Reflecting On Shelf-Stable Food Stocks' Q2 Earnings: Utz (NYSE:UTZ) [Yahoo! Finance]
Utz Brands Inc Class A (UTZ)
Company Research
Source: Yahoo! Finance
As America industrialized and moved away from an agricultural economy, people faced more demands on their time. Packaged foods emerged as a solution offering convenience to the evolving American family, whether it be canned goods or snacks. Today, Americans seek brands that are high in quality, reliable, and reasonably priced. Furthermore, there's a growing emphasis on health-conscious and sustainable food options. Packaged food stocks are considered resilient investments. People always need to eat, so these companies can enjoy consistent demand as long as they stay on top of changing consumer preferences. The industry spans from multinational corporations to smaller specialized firms and is subject to food safety and labeling regulations. The 21 shelf-stable food stocks we track reported a mixed Q2. As a group, revenues missed analysts' consensus estimates by 0.7% while next quarter's revenue guidance was 0.7% below. After much suspense, the Federal Reserve cut its policy rate b
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UTZ
News
- Utz Brands to Webcast Presentation at the Stephens Annual Investment Conference on November 20 [Yahoo! Finance]Yahoo! Finance
- Utz Brands to Webcast Presentation at the Stephens Annual Investment Conference on November 20Business Wire
- Utz Brands, Inc. (NYSE: UTZ) had its price target lowered by analysts at Mizuho from $24.00 to $21.00. They now have an "outperform" rating on the stock.MarketBeat
- Utz Brands, Inc. (NYSE: UTZ) had its price target raised by analysts at Piper Sandler from $22.00 to $24.00. They now have an "overweight" rating on the stock.MarketBeat
- Is It Too Late To Consider Buying Utz Brands, Inc. (NYSE:UTZ)? [Yahoo! Finance]Yahoo! Finance
UTZ
Earnings
- 10/31/24 - Beat
UTZ
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- UTZ's page on the SEC website