SHARPE
Reported results
- GAAP Net Sales decreased 2.3% to $369.2 million compared to $377.8 million in the prior year period.
- Non-GAAP Organic Net Sales decreased 2.3% to $369.2 million.
- GAAP Net Loss was $32.1 million compared to $20.2 million in the prior year period.
- Non-GAAP Adjusted Net Income decreased 57.6% to $14.2 million.
- Non-GAAP Adjusted EBITDA decreased 30.3% to $42.0 million.
- GAAP Diluted Earnings Per Share decreased to $(0.27) compared to $(0.17) in the prior year period.
Notes
On July 20, 2026, Utz entered into a definitive agreement to be acquired by Intersnack Group GmbH & Co. KG for $14.25 per share in cash, and consequently will not provide outlook for 2026. Additionally, during the first quarter of 2026, the Company revised the categorization of certain charges and gains, presenting associated items within supply chain transformation and corporate transformation and reclassifying prior period balances to conform to the current presentation.
Price and volatility reaction
The stock moved -0.2% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 14.27 | 2026-11-05 |
| Close after release | 14.24 | 2026-11-06 |
| Realised move | -0.2% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.