{"filings":[{"id":2448276,"accession_number":"0000057515-26-000018","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2026-08-25T11:38:35+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marzetti Q4 adj EPS $1.46 (+9% YoY); FY adj EPS $6.83; 63rd straight dividend hike","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $465.0M, down 2.2% reported; up 0.4% ex-TSA; Bachan's added $15.4M.","Q4 adjusted diluted EPS $1.46 vs $1.34; GAAP EPS $1.76 incl $0.66 gain from Milpitas property sale.","FY net sales $1.93B (+1.1%); adjusted EPS $6.83 vs $6.72; operating cash flow record $283.8M.","Dividend increased for 63rd consecutive year; paid $108.8M dividends and repurchased $36.3M stock in FY26.","Management notes Cyclospora outbreak monitoring; expects moderate inflation in FY27 offset by pricing and cost savings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2351356,"accession_number":"0000057515-26-000014","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2026-08-19T18:35:34+00:00","items":["8.01","9.01"],"status":"ready","headline":"Marzetti declares $1.00 quarterly dividend; sets virtual annual meeting for Nov 11, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $1.00/share payable Sept 30, 2026 to holders of record Sept 8, 2026.","Marks 63rd consecutive year of dividend increases; one of 12 U.S. companies with that streak.","CEO David A. Ciesinski notes this will be the 253rd consecutive quarterly dividend since Sept 1963.","Annual meeting virtual-only on Nov 11, 2026; record date Sept 14, 2026; ~27.291M shares outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98245,"accession_number":"0000057515-26-000011","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2026-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marzetti Q3 EPS $1.35, down from $1.49; revenue slips 1%; acquires Bachan's","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS $1.35 vs $1.49 prior year; net income $37.1M, down from $41.2M.","Consolidated net sales $453.4M, down 1.0%; adjusted net sales down 0.9% to $451.8M.","Retail sales fell 3.2% to $233.8M; Foodservice sales rose 1.5% to $219.6M (adj. +1.8%).","Record gross profit $107.2M (+1.2%); gross margin expanded 50bps to 23.6%.","Acquired Bachan's, Inc. (Japanese BBQ sauce) on May 1; $3.5M acquisition costs in SG&A."],"consensus_eps_estimate":null,"consensus_eps_actual":5.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":1464793000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98244,"accession_number":"0001193125-26-201554","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["2.03","8.01","9.01"],"status":"ready","headline":"Marzetti completes $400M acquisition of Bachan's Japanese BBQ sauce brand","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Bachan's, Inc. for $400M financed with cash on hand and $200M term loan.","Bachan's TTM net sales approx. $87M; purchase price ~4.6x sales.","Term loan $200M, 5-year maturity (April 29, 2031), quarterly principal payments of $2.5M.","CEO Dave Ciesinski cites strategic fit in sauces; expects to broaden distribution via Marzetti network.","Founder Justin Gill stays on; committed to brand heritage and growth with Marzetti."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113600,"accession_number":"0001193125-26-097693","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Marzetti ups revolving credit to $200M, adds $200M term loan for Bachan's acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving loan increased from $150M to $200M; new $200M term loan to finance Bachan's acquisition.","Potential additional $200M credit expansion subject to Administrative Agent consent and conditions.","Term loan matures five years after funding; springing maturity March 6, 2029 if not extended by then."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113599,"accession_number":"0000057515-26-000007","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Marzetti declares $1.00 quarterly dividend, maintaining 63-year increase streak","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend $1.00 per share, payable March 31, 2026 to holders of record March 6, 2026.","Annualized payout for FY2026 (ending June 30, 2026) is $3.95 per share, up from $3.75 in FY2025.","63rd consecutive year of regular cash dividend increases; 251st consecutive quarterly dividend since 1963.","Board appoints Greg Hughes (President & CEO of Suntory Global Spirits) as Class I director."