Utz Brands, Inc. (UTZ) CEO Dylan Lissette on Q4 2021 Results - Earnings Call Transcript

Mar. 03, 2022 12:52 PM ETUtz Brands, Inc. (UTZ) StockUTZ
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Q4: 2022-03-03 Earnings Summary

EPS of $0.11 misses by $0.04
 | Revenue of $300.93M (22.18% Y/Y) beats by $4.12M

Utz Brands, Inc. (NYSE:UTZ) Q4 2021 Earnings Conference Call March 3, 2022 8:30 AM ET

Company Participants

Kevin Powers - IR
Ajay Kataria - CFO
Dylan Lissette - CEO
Cary Devore - COO

Conference Call Participants

Andrew Lazar - Barclays
Peter Galbo - Bank of America
Michael Lavery - Piper Sandler
Ben Bienvenu - Stephens
Robert Moskow - Credit Suisse
Stephen Lang - Truist Securities

Operator

Good morning and welcome to the Utz Brands Inc Fourth Quarter 2021 Earnings Conference Call.

Kevin Powers, Head of Investor Relations, you may begin your conference.

Kevin Powers

Good morning and thank you for joining us today. On the call today are Dylan Lissette, CEO; Ajay Kataria, CFO; and Cary Devore, COO. Please note that some of our comments today will contain forward-looking statements based on our current view of our business and actual feature results may differ materially.

Please see our recent SEC fillings which identified the principal risk and uncertainties that could affect feature performance.

Before I turn the call over to Dylan, I just have a few housekeeping guidance to review. Today we will discuss certain adjusted or non-GAAP financial measures, which are described in more detail in this morning's earnings materials. Reconciliations of non-GAAP financial measures and other associated disclosures are contained in our earnings materials and posted on our website.

Finally, the company has also prepared presentation slides and additional supplemental financial information, which are posted on our Investor Relations website.

And now, I'd like to turn the call over Dylan. Dylan?

Dylan Lissette

Thanks, Kevin, and good morning everyone. 2021 marked our first full year as a public company. And I'm incredibly proud of our team. We face a dynamic environment marked by unprecedented industry-wide challenges and disruptions and we worked hard to keep pace with a robust demand for our advantage snacking

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