NYSE:UTZFood
The Bull Case For Utz Brands (UTZ) Could Change Following Automation-Driven Supply Chain and California Expansion Plans
At the Stephens Annual Investment Conference held prior to today, Utz Brands presented its growth strategy, announcing plans for California expansion, a 16% margin target by 2026, and a focus on modernizing its supply chain through automation and AI tools.
Utz's emphasis on outpacing the Salty Snacks category for nine consecutive quarters and its disciplined capital allocation approach, including debt reduction and potential share buybacks, stand out as key priorities for long-term growth...