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113598,"accession_number":"0000057515-26-000004","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Marzetti Company reports Q2 results and agrees to acquire Bachan's for $400 million","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Consolidated net sales rose 1.7% to $518.0 million; adjusted net sales up 0.1% to $509.8 million.","Net income was $2.15 per diluted share vs $1.78 last year; record gross profit of $137.3 million.","Entered agreement to acquire Bachan's, Inc. for $400 million; closing expected by June 30, 2026.","Increased quarterly cash dividend to $1.00 per share, the 63rd consecutive annual increase.","Repurchased $20.1 million of common stock during the fiscal second quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130000,"accession_number":"0000057515-25-000034","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-11-20T23:59:59+00:00","items":["5.02","5.07","8.01","9.01"],"status":"ready","headline":"Marzetti raises quarterly dividend to $1.00 per share; 63rd consecutive annual increase","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased to $1.00 per share from $0.9375; payable Dec 31, 2025 to holders of record Dec 5, 2025.","Indicated annual payout for FY2026 rises to $3.95 per share from $3.75 in FY2025.","Company is one of only 12 U.S. firms with 63 straight years of dividend increases.","Shareholders reelected directors Brasier, Ciesinski, Fullen, and Harris for three-year terms.","Approved 2025 Omnibus Incentive Plan and ratified Deloitte & Touche as auditor for FY2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129999,"accession_number":"0000057515-25-000031","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marzetti Q1 record sales $493.5M (+5.8%); diluted EPS $1.71 vs $1.62","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net sales record $493.5M (+5.8% YoY); adj. net sales (excl. $10.7M TSA) up 3.5% to $482.8M.","Retail sales +3.5% to $247.8M; Foodservice reported +8.2% to $245.6M (adj. +3.5% to $234.9M).","Gross profit record $118.8M (+7.2%); adj. gross margin +80 bps to 24.6%.","Diluted EPS $1.71 vs $1.62; operating income record $59.3M; adj. operating income +8.1% to $60.4M.","CEO cites growth from New York Bakery, licensing (Chick-fil-A, Olive Garden, Buffalo Wild Wings), and foodservice national accounts."],"consensus_eps_estimate":null,"consensus_eps_actual":1.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":493472000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146586,"accession_number":"0000057515-25-000019","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Marzetti Q4 net sales record $475.4M (+5%); EPS $1.18 vs $1.26; FY net sales $1.91B (+2%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales record $475.4M (+5%); retail +3.1%, foodservice +7.0% (incl $12.2M TSA).","Q4 diluted EPS $1.18 vs $1.26; includes $0.15/sh restructuring charge for Milpitas plant closure.","Fiscal 2025 net sales $1.91B (+2%); net income $167.3M ($6.07 EPS) vs $158.6M ($5.76 EPS).","Fiscal 2025 includes $0.39/sh pension settlement charge, $0.15/sh restructuring, $0.11/sh acquisition costs.","FY2026 outlook: modest inflation, expect volume growth in retail, QSR support in foodservice."],"consensus_eps_estimate":null,"consensus_eps_actual":6.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":1909122000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146585,"accession_number":"0000057515-25-000015","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-08-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Marzetti declares $0.95 quarterly dividend; maintains 62-year increase streak","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.95 per share, payable September 30, 2025 to record holders September 8, 2025.","Dividend maintains higher level set nine months ago; 62nd consecutive year of regular cash dividend increases.","Annual meeting set for virtual-only format on November 19, 2025; record date September 22, 2025.","Company has paid 249 consecutive quarterly cash dividends since September 1963."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164968,"accession_number":"0000057515-25-000013","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Lancaster Colony changes name to The Marzetti Company, ticker to MZTI on July 1","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Name change effective June 27, 2025; no shareholder vote required under Ohio law.","Common stock begins trading as MZTI on Nasdaq Global Select Market on July 1, 2025.","Old ticker LANC retired; CUSIP 513847103 remains unchanged.","No other changes to articles of incorporation or regulations; shareholder rights unaffected.","Stock certificates with former name remain valid."