---
schema_version: "secwatch.filing_event.v1"
accession: "0000057515-22-000016"
form_type: "8-K"
ticker: "MZTI"
cik: "0000057515"
company_name: "MARZETTI CO"
filed_at: "2022-08-25T23:59:59+00:00"
generated_at: "2026-06-23T21:30:42.705335+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lancaster Colony Q4 sales record $452.4M; EPS $1.06 vs $1.15; FY EPS $3.25 vs $5.16

## Summary
- 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.

## SEC filing metadata
- accession: 0000057515-22-000016
- form_type: 8-K
- ticker: MZTI
- cik: 0000057515
- company_name: MARZETTI CO
- filed_at: 2022-08-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57515/000005751522000016/0000057515-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57515/000005751522000016/lanc-20220825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057515-22-000016
- JSON: https://secwatch.observer/filing/0000057515-22-000016.json
- Plain text: https://secwatch.observer/filing/0000057515-22-000016.txt

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