Lancaster Colony

Lancaster Colony Corp. engages in the manufacture and sale of specialty food products. It operates through the following segments: Retail and Foodservice. The Retail and Foodservice segments both focus on the manufacture and sale of frozen breads, refrigerated dressings, dips and shelf-stable dressings, and croutons under the brand names New York BRAND Bakery, Sister Schubert’s, Marzetti Frozen Pasta, and Flatout. The company was founded in 1961 and is headquartered in Westerville, OH.

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LANC reports record Q3 sales and profit growth, plans expansion

LANC's Q3 2023 performance reflects strong sales and profit growth, driven by pricing actions, volume gains, and higher demand for branded products. The company aims to accelerate core business growth, simplify the supply chain, and conclude the ERP initiative. However, challenges include increased complexity from factory expansion and the need to ensure capacity for potential acquisitions.

Lancaster Colony reports record sales and profits, navigates inflation challenges

Lancaster Colony's Q2 2023 performance reflects robust sales growth, operational efficiency, and strategic pricing actions amidst inflation challenges.
The company's strong financial position, resilient consumer traffic, and effective inventory management are key strengths driving its success.
While facing inflation and upcoming operational changes, Lancaster Colony has opportunities to capitalize on market demand, optimize costs, and drive further growth.
Overall, Lancaster Colony's solid performance, financial stability, and strategic focus position it well for continued success and future expansion.

Lancaster Colony (LANC) reports record Q3 sales and profits, navigates inflation

Lancaster Colony's Q3 performance reflects robust sales growth, improved profits, and effective cost management strategies amidst inflationary challenges. The company's resilience in navigating market dynamics and its focus on growth initiatives bode well for future success.
With a strong outlook for Q4, Lancaster Colony remains proactive in addressing challenges, leveraging opportunities for volume growth, and advancing strategic initiatives such as ERP implementation and potential acquisitions.

Lancaster Colony reports mixed Q4 results, eyes margin improvement

Lancaster Colony's Q4 performance showcased mixed results with sales growth in retail but challenges in foodservice and gross profit decline.
The company's strategic focus on core business acceleration and margin improvement presents opportunities for future growth and operational efficiency.
Despite inflation pressures, Lancaster Colony remains committed to shareholder returns and prudent investments for sustained growth.
Management's outlook for fiscal '24 includes a disciplined approach to cost management and leveraging growth pillars for long-term success.

Lancaster Colony (LANC) posts strong Q1 results amid strategic growth focus

Lancaster Colony (LANC) delivered robust Q1 2024 results, showcasing growth across segments and a strategic focus on core business expansion and operational efficiency.
While facing challenges such as market uncertainties and capital expenditure management, the company's strengths in product innovation and strategic planning position it well for future success.
With a clear roadmap for growth and a commitment to enhancing shareholder value, Lancaster Colony demonstrates resilience and agility in navigating the competitive landscape.

Lancaster Colony achieves record Q2 results amidst strategic growth plans

Lancaster Colony's Q2 FY 2024 performance reflects robust growth across segments, driven by strategic initiatives and favorable pricing.
While facing challenges from market dynamics and product portfolio adjustments, the company remains focused on profitability and expansion.
Opportunities in automation, acquisitions, and margin optimization underscore Lancaster Colony's strategic vision for sustained growth and competitiveness.

Lancaster Colony (LANC) reports record Q3 sales and profits

Lancaster Colony's Q3 performance reflects strong sales growth and profitability, driven by successful licensing programs and demand from key customers. While facing challenges from discontinued product lines, the company remains optimistic about the future, focusing on smart cost management, innovation, and execution to maintain growth.

Lancaster Colony (LANC) reports record sales and profits in Q4 2024

Lancaster Colony (LANC) delivered a solid performance in fiscal year 2024, with record net sales and gross profit, despite challenges such as restructuring charges and deflationary pricing.
The company's financial strength, operational focus, and strategic initiatives underscore its resilience and growth potential in a competitive market landscape.
By addressing challenges, leveraging strengths, and pursuing opportunities, Lancaster Colony is well-positioned to drive continued success through core business growth and strategic investments.

Lancaster Colony reports Q1 growth driven by strategic initiatives

Lancaster Colony's Q1 2025 performance reflects overall growth in net sales and gross profit, driven by strategic initiatives and brand strengths.
While facing challenges in the Retail segment, the company's focus on core business growth and operational efficiency positions it well for future success.
Opportunities lie in strategic licensing, brand expansion, and market diversification, signaling potential for sustained growth and profitability.
Effective management of challenges and capitalizing on opportunities will be key to Lancaster Colony's continued success in the competitive food industry.

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Lancaster Colony's acquisition of a sauce and dressing production facility is a strategic move to fuel ongoing growth and meet its long-term business objectives.

LANC to Acquire Atlanta-Based Sauce and Dressing Production Plant

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today their planned acquisition of a sauce and dressing production facility located in Atlanta, Georgia from Winland Foods, Inc. This asset purchase transaction is expected to close in the first quarter of calendar year 2025, subject to customary closing conditions, with a purchase price of approximately $75 million. The production facility accounts for a total of approximately 300,000 square feet, of whic.

