelling and distribution88.4 80.1 251.5 227.5 Administrative34.7 29.9 104.3 96.5 Total selling, distribution, and administrative expenses123.1 110.0 355.8 324.0 (Loss) gain on sale of assets, net(0.5)(1.5)(0.7)0.4 Income from operations3.3 19.5 15.4 51.7 Other (loss) incomeGain on sale of business— — — 44.0 Interest expense(10.6)(12.6)(33.5)(36.6)Loss on debt extinguishment— — (0.5)(1.3)Other income1.2 0.5 1.0 1.5 (Loss) gain on remeasurement of warrant liability (0.7)(6.4)22.8 (5.3)Other (loss) income, net(10.1)(18.5)(10.2)2.3 (Loss) income before taxes(6.8)1.0 5.2 54.0 Income tax expense13.4 0.2 9.6 25.4 Net (loss) income (20.2)0.8 (4.4)28.6 Net loss (income) attributable to noncontrolling interest5.5 (3.0)7.7 (15.0)Net (loss) income attributable to controlling interest$(14.7)$(2.2)$3.3 $13.6 

23

Thirteen weeks ended September 28, 2025 versus Thirteen weeks ended September 29