Utz Brands, Inc. (UTZ) Q3 2024 Earnings Call Transcript Summary
Utz Brands, Inc. (UTZ) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Utz Brands, Inc. (UTZ) Q3 2024 Earnings Call Transcript:
以下是utz brands, Inc. (UTZ) 2024年第三季度业绩会议电话文字实录总结:
Financial Performance:
金融业绩:
Utz reaffirmed its full year organic growth outlook of 2% to 2.5%, despite a 1.9% growth reported in Q3, anticipating a stronger Q4.
Gross margin improved, and the company exhibited strong productivity gains, which they expect to continue into future quarters.
尽管第三季度报告了1.9%的增长,但utz重申了全年有机增长预期为2%至2.5%,预计第四季度会更强劲。
毛利率得到改善,公司展现出强劲的生产力增长,他们预计这种增长会持续到未来几个季度。
Business Progress:
业务进展:
Utz Brands continues to focus on marketing, innovation, and distribution gains, particularly through expansion geographies.
The company is progressing well in building its distribution, especially with larger national retailers, and in both alternative and core channels.
utz brands继续专注于营销、创新和分销收益,特别是通过扩大地理范围来实现。
公司在建立分销方面取得了良好进展,特别是与更大的国家零售商以及另类和核心渠道有关。
Opportunities:
机会:
Utz Brands sees opportunities in improving distribution and the performance of foundation brands and power brands, especially in core and expansion geographies.
utz brands认为通过改善分销和基础品牌以及主力品牌的表现,特别是在核心和扩张地理区域,存在机会。
Risks:
风险:
A heightened competitive environment, especially in the potato chips segment, presents a risk. The company notes increased promotional activity by competitors.
在薯片市场,竞争环境尤其激烈,存在风险。公司指出竞争对手的促销活动增加。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息,请参阅IR网站。本文只是为投资者提供参考,没有任何指导或推荐建议。