How did Utz Brands' revenue and expenses trend in Q4 2024?
4/14/2025 01:32pm
Utz Brands' revenue and expenses in Q4 2024 showed a positive trend in revenue and a slight increase in net income compared to the previous quarter.
1. **Revenue Trend**: Utz Brands saw a significant boost in revenue, with the total revenue for Q4 2024 amounting to $1.41 billion. This is a substantial increase from the previous quarter, indicating a strong performance in the business segment.
2. **Net Income Trend**: The net income for Utz Brands in Q4 2024 was $2.12 million. While this is a positive figure, it is important to note that this is slightly less than the net income of $2.20 million reported in the previous quarter. This suggests a slight improvement in profitability, but it is crucial to consider the context of the overall revenue growth.
3. **Expense Trend**: The total expenses for Utz Brands in Q4 2024 were $341.05 million. This is a notable increase from the previous quarter, where expenses were $320.95 million. However, the increase in expenses did not hinder the company's revenue growth, indicating effective cost management during the period.
In conclusion, Utz Brands experienced robust revenue growth in Q4 2024, with a slight improvement in net income and a controlled increase in expenses, which together contributed to the company's positive financial performance.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|UTZ|UTZ.N|Utz Brands|20240101-2024|Net Sales|1.409281E9|169|
|UTZ|UTZ.N|Utz Brands|20240101-2024|Net Sales|1.068236E9|169|
|UTZ|UTZ.N|Utz Brands|20240101-2024|Net Sales|7.02713E8|169|
|UTZ|UTZ.N|Utz Brands|20240101-2024|Net Sales|3.46523E8|169|
|UTZ|UTZ.N|Utz Brands|20240101-2024|Net Sales|3.46523E8|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|UTZ|UTZ.N|Utz Brands|2024 Q1|116.55158127330478|2397000|169|
|UTZ|UTZ.N|Utz Brands|2024 Q2|397.52133754238275|2.5447E7|169|
|UTZ|UTZ.N|Utz Brands|2024 Q3|-95.23897625655258|772000|169|
|UTZ|UTZ.N|Utz Brands|2024 Q4|106.38624593520414|2121000|169|
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|UTZ|UTZ.N|Utz Brands|2024 Q1|3.46523E8||169|
|UTZ|UTZ.N|Utz Brands|2024 Q2|3.5619E8||169|
|UTZ|UTZ.N|Utz Brands|2024 Q3|3.65523E8||169|
|UTZ|UTZ.N|Utz Brands|2024 Q4|3.41045E8||169|