New facility is 650,000 square feet.

Salty snack makers amplified promotions for value-driven shoppers, CEO says.

Sustainable sourcing and product transparency also discussed.

New DSD routes from National Food add South Florida coverage.
 

Second-half outlook trimmed amid softness in salty snack category.

The company reaffirmed its organic sales and adjusted EBITDA outlook for fiscal 2024.
 

Utz Brands’ manufacturing footprint has been reduced from 16 plants in 2021 to 8.
 

Company plans to increase marketing expenditures 40% in fiscal 2024.

Contains bite-size versions of well-known Utz shapes.

Earnings multiples for the sector in early 2024 are lower than historical averages.