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.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American States Water

Cincinnati Financial

Colgate-Palmolive

Dover

Emerson Electric

Genuine Parts

Hormel Foods

Johnson & Johnson

Coca-Cola

Nordson

Northwest Natural Gas

Procter & Gamble

Parker-Hannifin

Dividend Kings are the crème de la crème of dividend growers, and should be top of mind for any investor who puts income stability above all else.

15 Dividend Kings for Decades of Dividend Growth

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed Alan F. Harris as Chairman of the Board of Directors effective January 1, 2024. Mr. Harris will succeed Chairman John B. Gerlach, Jr., who will remain a member of the Company's Board of Directors. Mr. Harris has served as a director on the Lancaster Colony Board since 2008 and was appointed Lead Independent Director in 2018. He is currently a member of the Au.

Lancaster Colony Announces Changes to Board of Directors

ACNB

Associated Banc-Corp

Churchill Downs

CRA International

Dolby Laboratories

Hartford Financial Services Group

Hubbell

Landmark Bancorp

Lockheed Martin

McDonald's

NIKE

Nelnet

Principal Financial Group

Power Integrations

Schwab US Dividend Equity ETF

Stepan

Tennant

Three dividend kings are featured this week: Stepan Company, Tennant Company, and Lancaster Colony Corporation. December is the last opportunity for companies to announce yearly dividend increases. Tables and metrics are provided for investors to prioritize current yield and historical dividend growth rates.

19 Upcoming Dividend Increases, Including 3 Kings

Merck

Agilent Technologies

Automatic Data Processing

American Equity Investment Life

Assurant

Atmos Energy

Becton, Dickinson and Co.

Cencora Inc

CubeSmart

Evergy Inc

Huntington Ingalls Industries

Matthews International

McCormick

Motorola Solutions

Royal Gold

Roper Technologies

Snap-on

Spire

York Water

Investors were rewarded with 10%+ dividend increases from Snap-on Tools and ADP in the first half of November. Other companies that rewarded investors in the first two weeks of the month were Emerson, which extended its dividend growth streak to 67 years, and utilities Atmos and Evergy. The second half of the month will bring dividend increases from Nike, Merck, Hormel and Agilent, among others.

Nike, Merck Among 13 Companies To Announce Annual Dividend Increases In Second Half Of November

SharkNinja Inc

The recent surge in analyst coverage for stocks such as Lancaster (LANC) and SharkNinja (SN) indicates the potential for significant price appreciation in the near term.

2 Stock to Watch as New Analysts Initiate Coverage

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its first quarter fiscal year 2024 financial results prior to the opening of the market on Thursday, November 2, 2023. 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 2024 Conference Call

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed George F. Knight III to the Company's Board of Directors. Mr. Knight spent 25 years with chemical company Hexion, Inc. and its predecessor company Borden, Inc., most recently serving as Hexion's Executive Vice President and Chief Financial Officer. During his tenure at Hexion and Borden, he held roles of increasing responsibility including Vice President of M.

Lancaster Colony Appoints George Knight to Board of Directors

Lancaster Colony Corporation has raised its annual dividend payout for 59 consecutive years. The stock is currently in a downtrend, but lower prices may benefit long-term income investors if proceeds are invested aggressively. Lancaster's dividend yield is higher than its 5-year average, and its dividend growth rates surpass the sector average.

Lancaster Colony: Projected Earnings Trends Point To Lower Prices For Fiscal 2024

AbbVie

Archer-Daniels-Midland Company

Black Hills

Federal Realty Investment Trust

Gorman-Rupp

Leggett & Platt

Altria

National Fuel Gas

SJW Group

Sysco

Target

Universal Corp

"There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive-years."--Dogs of the Dow. The 50 Dividend Kings screened as of August 28, 2023, represented seven of eleven Morningstar Sectors. Broker targeted-top-ten net-gainers ranged 19.16%-33.65%, topped by Northwest Natural and Gorman-Rupp. By yield, Altria tops all. Top-ten Kingly September yields from NFG, ABBV, FRT, BKH, NWN, CDUAF, MMM, LEG, UVV, & MO averaged 5.51%.

Buy Ratings For 5 September Dividend Kings; Watch 4 More

Lancaster Colony's latest results weren't as good as the market had hoped. Management says it's been spending to update some business operations, but this spend should mitigate in the future.

Why Lancaster Colony Stock Dropped Today

Lancaster Colony Corporation (NASDAQ:LANC ) Q4 2023 Earnings Conference Call August 23, 2023 10:00 AM ET Corporate Participants Dale Ganobsik - Investor Relations Dave Ciesinski - President and Chief Executive Officer Tom Pigott - Chief Financial Officer Conference Call Participants Todd Brooks - The Benchmark Company Andrew Wolf - CL King Alton Stump - Loop Capital Connor Rattigan - Consumer Edge Operator Good morning. My name is Tanya, and I will be your conference call facilitator today.

