Utz Quality Foods Voluntarily Recalls 88 Cases Of Utz 2.75 Oz. Wavy Original Potato Chips Due To An Undeclared Milk Allergen
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Utz Quality Foods has issued a voluntary recall of 88 cases of its 2.75 oz. Wavy Original Potato Chips due to the presence of an undeclared milk allergen. This recall is a precautionary measure to prevent potential allergic reactions in consumers with milk allergies.
January 25, 2024 | 10:13 pm
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Utz Brands, Inc. may face short-term negative impact due to the voluntary recall of 88 cases of potato chips because of undeclared milk allergen, potentially affecting consumer trust and incurring recall-related costs.
The recall of Utz potato chips could lead to a short-term negative impact on Utz Brands, Inc.'s stock (UTZ) due to potential costs associated with the recall and any negative consumer perception. However, since the recall is limited to 88 cases, the financial impact may be minimal, and proactive corporate responsibility actions can mitigate long-term effects.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80