earnings
confidence high
sentiment positive
materiality 0.65
Lancaster Colony Q1: record sales $466.6M, EPS $1.62; operating income down 1.6% but gross profit up 1.9%
MARZETTI CO
2025-Q1 EPS reported
$1.62
revenue$466,558,000
- Consolidated net sales $466.6M (+1.1%), a first quarter record; diluted EPS of $1.62 vs $1.59 last year.
- Retail sales declined 1.1% to $239.6M but grew 1.4% excluding exited perimeter-of-store bakery lines.
- Foodservice sales increased 3.5% to $227.0M, driven by volume gains from national chain restaurant customers.
- Operating income fell 1.6% to $55.9M due to higher SG&A (+$3M) for personnel, IT, and legal expenses.
- CEO cites growing licensing program (Subway sauces, Texas Roadhouse rolls) and new gluten-free bread for future Retail gains.