UTZ: revenue $361.3M, net income -$1.7M. Utz Q1 sales up 2.6%, margins improve

Filed May 6, 2026 · Period ending March 29, 2026 · Compared to 10-Q May 1, 2025 · ~1 min read

Key Changes

• high

  Market cap fell below book value in Q1, triggering goodwill impairment test. No charge taken, but management warns goodwill is at risk if shares decline further or operating assumptions deteriorate.

  MD&A: Goodwill Impairment Risk verify on EDGAR →
• high

  Weighted average interest rate jumped to 6.4% year-over-year, pressuring net income on unhedged debt despite reduction in variable rate borrowings.

  MD&A: Interest Rate verify on EDGAR →
• high

  Core Geographies retail volumes declined 4.8%, offset by sales growth from pricing. Volume-to-price mix shift reflects competitive promotional environment.

  MD&A: Core Geographies Performance verify on EDGAR →