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164967,"accession_number":"0000057515-25-000009","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q3 EPS $1.49, sales down 2.9% to $457.8M; record gross profit","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated net sales down 2.9% to $457.8M; Retail -2.6%, Foodservice -3.2%.","Gross profit rose to record $106.0M (+1.4%); operating income record $49.9M.","EPS $1.49 diluted vs $1.03 prior year; includes $0.05 drag from Atlanta plant acquisition costs.","Completed acquisition of Atlanta sauce/dressing facility on Feb 18; expects improved efficiency and capacity.","FY ytd net sales up 1% to $1.43B; EPS $4.89 vs $4.50; pension settlement charge of $0.39/share."],"consensus_eps_estimate":1.7283,"consensus_eps_actual":4.89,"consensus_revenue_estimate":null,"consensus_revenue_actual":1433695000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164966,"accession_number":"0001193125-25-074699","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-04-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Lancaster Colony's T. Marzetti names Tanya Berman as Retail President, effective April 21","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tanya Berman appointed President of T. Marzetti Company's retail business unit, effective April 21, 2025.","Berman most recently served as SVP at Mondelez, leading U.S. cookie and cracker brands.","She brings 25 years of experience in food and CPG, including roles at Mars Wrigley, Bayer, and J&J.","In her role, Berman will lead sales, marketing, and innovation for T. Marzetti's retail brands.","CEO Dave Ciesinski expressed confidence in Berman's ability to drive growth of owned and licensed brands."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182679,"accession_number":"0001193125-25-030193","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-02-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Lancaster Colony completes $75M acquisition of sauce/dressing facility from Winland Foods","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired production facility at 1000 Naturally Fresh Blvd, Atlanta, GA for $75M cash.","Co-manufacturing agreement with Winland for up to 12 months; Buyer manufactures products for Seller.","Deal previously announced November 18, 2024; closed February 18, 2025 via subsidiary Marzetti Manufacturing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182678,"accession_number":"0000057515-25-000004","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q2 sales up 4.8% to record $509.3M; EPS $1.78 vs $1.87 on $0.39 pension charge","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated net sales rose 4.8% to record $509.3M; Retail +6.3%, Foodservice +3.0%.","Gross profit +9.3% to record $132.8M; gross margin +110bps to 26.1%.","Operating income +15.1% to record $75.7M.","Net income $49.0M ($1.78 diluted) vs $51.5M ($1.87); includes $0.39/share noncash pension settlement charge.","Atlanta sauce/dressing plant acquisition on track to close in fiscal Q3 ending March 31, 2025."],"consensus_eps_estimate":1.3675,"consensus_eps_actual":3.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":975859000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199272,"accession_number":"0001193125-24-272436","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-12-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lancaster Colony finalizes severance for departing subsidiary VP Stealey","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Carl Stealey's employment ends by March 31, 2025; transition period through that date.","Salary continuation from final date through June 30, 2026; COBRA subsidy until same date.","FY2025 and FY2026 annual bonuses paid at 70% of base salary target.","Partial vesting of RSUs (2/3 of 2022 grant, 1/3 of 2023 grant) on final date.","12-month non-solicitation and non-disparagement covenants apply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199271,"accession_number":"0000057515-24-000034","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-11-18T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Lancaster Colony acquires Atlanta sauce/dressing facility from Winland Foods for $75M cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $75M cash; facility is 300k sq ft with ~250k sq ft manufacturing space in Atlanta, GA.","Transaction expected to close in Q1 2025 subject to customary conditions and a co-manufacturing agreement.","Buyer will offer employment to facility workers; co-manufacturing with Seller for up to 12 months post-close.","CEO cites improved operational efficiency, incremental capacity, and closer proximity to core customers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199270,"accession_number":"0000057515-24-000031","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"Lancaster Colony raises quarterly dividend to $0.95, marking 62nd straight year of increases","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Regular quarterly dividend increased to $0.95 per share from $0.8875 previously.","Payable Dec 31, 2024 to shareholders of record Dec 5, 2024.","Indicated annual payout for FY2025 is $3.75 per share, up from $3.55 in FY2024.","CEO cites continued strong financial position for the increase.","Shareholders reelected three incumbent directors: Zena Srivatsa Arnold, Michael H. Keown, George F. Knight III."