Utz Brands, Inc. , a leading U.S. manufacturer of branded salty snacks and a small-cap growth and value Staples equity, today reported financial results for the Company’s fiscal first quarter.
Kraft Heinz reports Q1 results; reaffirms FY24 outlook seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
First-Quarter Financial Highlights
Net sales of $1,175 million; year-over-year decrease of 16.4%
Net income of $115 million and net income per diluted share of $2.23
Non-GAAP diluted EPS.
First Quarter Highlights Net revenues increased +1.4% driven by Organic Net Revenue1 growth of +4.2% with underlying Volume/Mix of -2.1%Diluted EPS was $1.04, down 31.6%; Adjusted EPS1 was $0.95, up.
Press Kit 25/04/2024 Robust Performance with improving Momentum in Q3 Q3 Organic Net Sales stable and Reported -2% YTD Organic Net Sales -2% and Reported -6% .