---
schema_version: "secwatch.filing_event.v1"
accession: "0000057515-22-000021"
form_type: "8-K"
ticker: "MZTI"
cik: "0000057515"
company_name: "MARZETTI CO"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:13:27.356953+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lancaster Colony Q1 EPS $1.36 beats $1.11; sales up 8.5% to record $425.5M

## Summary
- 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.

## SEC filing metadata
- accession: 0000057515-22-000021
- form_type: 8-K
- ticker: MZTI
- cik: 0000057515
- company_name: MARZETTI CO
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57515/000005751522000021/0000057515-22-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57515/000005751522000021/lanc-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057515-22-000021
- JSON: https://secwatch.observer/filing/0000057515-22-000021.json
- Plain text: https://secwatch.observer/filing/0000057515-22-000021.txt

## Key facts
- Earnings Releases
  MARZETTI CO reported three months ended September 30, 2022 results: revenue $425.5 million, net income $37.6 million, or $1.36 per diluted share, EPS $1.36 per diluted share.
  - Period: three months ended September 30, 2022
  - Revenue: $425.5 million
  - Net income: $37.6 million, or $1.36 per diluted share
  - EPS: $1.36 per diluted share
  - Result: reported results
  source text: (Nasdaq: LANC) today reported results for the company’s fiscal first quarter ended September 30, 2022. Summary • Consolidated net sales increased 8.5% to a first quarter record $425.5 million. Retail segment net sales declined 0.3% to $223.2 million while Foodservice segment net sales advanced 20.3% to $202.3 million. • First quarter net sales were unfavorably
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751522000021/0000057515-22-000021-index.htm

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