{"schema_version":"secwatch.filing_event.v1","accession":"0000057515-23-000004","form_type":"8-K","ticker":"MZTI","cik":"0000057515","company_name":"MARZETTI CO","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.746728+00:00","generated_at":"2026-06-20T02:54:50.055436+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lancaster Colony Q2 EPS $1.45, sales up 11.4% to record $477.4M on pricing gains","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000057515-23-000004","json":"https://secwatch.observer/filing/0000057515-23-000004.json","markdown":"https://secwatch.observer/filing/0000057515-23-000004.md","text":"https://secwatch.observer/filing/0000057515-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/57515/000005751523000004/0000057515-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/57515/000005751523000004/lanc-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T02:54:50.055436+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0604efd3d27c73e89efcdf8156ff06141bea8f85","claim":"MARZETTI CO reported the fiscal second quarter ended December 31, 2022 results: revenue $477.4 million, net income $40.0 million, or $1.45 per diluted share, EPS $1.45 per diluted share.","evidence_excerpt":"LANCASTER COLONY REPORTS SECOND QUARTER SALES AND EARNINGS WESTERVILLE , Ohio, February 2 - Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal second quarter ended December 31, 2022. Summary • Consolidated net sales increased 11.4% to a second quarter record $477.4 million versus $428.4 million last year. Retail net sales grew 5.6% to $258.8 million while Foodservice net sales advanced 19.2% to $218.6 million. • Consolidated gross profit increased $5.5 million, or 5.7%, to $102.1 million. • Consolidated operating income increased $6.0 million, or 13.3%, to $51.3 million. • Net income was $1.45 per diluted share versus $1.25 per diluted share last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/57515/000005751523000004/0000057515-23-000004-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal second quarter ended December 31, 2022"},{"label":"Revenue","value":"$477.4 million"},{"label":"Net income","value":"$40.0 million, or $1.45 per diluted share"},{"label":"EPS","value":"$1.45 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c8548e0b21e3c8e2e672bff3cda757f167ed961a","claim":"MARZETTI CO reported the six months ended December 31, 2022 results: revenue $902.9 million, net income $77.6 million, or $2.81 per diluted share, EPS $2.81 per diluted share.","evidence_excerpt":"For the six months ended December 31, 2022, net sales increased 10.0% to $902.9 million compared to $820.5 million a year ago. Net income for the six-month period totaled $77.6 million, or $2.81 per diluted share, versus the prior-year amount of $65.0 million, or $2.36 per diluted share. In the current-year period, spend for Project Ascent decreased net income by $12.8 million, or $0.47 per diluted share. In the prior-year period, spend for Project Ascent decreased net income by $13.7 million, or $0.50 per diluted share, the change in contingent consideration increased net income by $1.7 million, or $0.06 per diluted share, and restructuring and impairment charges reduced net income by $1.5 million, or $0.05 per diluted share. Net income and earnings per diluted share in the current-year period benefited from a lower overall effective tax rate.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/57515/000005751523000004/0000057515-23-000004-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended December 31, 2022"},{"label":"Revenue","value":"$902.9 million"},{"label":"Net income","value":"$77.6 million, or $2.81 per diluted share"},{"label":"EPS","value":"$2.81 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}