Utz Brands Sees 6%-8% Growth in Adjusted EBITDA
Sees annual adjusted EBITDA growth of 6%-8%, with a focus on growing Adjusted EBITDA dollars. Sees annual adjusted EPS growth approximately in-line with adjusted EBITDA growth after 2026, which is impacted by a step-up of depreciation and amortization, higher interest and a higher tax rate. Sees accelerated adjusted free cash flow of $100M plus in 2027 and beyond, which represents approximately 80%-90% conversion of adjusted net income to adjusted free cash flow. Utz Brands will discuss its strategies and long-term growth targets today at the 2026 Consumer Analyst Group of New York Conference. "As the largest pure-play salty snack company in the country, we are focused on driving growth faster than the category," Friedman said. "We believe that prioritizing consistent topline growth, annual Adjusted EBITDA growth with margin expansion, and accelerating free cash flow will create shareholder value over time."