Lancaster Colony to Acquire Sauce and Dressing Production Facility

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, marking 62 consecutive years of increasing regular cash dividends. The company is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. The dividend will be payable December 31, 2024 to shareholders of record on December 5, 2024. As of the record date for today's annual.

Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors

Lancaster Colony Corporation (NASDAQ:LANC ) Q1 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dale Ganobsik - VP, Corporate Finance and IR David Ciesinski - President and CEO Thomas Pigott - CFO Conference Call Participants James Salera - Stephens Andrew Wolf - CL King Brian Holland - D.A. Davidson Alton Stump - Loop Capitals Todd Brooks - The Benchmark Company Robert Dickerson - Jefferies Operator Good morning.

Lancaster Colony Corporation (LANC) Q1 2025 Earnings Call Transcript

Lancaster Colony (LANC) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.70 per share a year ago.

Lancaster Colony (LANC) Q1 Earnings Lag Estimates

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal first quarter ended September 30, 2024. Summary Consolidated net sales increased 1.1% to a first quarter record $466.6 million. Retail segment net sales declined 1.1% to $239.6 million. Note that excluding all sales attributed to the perimeter-of-the-store bakery product lines we exited this past March, Retail segment net sales grew 1.4%. Foodservice segment net sales.

Lancaster Colony Reports First Quarter Sales and Earnings

Lancaster Colony (LANC) could produce exceptional returns because of its solid growth attributes.

3 Reasons Growth Investors Will Love Lancaster Colony (LANC)

Lancaster Colony (LANC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lancaster Colony (LANC) Reports Next Week: What to Know Ahead of the Release

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WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its first quarter fiscal year 2025 financial results prior to the opening of the market on Thursday, October 31, 2024. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, click o.

Lancaster Colony to Webcast First Quarter Fiscal Year 2025 Conference Call

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Lancaster Colony Corporation saw a 12.3% drop in share price after disappointing financial results for the final quarter of 2024. Revenue fell short of analysts' expectations due to planned exits in product lines and deflationary pricing offsetting volume growth. Despite positive overall results for 2024, shares are still considered expensive compared to similar companies, leading to a downgrade to a 'sell' rating.

I Have Soured On Lancaster Colony

Lancaster Colony Corporation (NASDAQ:LANC ) Q4 2024 Results Conference Call August 22, 2024 10:00 AM ET Company Participants Dale Ganobsik - VP, Corporate Finance and IR Dave Ciesinski - President and CEO Tom Pigott - CFO Conference Call Participants Tyler Prause - Stephens Andrew Wolf - CL King Brian Holland - D.A. Davidson Connor Rattigan - Consumer Edge Robert Dickerson - Jefferies Todd Brooks - The Benchmark Company Operator Good morning.

Lancaster Colony Corporation (LANC) Q4 2024 Earnings Call Transcript

Lancaster Colony (NASDAQ: LANC ) just reported results for the fourth quarter of 2024. Lancaster Colony reported earnings per share of $1.35.

LANC Stock Earnings: Lancaster Colony Misses EPS, Misses Revenue for Q4 2024

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal fourth quarter and fiscal year ended June 30, 2024. Fourth Quarter Summary Consolidated fourth quarter net sales declined 0.4% to $452.8 million. Retail segment net sales declined 0.8% in the quarter to $234.2 million, driven by the impact of our tactical decision to exit our perimeter-of-the-store bakery product lines this past March. Foodservice segment net sales wer.

Lancaster Colony Reports Fourth Quarter and Fiscal Year Results

COLUMBUS, Ohio--(BUSINESS WIRE)--T. Marzetti Company, a wholly-owned subsidiary of Lancaster Colony Corporation (NASDAQ: LANC), is introducing its first-ever gluten-free line of New York Bakery frozen bread. This new offering features gluten-free versions of the brand's classic Garlic Texas Toast and Five Cheese Texas Toast. Both products will be available nationwide this Fall. With more than a decade of recipe and production research, the New York Bakery brand is raising the bar in gluten-free.

T. Marzetti Company Launches Game-Changing New York Bakery Gluten Free Texas Toast

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable September 30, 2024 to shareholders of record on September 9, 2024. The quarterly cash dividend amount of 90 cents per share maintains the higher level set nine months ago, which marked the company's 61st consecutive year of increased regular cash dividends. Lancaster Colony is one of only 13 U.S.

Lancaster Colony Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time

Lancaster Colony (LANC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Lancaster Colony (LANC) Beat Estimates Again in Its Next Earnings Report?

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2024 financial results prior to the opening of the market on Thursday, August 22, 2024. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, cli.

Lancaster Colony to Webcast Fourth Quarter and Fiscal Year 2024 Conference Call

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable June 28, 2024 to shareholders of record on June 7, 2024. The quarterly cash dividend amount of 90 cents per share maintains the higher level set six months ago, which marked the company's 61st consecutive year of increased regular cash dividends. Lancaster Colony is one of only 13 U.S. companies w.

Lancaster Colony Continues Higher Cash Dividend

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