HIGHBuilt-inGeographic
United States
“10-K Item 1: 'Substantially all of our invoiced sales occurred in the United States in fiscal year 2025, and we are focused on growing our business in the United States.'”
UTZ · Concentration risk · 10-K extracted
Utz Brands (UTZ) concentration risks
Updated
The most significant concentration Utz Brands discloses is United States, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Utz Brands’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM1
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyCustomer
40%
top 10 customers
“10-K Item 1: 'In fiscal year 2025, our top 10 customers, all of which are retailers, represented approximately 40% of our invoiced sales, and one customer provided in excess of 10% of our net sales in fiscal year 2025.'”
LOWOutside partyCustomer
largest customer
“10-K Item 1: 'In fiscal year 2025, our top 10 customers, all of which are retailers, represented approximately 40% of our invoiced sales, and one customer provided in excess of 10% of our net sales in fiscal year 2025.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Utz Brands' concentration profile is anchored by geography and retail customer mix. Substantially all of the company's invoiced sales occurred in the United States in fiscal year 2025, a structural characteristic of the business that ties its performance closely to U.S. snack-category demand rather than to international market dynamics. On the customer side, the top 10 customers, all retailers, represented approximately 40% of invoiced sales in fiscal 2025, with one customer alone providing in excess of 10% of net sales — a mid-range disclosed share across the top 10 collectively, while the single largest customer's exposure sits at a lower disclosed level individually. Taken together, these exposures describe a company whose growth strategy is explicitly domestic-focused, with a retail customer base that is somewhat concentrated but not dominated by any one account. The top-10 retailer concentration is the more dependency-driven risk, since shelf-space decisions, pricing negotiations, or promotional support from a handful of large retail partners can meaningfully affect volume, while the U.S.-only sales base is more of a defining structural trait than a risk in itself. Neither exposure is severe on its own, but the combination means Utz's near-term results are closely tied to the health of U.S. retail snack demand and the continued strength of its largest retail partnerships.
For the engine’s reasoning on UTZ’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Packaged Foods
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CENT | Central Garden & Pet Company | 1 | 1 | 2 | 4 |
| CENTA | Central Garden & Pet Company | 1 | 1 | 2 | 4 |
| CPB | The Campbell's Company | 1 | 1 | 1 | 3 |
| UTZ● | Utz Brands Inc | 1 | 1 | 1 | 3 |
| CAG | ConAgra Brands, Inc. | 0 | 1 | 0 | 1 |
| BRBR | BellRing Brands, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.