Utz Brands, Inc. (UTZ) Q3 2024 Management Session Earnings Call Transcript Summary
Utz Brands, Inc. (UTZ) Q3 2024 Management Session Earnings Call Transcript Summary
The following is a summary of the Utz Brands, Inc. (UTZ) Q3 2024 Management Session Earnings Call Transcript:
以下是utz brands公司(utz)2024年第三季度管理層業績會議通話記錄摘要:
Financial Performance:
金融業績:
Utz Brands reported Q3 organic net sales growth of 1.9%.
Adjusted EBITDA margin expanded by 80 basis points to 14.8%.
Adjusted earnings per share increased by 23.5%.
On a cumulative basis, adjusted gross margin expanded by 270 basis points.
utz brands報告第三季度有機淨銷售增長率爲1.9%。
調整後的EBITDA毛利率擴大了80個點子,達到14.8%。
調整後的每股收益增長了23.5%。
累積基礎上,調整後的毛利率擴大了270個點子。
Business Progress:
業務進展:
Focused investment in Power Four Brands: Utz, On The Border, Zapp's, and Boulder Canyon, leading to distribution gains.
Engaged in strategic geographic expansion, particularly in core and expansion geographies.
Increased branded volume growth, supported by marketing investments and strategic price adjustments.
聚焦投資於四大品牌:utz、On The Border、Zapp's和Boulder Canyon,帶來分銷增長。
致力於戰略地理拓展,特別是在覈心和擴張地區。
增加品牌成交量增長,得到營銷投資和戰略性價格調整的支持。
Opportunities:
機會:
Planned increase in marketing spend by 60% based on productivity savings and strong early returns.
Accelerating distribution in non-measured channels like club, hard discount, dollar stores, and e-commerce.
Continued expansion at Kings Mountain facility to support scale production and drive further growth.
計劃根據生產效率節省和早期投資獲得強勁回報,將營銷支出增加60%。
加快在非測量渠道(如俱樂部、硬折扣、百元店和電子商務)的分銷。
繼續擴大 Kings Mountain 設施,以支持規模生產並推動進一步增長。
Risks:
風險:
Increased promotional activities in the salty snacks category, especially in potato chips leading to competitive pricing pressures.
Softness in dips and salsa business impacting distribution and sales.
Dependency on consumer value-seeking behaviors potentially impacting pricing strategies and market share.
在鹽味零食類別中增加促銷活動,尤其是在薯片領域導致競爭性定價壓力。
蘸醬和莎莎業務的疲軟影響了分銷和銷售。
依賴消費者追求物超所值的行爲可能影響定價策略和市場份額。
Tips: 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:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。