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Utz Brands, Inc. (UTZ) Q3 2024 Earnings Call Transcript Summary

Utz Brands, Inc. (UTZ) Q3 2024 Earnings Call Transcript Summary

Utz Brands, Inc. (UTZ) 2024年第三季度业绩会议通话摘要
moomoo AI ·  14:33  · 电话会议

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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