Utz Brands posted a net loss of USD 16 million in fiscal Q2 ended June 28, 2026, swinging from profit; EPS was USD -0.11.
Net sales rose 1.4% to USD 371.8 million, while adjusted EBITDA climbed 14.4% to USD 55.7 million.
Adjusted gross margin widened 1.5 percentage points to 33.2%, while adjusted EBITDA margin expanded 1.7 percentage points to 15%.
Howard Friedman said the quarter delivered solid net sales and adjusted EBITDA growth, citing year-over-year improvement in free cash flow and leverage.
Take-private agreement
On July 20, Utz agreed to be taken private at USD 14.25 per share, split 50-50 between Intersnack and the Rice and Lissette Family.
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