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年第三季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
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重申了其全年有机增长前景为2%至2.5%,预计第四季度将走强。
毛利率有所提高,该公司表现出强劲的生产率提高,他们预计这种增长将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,尤其是通过地域扩张。
该公司在建立分销渠道方面进展良好,尤其是在大型全国性零售商的分销渠道方面,以及在替代和核心渠道方面。
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看到了改善基础品牌和实力品牌的分销和业绩的机会,尤其是在核心和扩张地区。
Risks:
风险:
A heightened competitive environment, especially in the potato chips segment, presents a risk. The company notes increased promotional activity by competitors.
竞争环境的加剧,尤其是在薯片领域,存在风险。该公司注意到竞争对手的促销活动有所增加。
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