---
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"
generated_at: "2026-06-20T02:54:50.055436+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lancaster Colony Q2 EPS $1.45, sales up 11.4% to record $477.4M on pricing gains

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- 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/57515/000005751523000004/0000057515-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57515/000005751523000004/lanc-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057515-23-000004
- JSON: https://secwatch.observer/filing/0000057515-23-000004.json
- Plain text: https://secwatch.observer/filing/0000057515-23-000004.txt

## Key facts
- Earnings Releases
  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.
  - Period: the fiscal second quarter ended December 31, 2022
  - Revenue: $477.4 million
  - Net income: $40.0 million, or $1.45 per diluted share
  - EPS: $1.45 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000004/0000057515-23-000004-index.htm
- Earnings Releases
  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.
  - Period: the six months ended December 31, 2022
  - Revenue: $902.9 million
  - Net income: $77.6 million, or $2.81 per diluted share
  - EPS: $2.81 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000004/0000057515-23-000004-index.htm

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