Why Utz (UTZ) Shares Are Trading Lower Today
Update: 2025-10-30
Description
Utz Brands' stock plummeted by nearly 14% following their earnings report, marking a significant drop for a typically steady stock. The company's sales grew by 3.2%, but profits took a hit due to rising costs and a shrinking operating margin. Investors are concerned about Utz's ability to maintain earnings amidst increasing costs and a potential slowdown in consumer spending. The stock is down over 28% this year and has fallen nearly 40% below its November high, leaving investors questioning Utz's profit growth strategy in a challenging economy.
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