Utz Brands, Inc. (NYSE:UTZ) Q1 2025 Results Prepared Remarks May 1, 2025 6:30 AM ET
Company Participants
Kevin Powers – Senior Vice President of Investor Relations
Howard Friedman – Chief Executive Officer
Ajay Kataria – Chief Financial Officer
Kevin Powers
Good morning, and thank you for joining us today for our pre-recorded discussion of our first quarter 2025 earnings results. Joining me on the call today are Howard Friedman, CEO; Ajay Kataria, CFO.
In addition, this morning at 09:30 a.m. Eastern Time, we will host a live question-and-answer session, which you can access via webcast on our Investor Relations website. Please note that some of our comments today will contain forward-looking statements based on our current view of our business and actual future results may differ materially. Please see the forward-looking statement disclaimer in the earnings materials and our recent SEC filings, which identify the principal risks and uncertainties that could affect future performance.
Today, we will discuss certain adjusted or non-GAAP financial measures, which are described in more detail in this morning’s earnings materials. Reconciliations of non-GAAP financial measures and other associated disclosures are contained in our earnings materials and posted on our Investor Relations website.
Finally, the company has also posted presentation slides and additional supplemental financial information on our Investor Relations website.
And now, I’d like to turn the call over to Howard.
Howard Friedman
Thank you, Kevin, and good morning, everyone. Let’s begin with a few key messages. We delivered a strong start to the year with first quarter organic net sales growth of 2.9%, led by branded salty snacks growth of 4.9%. We gained dollar and volume share in the salty snacks category for the 13-week period ended March 31st, 2025, as measured by Circana’s MULO+ with convenience, driven by the continued momentum of our Power 4 brands. Our strong consumption results reflect significant continued growth of
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