Company: UTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001628280-25-047281
Chunk: 109

Company: Utz Brands, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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 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, 2024

Net sales

Net sales were $377.8 million and $365.5 million for the thirteen weeks ended September 28, 2025 and September 29, 2024, respectively. Net sales for