Utz Brands, Inc. 8-K
Research Summary
AI-generated summary
Utz Brands Reports Q4 & Fiscal 2025 Results; $50M Share Repurchase
What Happened
- Utz Brands, Inc. announced its financial results for the fourth quarter and fiscal year ended December 28, 2025 via press release dated February 12, 2026. The release and related materials were furnished as Exhibits 99.1 (press release) and 99.2 (presentation slides) to the 8-K.
- On February 10, 2026, Utz’s Board approved a new share repurchase program authorizing purchases of up to $50 million of Class A common stock. The company expects to fund repurchases from existing cash and future cash generation.
- Utz will hold an earnings conference call and webcast on February 12, 2026; slide materials for the call were furnished under Regulation FD.
Key Details
- Financial results announced for the quarter and fiscal year ended December 28, 2025 (press release filed Feb 12, 2026).
- Share repurchase program authorized: up to $50 million of Class A common stock (Board approval on Feb 10, 2026).
- Repurchases may be made via open-market, negotiated transactions, accelerated share repurchase programs, or other lawful means; program may be modified, suspended, or discontinued.
- Funding source stated: existing cash and future cash generation; timing and amount depend on price, volume, market and regulatory conditions.
Why It Matters
- The earnings announcement gives investors the latest view of Utz’s operating and financial performance for Q4 and all of 2025 (details are in the press release and slides).
- The $50 million buyback program can reduce share count over time, which may support earnings per share and return capital to shareholders; however, repurchases are discretionary and subject to market conditions and funding availability.
- The company provided an investor call and slides to discuss results and outlook, giving shareholders an opportunity to hear management’s commentary and ask questions.