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199269,"accession_number":"0000057515-24-000028","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q1: record sales $466.6M, EPS $1.62; operating income down 1.6% but gross profit up 1.9%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated net sales $466.6M (+1.1%), a first quarter record; diluted EPS of $1.62 vs $1.59 last year.","Retail sales declined 1.1% to $239.6M but grew 1.4% excluding exited perimeter-of-store bakery lines.","Foodservice sales increased 3.5% to $227.0M, driven by volume gains from national chain restaurant customers.","Operating income fell 1.6% to $55.9M due to higher SG&A (+$3M) for personnel, IT, and legal expenses.","CEO cites growing licensing program (Subway sauces, Texas Roadhouse rolls) and new gluten-free bread for future Retail gains."],"consensus_eps_estimate":null,"consensus_eps_actual":1.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":466558000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199268,"accession_number":"0000057515-24-000025","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-10-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Lancaster Colony announces departure of Retail Division President Carl Stealey by June 30, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Carl R. Stealey, President of T. Marzetti Retail Division, to depart no later than June 30, 2025.","Company will enter into a severance agreement with Stealey; terms not yet determined.","Severance details to be disclosed in a future SEC filing after execution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215298,"accession_number":"0000057515-24-000019","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-08-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q4 EPS $1.26 vs $0.33 YoY; gross profit up 4.8%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $452.8M (-0.4% YoY); Retail down 0.8% to $234.2M, Foodservice flat at $218.6M.","Q4 diluted EPS $1.26 vs $0.33; restructuring charges cut EPS by $0.08 (vs $0.70 last year).","Gross profit $97.6M (+$4.4M) on cost savings; margin 21.6% (+110 bps).","FY2024 net sales $1.87B (+2.7%); net income $158.6M ($5.76/diluted share).","FY2025 outlook: Retail growth from licensing & new products; no significant commodity cost swings expected."],"consensus_eps_estimate":null,"consensus_eps_actual":5.76,"consensus_revenue_estimate":null,"consensus_revenue_actual":1871759000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215297,"accession_number":"0000057515-24-000014","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lancaster Colony declares $0.90 quarterly dividend, annual meeting set for Nov 6, 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.90 per share, payable Sept 30, 2024 to shareholders of record Sept 9, 2024.","Dividend maintains the higher level set nine months ago; marks 61st consecutive year of increased regular dividends.","Annual shareholder meeting will be held virtually on Nov 6, 2024 at 1:00 p.m. ET; record date Sept 9, 2024.","Approximately 27,527,000 common shares outstanding as of the press release date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234604,"accession_number":"0000057515-24-000010","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q3 record sales $471.4M; EPS $1.03 vs $0.89; exits Flatout/Angelic Bakehouse","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated net sales record $471.4M (+1.4% YoY); Retail $248.1M (+0.3%), Foodservice $223.4M (+2.6%).","Diluted EPS $1.03 vs $0.89; exit costs reduced net income by $0.41/share ($11.3M after-tax).","Gross profit $104.5M (+10.9%); margin expanded 190 bps to 22.2%.","Exiting Flatout and Angelic Bakehouse perimeter-of-store bakery lines; $12.1M restructuring/impairment charges + $2.6M inventory write-down.","Project Ascent ERP spending fell to $1.9M vs $7.6M last year; SG&A down $7.6M."],"consensus_eps_estimate":null,"consensus_eps_actual":4.