---
schema_version: "secwatch.filing_event.v1"
accession: "0000057515-22-000008"
form_type: "8-K"
ticker: "MZTI"
cik: "0000057515"
company_name: "MARZETTI CO"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-26T00:05:24.326474+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lancaster Colony Q3 record sales $403.5M but net loss $0.17; exits Bantam Bagels with $22.7M charge

## Summary
- 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.

## SEC filing metadata
- accession: 0000057515-22-000008
- form_type: 8-K
- ticker: MZTI
- cik: 0000057515
- company_name: MARZETTI CO
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57515/000005751522000008/0000057515-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57515/000005751522000008/lanc-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057515-22-000008
- JSON: https://secwatch.observer/filing/0000057515-22-000008.json
- Plain text: https://secwatch.observer/filing/0000057515-22-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.