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Utz Brands Shares Lose Their Snap


Utz Brands Shares Lose Their Snap
The charts of the maker of snack foods aren t looking as tasty as they did a few months back.
Stocks quotes in this article:
UTZ
Lissette said Utz continues to expand with top-line growth this quarter of 18%. It continues its acquisition strategy to grow into new markets and consolidate into its core brands such as Utz and On The Border.
When asked about life post-pandemic, Lissette noted that while sales continue to be strong at mass market retailers and grocery stores, dollar stores are also now becoming popular destinations for snack foods and in some rural markets are even replacing convenience stores. He said as our economy reopens Utz expects new items, such as snack mixes, to be very popular. ....

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Ferrara and Utz partner on sweet and salty snack multipacks


Dive Brief:
Ferrara and Utz have partnered on a new line of sweet and salty snack variety packs. Launching in January 2022, the variety packs will include a mix of three to four snacks from both manufacturers, including Ferrara s Keebler, Rainbow Minis and Mother s Circus Animal cookies, and Utz s Mini Cheese Balls, Mini Specials pretzels and White Cheddar Cheese popcorn.
The variety packs will be sold in 12- to 40-count boxes with suggested retail prices ranging from $4.74 to $10.52, and will be sold at Utz s web site and retail stores nationwide.  
The companies are joining forces in response to what they describe as growing demand for variety packs among consumers. Over 60% of consumers prefer sweet and salty combinations yet only 16% of variety packs combine the two flavors, according to consumer research from IRI cited in a press release. ....

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