earnings
confidence high
sentiment positive
materiality 0.75
Lancaster Colony Q4 net sales record $385.6M (+20.2%); EPS $1.15 vs $1.10
MARZETTI CO
2021-FY EPS reported
$5.16
revenue$1,467,067,000
- 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.