Q2 FY2026 EarningsQ2 FY26 results were slightly below consensus on the top-line but showed resilience in adjusted profitability amidst a pending take-private transaction. Revenue reached $371.8M (vs. $374.2M expected), missing by 0.6%, primarily due to a 12.1% decline in Non-Branded segments. However, Adjusted EPS of $0.19 and Adjusted Gross Margin of 33.2% beat expectations of $0.197 (implied) and 31.86%, respectively. The company has entered a definitive agreement to be acquired by Intersnack Group at $14.25 per share, leading to the suspension of future guidance and earnings calls.
Overview: Utz Brands(UTZ) the Revenue is 371.8 M (+1.39%), Miss estimate;the EBIT is 43.4 M (+12.14%), Miss estimate;the EPS is -0.11 (-191.7%), Miss estimate.