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":1418934000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252466,"accession_number":"0001193125-24-063742","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-03-08T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Lancaster Colony enters new $150M unsecured revolving credit facility, maturing 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $150M credit agreement dated March 6, 2024, replaces prior $150M facility from March 2020.","Five-year term: all amounts due March 6, 2029; interest variable based on SOFR or Alternate Base Rate.","Financial covenants unchanged: interest coverage >=2.5x, leverage <=3.5x; no outstanding borrowings at signing.","Facility may be expanded to $225M with lender consent; used for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252465,"accession_number":"0000057515-24-000004","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2024-02-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q2 record sales $485.9M, EPS $1.87 vs $1.45","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated net sales up 1.8% to a Q2 record $485.9M; gross profit up 19% to $121.5M.","Diluted EPS $1.87 vs $1.45; operating income up 28.1% to a Q2 record $65.8M.","Retail segment sales +2.0% to $264.0M; Foodservice +1.5% to $221.9M despite deflationary pricing.","Six-month EPS $3.47 vs $2.81; Project Ascent ERP costs reduced EPS by $0.16 vs $0.47 last year.","Gross margin improved 360 bps to 25.0% driven by favorable pricing net of commodity costs."],"consensus_eps_estimate":null,"consensus_eps_actual":3.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":947488000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269978,"accession_number":"0000057515-23-000030","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-11-09T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"Lancaster Colony raises quarterly dividend to $0.90, 61st straight year of increases","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased to $0.90 per share, payable Dec. 29, 2023 to holders of record Dec. 4.","Annualized payout rises to $3.55 per share from $3.35 in fiscal 2023, a ~6% increase.","Shareholders reelected directors Robert L. Fox, John B. Gerlach Jr., and Robert P. Ostryniec.","Non-binding say-on-pay approved with 92.7% of votes cast in favor; 1-year frequency selected.","Ratification of Deloitte & Touche as auditor for fiscal 2024 passed with 98.5% of votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269977,"accession_number":"0000057515-23-000027","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q1 sales record $461.6M (+8.5%); EPS $1.59 vs $1.36","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record Q1 net sales $461.6M, up 8.5% YoY; Retail $242.2M (+8.5%), Foodservice $219.4M (+8.4%).","Diluted EPS $1.59 vs $1.36 prior year; net income $44.0M up from $37.6M.","Gross profit $108.7M (+9.8%); operating income $56.8M (+15.2%).","ERP (Project Ascent) costs declined to $3.8M from $9.2M, benefiting earnings by $0.11/share."],"consensus_eps_estimate":null,"consensus_eps_actual":1.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":461572000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286956,"accession_number":"0001193125-23-238051","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lancaster Colony appoints George F. Knight III to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["George F. Knight III, former Hexion EVP and CFO, appointed as Class II director effective Sept 18, 2023.","He will receive annual retainer of $75,000 plus restricted stock grant valued at ~$100,000.","Knight brings over 25 years of finance and M&A experience from Hexion/Borden, Duracell, and Deloitte.","Board committees not yet assigned; he serves until 2024 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286955,"accession_number":"0000057515-23-000016","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-08-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q4 EPS $0.33 vs $1.06; $25M impairment hit","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales record $454.7M (+0.5% YoY); Retail segment +1.3%, Foodservice -0.4%.","Net income $9.2M ($0.33 diluted EPS) vs $29.0M ($1.06) last year; impairment reduced EPS by $0.70.","Noncash impairment of $25.0M on Flatout flatbread intangible assets.","FY2023 net sales $1.82B (+8.7%); net income $111.3M ($4.04 diluted EPS).","Fiscal 2024 outlook: licensing growth including Texas Roadhouse steak sauces; expects easing inflation."],"consensus_eps_estimate":null,"consensus_eps_actual":4.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":1822527000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286954,"accession_number":"0000057515-23-000012","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-08-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lancaster Colony maintains $0.85 quarterly dividend; 60th consecutive annual increase","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.85 per share, payable September 29, 2023 to holders of record September 8, 2023.","Dividend marks the 60th consecutive year of regular cash dividend increases; one of only 13 U.S. companies with that streak.","Annual shareholder meeting set for November 8, 2023 at 1:00 p.m. ET in a virtual-only format; record date September 11, 2023.","CEO David Ciesinski cites strong financial position; this will be the 241st consecutive quarterly dividend since September 1963.","Common shares outstanding approximately 27,528,000."