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Stock impact report

Utz Brands: Capturing Share In The U.S. Salty Snack Category [Seeking Alpha]

Utz Brands Inc Class A (UTZ) 
Company Research Source: Seeking Alpha
supersizer/E+ via Getty ImagesThesis highlightUtz Brands (NYSE:UTZon the go and at home, the demand for easy to prepare and satisfying snacks is on the rise. UTZ is well positioned to take advantage of this trend, with a pure-play salty snacking portfolio and a focus on innovation and marketing.Company overviewA variety of packaged foods are available from Utz Brands. The Company produces a full line of salty snacks such as potato chips, veggie snacks, pub and party mixes, tortilla chips, and other snacks.Attractive and resilient marketWithin the larger$93 billionthe lucrative and expanding$26 billionsalty snacks category. It seems to me that people are more likely to snack these days, and that they are more likely to snack on the go or at home, so they need snacks that are both easy to prepare and satisfying to eat. And there are numbers to back up this theory. As an illustration,91%of consumers snack multiple times daily, and snacks account forhalf of allmealtimes. In addition, the Show less Read more
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