UTZ (Utz Brands) Retained Earnings : $-305 Mil (As of Dec. 2024)

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What is Utz Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Utz Brands's retained earnings for the quarter that ended in Dec. 2024 was $-305 Mil.

Utz Brands's quarterly retained earnings declined from Jun. 2024 ($-294 Mil) to Sep. 2024 ($-302 Mil) and declined from Sep. 2024 ($-302 Mil) to Dec. 2024 ($-305 Mil).

Utz Brands's annual retained earnings declined from Dec. 2022 ($-255 Mil) to Dec. 2023 ($-298 Mil) and declined from Dec. 2023 ($-298 Mil) to Dec. 2024 ($-305 Mil).

Utz Brands Retained Earnings Historical Data

The historical data trend for Utz Brands's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Utz Brands Retained Earnings Chart

Utz Brands Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-241.49

-236.60

-254.56

-298.05

-304.66

Utz Brands Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-298.05	-306.84	-293.75	-301.75	-304.66

Utz Brands Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Utz Brands (NYSE:UTZ) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Utz Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Utz Brands Inc (NYSE:UTZ) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

900 High Street, Hanover, PA, USA, 17331

Website

https://www.utzsnacks.com

Utz Brands Inc is a manufacturer of branded salty snacks. It produces a broad offering of salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, and other snacks. Its iconic portfolio of authentic, craft, and better-for-you (BFY) brands, which includes Utz, Zapp's, On The Border, Golden Flake, and Boulder Canyon, among others, enjoys household penetration in the United States, where its products can be found in approximately half of U.S. household. The company operates in eight manufacturing facilities with a broad range of capabilities, and its products are distributed nationally to grocery, mass, club, convenience, drug, e-commerce and other retailers through direct shipments, distributors, and approximately 2,500 DSD routes.

Executives

Cc Collier Holdings, Llc	10 percent owner	C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166
Theresa Robbins Shea	officer: EVP and General Counsel	900 HIGH STREET, HANOVER PA 17331
Howard A Friedman	director, officer: CEO	900 HIGH STREET, HANOVER PA 17331
Cary Devore	officer: EVP & CFO	900 HIGH STREET, HANOVER PA 17331
Pamela J Stewart	director	900 HIGH STREET, HANOVER PA 17331
Bruce John Lindeman	director	1500 PATHFINDER AVENUE, WESTLAKE VILLAGE CA 91362
Christina Choi	director	900 HIGH STREET, HANOVER PA 17331
Dylan Lissette	director, officer: Chief Executive Officer	860 WESTMINSTER AVENUE, HANOVER PA 17331
Mark Schreiber	officer: EVP & Chief Customer Officer	900 HIGH STREET, HANOVER PA 17331
Series R Of Um Partners, Llc	10 percent owner	900 HIGH STREET, HANOVER PA 17331
Series U Of Um Partners, Llc	10 percent owner	900 HIGH STREET, HANOVER PA 17331
Roger K Deromedi	director, 10 percent owner, officer: Chairman	900 HIGH STREET, HANOVER PA 17331
Chinh Chu	10 percent owner	THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jennifer Bentz	officer: EVP, Insights, Innov & Mktg	900 HIGH STREET, HANOVER PA 17331
Chad Whyte	officer: EVP, Supply Chain	900 HIGH STREET, HANOVER PA 17331