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306969,"accession_number":"0001193125-23-155485","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director William H. Carter to retire from Lancaster Colony board effective May 31","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["William H. Carter notified his retirement as director effective May 31, 2023.","His retirement is not due to any disagreement with the Company on operations, policies, or practices.","The Company has not announced a replacement for Mr. Carter's board seat."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306968,"accession_number":"0001193125-23-139463","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-05-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lancaster Colony appoints Zena Srivatsa Arnold to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Zena Srivatsa Arnold appointed as Class II director effective May 8, 2023.","She previously served as Senior VP, Carbonated Soft Drinks at PepsiCo.","She will receive $75,000 annual retainer plus $100,000 restricted stock grant.","Ms. Arnold has no material interest in any transaction with the company.","She also serves on EZCORP board; holds B.S. in Computer Science from Ohio State."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306967,"accession_number":"0000057515-23-000009","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q3 net sales record $464.9M, EPS $0.89 vs loss $0.17 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales up 15.2% to $464.9M; retail sales +16.0% to $247.2M, foodservice +14.4% to $217.7M.","Gross profit rose 37.9% to $94.2M; gross margin 20.3%, up 330 bps YoY.","Net income $0.89 per diluted share vs net loss of $0.17 per diluted share last year.","Retail volume grew 6.1%, driven by licensed dressings/sauces and frozen garlic bread.","ERP implementation (Project Ascent) reduced Q3 net income by $0.21 per share."],"consensus_eps_estimate":null,"consensus_eps_actual":3.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":1367866000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326054,"accession_number":"0001193125-23-024126","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-02-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"T. Marzetti (Lancaster Colony subsidiary) exec Dave Nagle departs, severance agreed.","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David S. Nagle resigns from T. Marzetti Company; employment ends Feb 28, 2023.","Severance includes 12 months base salary, prorated FY2023 bonus, accelerated vesting of 2/3 of certain restricted stock and SARs, and 1/3 of performance units.","Monthly medical/dental premium payments for up to 12 months or until new employer offers coverage.","Severance contingent on satisfactory transition services and execution of mutual release.","Nagle agrees to confidentiality and non-disparagement covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326053,"accession_number":"0000057515-23-000004","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-02-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q2 EPS $1.45, sales up 11.4% to record $477.4M on pricing gains","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated net sales rose 11.4% YoY to a second-quarter record $477.4M; Retail +5.6%, Foodservice +19.2%.","Consolidated gross profit increased $5.5M to $102.1M; pricing actions offset higher commodity, labor and freight costs.","Operating income grew 13.3% to $51.3M; net income $40.0M ($1.45 diluted EPS) vs $34.4M ($1.25) last year.","Sales volume declined 3.8% in Retail and 4.6% in Foodservice (pounds) reflecting price elasticity and SKU exits.","CEO expects Q3 benefits from licensing program and QSR demand; cost inflation remains a headwind but pricing offset."],"consensus_eps_estimate":null,"consensus_eps_actual":2.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":902931000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326052,"accession_number":"0001193125-23-002008","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2023-01-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Neeli Bendapudi resigns from Lancaster Colony board, effective Jan 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Neeli Bendapudi, Ph.D., notified the board of her resignation as a director, effective Jan 1, 2023.","Resignation not due to any disagreement with the company's operations, policies, or practices.","No replacement announced; remaining board composition unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343769,"accession_number":"0000057515-22-000024","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2022-11-10T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"Lancaster