---
schema_version: "secwatch.filing_event.v1"
accession: "0000057515-23-000009"
form_type: "8-K"
ticker: "MZTI"
cik: "0000057515"
company_name: "MARZETTI CO"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:20:24.615251+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lancaster Colony Q3 net sales record $464.9M, EPS $0.89 vs loss $0.17 YoY

## Summary
- Net sales up 15.2% to $464.9M; retail sales +16.0% to $247.2M, foodservice +14.4% to $217.7M.
- Gross profit rose 37.9% to $94.2M; gross margin 20.3%, up 330 bps YoY.
- Net income $0.89 per diluted share vs net loss of $0.17 per diluted share last year.
- Retail volume grew 6.1%, driven by licensed dressings/sauces and frozen garlic bread.
- ERP implementation (Project Ascent) reduced Q3 net income by $0.21 per share.

## SEC filing metadata
- accession: 0000057515-23-000009
- form_type: 8-K
- ticker: MZTI
- cik: 0000057515
- company_name: MARZETTI CO
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57515/000005751523000009/0000057515-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57515/000005751523000009/lanc-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057515-23-000009
- JSON: https://secwatch.observer/filing/0000057515-23-000009.json
- Plain text: https://secwatch.observer/filing/0000057515-23-000009.txt

## Key facts
- Earnings Releases
  MARZETTI CO reported fiscal third quarter ended March 31, 2023 results: net income $24.6 million.
  - Period: fiscal third quarter ended March 31, 2023
  - Net income: $24.6 million
  - Result: reported results
  source text: Consolidated net sales increased 15.2% to a third quarter record $464.9 million versus $403.5 million last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000009/0000057515-23-000009-index.htm
- Earnings Releases
  MARZETTI CO reported fiscal third quarter ended March 31, 2023 results: net income $24.6 million.
  - Period: fiscal third quarter ended March 31, 2023
  - Net income: $24.6 million
  - Result: reported results
  source text: Net income was $0.89 per diluted share versus a net loss of $0.17 per diluted share last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000009/0000057515-23-000009-index.htm
- Earnings Releases
  MARZETTI CO reported fiscal third quarter ended March 31, 2023 results: net income $24.6 million.
  - Period: fiscal third quarter ended March 31, 2023
  - Net income: $24.6 million
  - Result: reported results
  source text: Net income of $24.6 million, or $0.89 per diluted share, compares to a net loss of $4.5 million, or a net loss of $0.17 per diluted share, last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000009/0000057515-23-000009-index.htm

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