Lancaster Colony Corporation (LANC) Q4 2023 Earnings Call Transcript

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2023 financial results prior to the opening of the market on Wednesday, August 23, 2023. 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, cl.

Lancaster Colony to Webcast Fourth Quarter and Fiscal Year 2023 Conference Call

Lancaster Colony Corporation is a dividend king with 60 consecutive years of dividend hikes, but its stock remains relatively unknown due to its small market cap of $5.5 billion. The company specializes in manufacturing and marketing specialty food products, with a strategic growth plan focused on accelerating base business growth, simplifying the supply chain, and expanding the core business. Despite a low yield of 1.7%, LANC's dividend is backed by a consistent growth track record, a net income payout ratio of 62%, and a history of outperforming the market.

Lancaster Colony: What To Make Of This Dividend King?

BJ`s Wholesale Club Holdings Inc

Campbell Soup

Upexi Inc

22nd Century Group

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Top 5 Defensive Stocks That May Rocket Higher This Quarter

Lancaster Colony Corporation maintains strategic pricing and efficiency to stabilize revenues and margins. Its financial positioning is the solid foundation of its operations. It has high liquidity levels to sustain its capacity and deliver dividends.

Lancaster Colony: Solid Fundamentals, Strongest Defense But Overpriced

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed Zena Srivatsa Arnold to the Company's Board of Directors. Ms. Arnold most recently served as Senior Vice President, Carbonated Soft Drinks, at PepsiCo., Inc. where she oversaw the Carbonated Soft Drink portfolio in North America, including some of PepsiCo's largest brands such as Pepsi and Mountain Dew. Prior to joining PepsiCo, she was the Chief Digital and.

Lancaster Colony Appoints Zena Srivatsa Arnold to Board of Directors

Lancaster Colony Corporation (NASDAQ:LANC ) Q3 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Dale Ganobsik - Investor Relations Dave Ciesinski - President and Chief Executive Officer Tom Pigott - Chief Financial Officer Conference Call Participants Todd Brooks - The Benchmark Company Andrew Wolf - CL King Connor Rattigan - Consumer Edge Operator Good morning. My name is Carmen, and I will be your conference call facilitator today.

Lancaster Colony Corporation (LANC) Q3 2023 Earnings Call Transcript

Lancaster Colony (LANC) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.46 per share a year ago.

Lancaster Colony (LANC) Misses Q3 Earnings Estimates

WESTERVILLE, Ohio--(BUSINESS WIRE)--T. Marzetti Company, a wholly-owned subsidiary of Lancaster Colony Corporation (NASDAQ: LANC), is pleased to announce the appointment of Luis Viso to Chief Supply Chain Officer, effective today. In this role, Mr. Viso will be responsible for developing and leading T. Marzetti's fully integrated supply chain organization, positioning the company for growth while maintaining rigorous safety and quality measures. Mr. Viso has nearly 40 years of experience in sup.

T. Marzetti Company Names Luis Viso Chief Supply Chain Officer

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its third quarter fiscal year 2023 financial results prior to the opening of the market on Thursday, May 4, 2023. 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.

Lancaster Colony to Webcast Third Quarter Fiscal Year 2023 Conference Call

WESTERVILLE, Ohio , Feb. 22, 2023 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 85 cents per common share, payable March 31, 2023 to shareholders of record on March 9, 2023. The quarterly cash dividend amount of 85 cents per share maintains the higher level set three months ago, which marked the company's 60th consecutive year of increased regular cash dividends.

LANCASTER COLONY CONTINUES HIGHER CASH DIVIDEND

Lancaster Colony Corporation (NASDAQ:LANC ) Q2 2023 Earnings Conference Call February 2, 2023 10:00 AM ET Company Participants Dale Ganobsik - Vice President, Investor Relations & Treasurer David Ciesinski - President & Chief Executive Officer Tom Pigott - Chief Financial Officer Conference Call Participants Andrew Wolf - CL King Brian Holland - Cowen Todd Brooks - The Benchmark Company Connor Rattigan - Consumer Edge Research Operator Good morning. My name is Anita, and I will be your conference call facilitator today.

Lancaster Colony Corporation (LANC) Q2 2023 Earnings Call Transcript

Lancaster Colony (LANC) delivered earnings and revenue surprises of -3.97% and 0.48%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lancaster Colony (LANC) Q2 Earnings Lag Estimates

WESTERVILLE, Ohio , Feb. 2, 2023 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal second quarter ended December 31, 2022. Summary Consolidated net sales increased 11.4% to a second quarter record $477.4 million versus $428.4 million last year.

LANCASTER COLONY REPORTS SECOND QUARTER SALES AND EARNINGS

WESTERVILLE, Ohio , Jan. 24, 2023 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2023 financial results prior to the opening of the market on Thursday, February 2, 2023.  The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results.

LANCASTER COLONY TO WEBCAST SECOND QUARTER FISCAL YEAR 2023 CONFERENCE CALL

News for Lancaster Colony Stock (LANC)