Colony raises quarterly dividend to $0.85; 60th consecutive year of increases","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased to $0.85 per share, payable Dec. 30, 2022 to shareholders of record Dec. 5, 2022.","Indicated annual payout for FY 2023 is $3.35 per share, up from $3.15 in FY 2022.","Shareholders reelected directors Brasier, Ciesinski, Fullen, and Harris for three-year terms at annual meeting.","All director nominees received >24.8M votes for; non-binding say-on-pay passed with 24.9M for votes.","Auditor Deloitte & Touche ratified with 26.1M votes for; 60 straight years of regular cash dividend increases."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343768,"accession_number":"0000057515-22-000021","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q1 EPS $1.36 beats $1.11; sales up 8.5% to record $425.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales rose 8.5% to $425.5M; Retail down 0.3% to $223.2M, Foodservice up 20.3% to $202.3M.","Gross profit up 7.2% to $99.1M; margin 23.3%, up 150 bps sequentially from Q4.","Net income $37.6M ($1.36 diluted) vs $30.7M ($1.11) YoY; operating income up 21.7% to $49.3M.","ERP project costs reduced EPS by $0.26; $25M sales shift due to advance orders ahead of ERP go-live.","CEO expects Q2 benefit from licensing and QSR volume growth, but cost inflation and startup costs in Kentucky."],"consensus_eps_estimate":null,"consensus_eps_actual":1.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":425537000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360277,"accession_number":"0001193125-22-246051","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2022-09-16T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"David S. Nagle to resign as Chief Supply Chain Officer of Lancaster Colony subsidiary by March 31, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David S. Nagle resigns as Chief Supply Chain Officer of T. Marzetti Company, Lancaster Colony's subsidiary, effective by March 31, 2023.","He will continue serving in his role while transitioning responsibilities.","No successor has been announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360276,"accession_number":"0000057515-22-000016","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2022-08-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q4 sales record $452.4M; EPS $1.06 vs $1.15; FY EPS $3.25 vs $5.16","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales record $452.4M (+17.3% YoY); Retail +8.8%, Foodservice +28.1%, driven by pricing and advance ordering ahead of ERP go-live.","Gross profit record $98.4M (+1.8%); gross margin 21.8% down 330bps YoY, but up 480bps sequentially from Q3.","Operating income $33.7M vs $40.9M last year, including $10.5M restructuring/impairment charges (Angelica Bakehouse tradename impairment $8.8M).","Diluted EPS $1.06 vs $1.15 in Q4; FY EPS $3.25 vs $5.16. Project Ascent costs reduced EPS by $1.09 in FY.","Expects FY2023 headwinds from inflation, higher commodity costs, and Q1 sales impact from advance ordering; new pricing on dressings/sauces implemented."],"consensus_eps_estimate":null,"consensus_eps_actual":3.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":1676390000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360275,"accession_number":"0000057515-22-000012","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2022-08-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lancaster Colony maintains $0.80 quarterly dividend; sets virtual annual meeting for Nov 9","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.80 per share, payable Sept 30, 2022 to holders of record Sept 9, 2022.","Dividend maintains the higher level set nine months ago; marks 59th consecutive year of annual increases.","Annual meeting to be held virtually on Nov 9, 2022 at 1:00 p.m. ET; record date Sept 12, 2022 for voting.","Common shares outstanding approximately 27,520,000 as of press release date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":379284,"accession_number":"0000057515-22-000008","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2022-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q3 record sales $403.5M but net loss $0.17; exits Bantam Bagels with $22.7M charge","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $403.5M (+12.9% YoY) record; Retail +7.4%, Foodservice +19.8%.","Gross profit fell $22.2M to $68.3M; operating loss $7.6M vs income $37.4M last year.","Net loss per diluted share $0.17 vs prior-year income of $1.05; includes $0.63 restructuring charge.","Company exiting Bantam Bagels due to financial underperformance; non-cash charge $22.7M.","CEO cites 30% commodity and freight cost inflation; pricing actions lagging; additional pricing in late April."],"consensus_eps_estimate":null,"consensus_eps_actual":2.