Utz Brands FY24 Outlook: Organic Net Sales Growth Of ~3% Or Better, Adjusted EPS Growth Of 16% To 21%
Portfolio Pulse from Benzinga Newsdesk
Utz Brands has projected its FY24 outlook with an expected organic net sales growth of approximately 3% or better, alongside an adjusted EPS growth of 16% to 21%.
February 29, 2024 | 11:37 am
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POSITIVE IMPACT
Utz Brands anticipates a positive FY24 with organic net sales growth of around 3% or more and an adjusted EPS growth of 16% to 21%.
The projected growth in both organic net sales and adjusted EPS indicates a strong financial outlook for Utz Brands in FY24. This positive forecast is likely to instill investor confidence, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100