UTZ Brands Set for In-Line Q1 Amid Noisy Quarter, Tough Environment Persists, RBC Says
Idag, 18:09
12:09 PM EDT, 05/04/2026 (MT Newswires) -- UTZ Brands (UTZ) is poised to report Q1 results broadly in line with consensus in what is expected to be a noisy quarter, RBC Capital Markets said in a Monday note.
The company is scheduled to report its Q1 results on Wednesday.
RBC said UTZ's Q1 scanner data is currently tracking 4.1% versus consensus of 2.8%, supported by tailwinds from the Super Bowl and pantry loading ahead of winter storms. However, the brokerage noted that early Q2 data show a material sequential deceleration to -3.4%, driven by weaker volume and some share losses.
UTZ is also expected to show early positive signals from its California expansion during Q1, though RBC expects limited near-term financial impact.
Additionally, competitive dynamics from PepsiCo's Frito-Lay relaunches of Lay's and Tostitos could add volatility, as roughly three-fifths of UTZ's sales mix comes from potato and tortilla chips, according to the note.
RBC also flagged broader category risk from higher oil prices and inflation, which could pressure gas and convenience channel demand for salty snacks.
RBC has an outperform rating, with a $15 price target.
Price: 7.72, Change: -0.05, Percent Change: -0.71
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UTZ Brands Set for In-Line Q1 Amid Noisy Quarter, Tough Environment Persists, RBC Says
Idag, 18:09
12:09 PM EDT, 05/04/2026 (MT Newswires) -- UTZ Brands (UTZ) is poised to report Q1 results broadly in line with consensus in what is expected to be a noisy quarter, RBC Capital Markets said in a Monday note.
The company is scheduled to report its Q1 results on Wednesday.
RBC said UTZ's Q1 scanner data is currently tracking 4.1% versus consensus of 2.8%, supported by tailwinds from the Super Bowl and pantry loading ahead of winter storms. However, the brokerage noted that early Q2 data show a material sequential deceleration to -3.4%, driven by weaker volume and some share losses.
UTZ is also expected to show early positive signals from its California expansion during Q1, though RBC expects limited near-term financial impact.
Additionally, competitive dynamics from PepsiCo's Frito-Lay relaunches of Lay's and Tostitos could add volatility, as roughly three-fifths of UTZ's sales mix comes from potato and tortilla chips, according to the note.
RBC also flagged broader category risk from higher oil prices and inflation, which could pressure gas and convenience channel demand for salty snacks.
RBC has an outperform rating, with a $15 price target.
Price: 7.72, Change: -0.05, Percent Change: -0.71
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