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":1223977000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":397481,"accession_number":"0000057515-22-000003","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2022-02-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q2 sales record $428.4M (+14.2% YoY) but EPS drops to $1.25 from $1.62","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $428.4M (+14.2% YoY); retail up 10.1% to $245.1M, foodservice up 20.3% to $183.3M.","Diluted EPS $1.25 vs $1.62; net income $34.4M vs $44.7M last year.","Gross profit fell $10.2M to $96.6M due to unprecedented commodity, freight, and labor inflation.","Restructuring charges $1.9M from closing frozen garlic bread facility in Baldwin Park, CA.","Guidance: Q3 sees continued cost headwinds; pricing and cost savings partially offsetting."],"consensus_eps_estimate":null,"consensus_eps_actual":2.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":820483000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416462,"accession_number":"0000057515-21-000023","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2021-11-12T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"Lancaster Colony raises quarterly dividend to $0.80, 59th straight increase","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased to $0.80 per share from $0.7375 implied ($3.15 annual vs $2.95).","Dividend payable Dec 31, 2021 to holders of record Dec 6, 2021; 27.5M shares outstanding.","Indicated annual payout of $3.15 per share for fiscal 2022, up 6.8% from $2.95 in fiscal 2021.","Shareholders reelected directors Neeli Bendapudi, William H. Carter, and Michael H. Keown.","CEO cited continued strong financial position; company marks 59 consecutive years of dividend increases."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416461,"accession_number":"0000057515-21-000020","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2021-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q1 EPS falls to $1.11 from $1.35; record sales $392.1M, costs pressure margins","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales rose 12.3% to a first-quarter record $392.1M; Retail +15.6%, Foodservice +8.1%.","Consolidated gross profit nearly flat at $92.4M vs $92.7M YoY; operating income down $8.4M to $40.5M.","Diluted EPS $1.11 vs $1.35; prior year included $0.16 net benefit from Bantam Bagels contingent consideration adjustment.","Cost inflation from soybean oil, packaging, freight, labor partially offset by pricing actions taken near quarter-end.","ERP Project Ascent costs reduced EPS by $0.26 vs $0.23 last year."],"consensus_eps_estimate":null,"consensus_eps_actual":1.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":392056000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":434032,"accession_number":"0000057515-21-000016","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2021-08-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lancaster Colony Q4 net sales record $385.6M (+20.2%); EPS $1.15 vs $1.10","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 consolidated net sales +20.2% to record $385.6M; Retail +11.4% to $214.3M, Foodservice +33.3% to $171.3M.","Q4 diluted EPS $1.15 vs $1.10; FY diluted EPS $5.16 vs $4.97; net income $31.7M vs $30.4M.","FY net sales +9.9% to record $1.5B; gross profit +8.0% to $386.7M; operating income +5.6% to $185.9M.","Project Ascent Q4 expenditures $10.3M ($5.5M prior year), reduced EPS by $0.28 vs $0.15.","Fiscal 2022 outlook: higher commodity costs (soybean oil, packaging, labor, freight); pricing initiatives in Retail, contractual inflation offsets in Foodservice."],"consensus_eps_estimate":null,"consensus_eps_actual":5.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":1467067000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":434031,"accession_number":"0000057515-21-000011","cik":57515,"company_name":"MARZETTI CO","ticker":"MZTI","form_type":"8-K","filed_at":"2021-08-18T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Lancaster Colony maintains $0.75 quarterly dividend; sets virtual annual meeting for Nov 10","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.75 per share, payable Sep 30, 2021 to holders of record Sep 10, 2021.","Dividend marks 58th consecutive year of increased regular cash dividends; one of only 13 U.S. companies.","Annual meeting will be held virtually on Nov 10, 2021 at 1:00 PM ET; record date Sep 13, 2021.","CEO cites continued strong financial position; 233rd consecutive quarterly dividend since 1963."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":3151610469.051983,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}