MARZETTI CO reported the fiscal third quarter ended March 31, 2026 results: revenue $453.4 million, net income $37.1 million, or $1.35 per diluted share, EPS $1.35 per diluted share.
“The Marzetti Company (Nasdaq: MZTI) reported results today for the company’s fiscal third quarter ended March 31, 2026. Summary • Consolidated net sales declined 1.0% to $453.4 million versus $457.8 million last year.”
Debt Financings
MARZETTI CO incurred term loan of $200 million with JPMorgan Chase Bank, N.A. as Administrative Agent maturing April 29, 2031.
“On April 29, 2026, the Company closed on the funding of the Term Loan in the aggregate principal amount of $200 million”
Material Agreements
MARZETTI CO amended First Amendment to Credit Agreement with The Huntington National Bank, Bank of America, N.A., JPMorgan Chase Bank, N.A., and the other lenders named therein valued at $200 million term loan (effective 2026-03-04).
“The Amendment provides for an increase to the revolving loan from $150 million to $200 million, and for an additional $200 million term loan”
Debt Financings
MARZETTI CO incurred term loan of $200 million term loan with JPMorgan Chase Bank, N.A. maturing five years after the term loan is made.
“The Amendment provides for an increase to the revolving loan from $150 million to $200 million, and for an additional $200 million term loan to finance the Company’s previously reported agreement to acquire the Japanese Barbecue Sauce brand”
Debt Financings
MARZETTI CO amended credit facility of $150 million to $200 million with JPMorgan Chase Bank, N.A..
“The Amendment provides for an increase to the revolving loan from $150 million to $200 million, and for an additional $200 million term loan”
Governance Changes
MARZETTI CO: Amended and restated regulations to reflect the name change (effective 2025-06-27).
“The Company also amended and restated its Amended and Restated Regulations (the “Second Amended and Restated Regulations”) to reflect the Name Change, effective as of June 27, 2025.”
Governance Changes
MARZETTI CO: Amended and restated articles of incorporation to change company name from Lancaster Colony Corporation to The Marzetti Company (effective 2025-06-27).
“On and effective as of June 27, 2025, The Marzetti Company (the “Company”) filed a certificate of amendment amending and restating the Company’s Amended and Restated Articles of Incorporation (the “Second Amended and Restated Articles”), with the Secretary of State of the State of Ohio to change its name from “Lancaster Colony Corporation” to “The Marzetti Company” (the “Name Change”).”
Carl R. Stealey departed as President, Retail Division of T. Marzetti Company at MARZETTI CO.
“On October 17, 2024, Lancaster Colony Corporation (the “Company”) announced that Carl R. Stealey, President, Retail Division of T. Marzetti Company, the specialty foods subsidiary of the Company, will depart from T. Marzetti Company effective no later than June 30, 2025.”
Earnings Releases
MARZETTI CO reported financial results for three and nine months ended March 31, 2024.
“On May 2, 2024, Lancaster Colony Corporation issued a press release announcing its results for the three and nine months ended March 31, 2024.”
Material Agreements
MARZETTI CO terminated Old Credit Agreement with JPMorgan Chase Bank, N.A. as Administrative Agent (effective 2024-03-06).
“On March 6, 2024, upon execution of the New Credit Agreement, the Company entered into an agreement with JPMorgan Chase Bank, N.A. to terminate its existing $150 million credit agreement (the “Old Credit Agreement”) dated March 19, 2020, as amended, between the Company, the Lenders party thereto (as defined in the Old Credit Agreement), and JPMorgan Chase Bank, N.A. as Administrative Agent.”
Material Agreements
MARZETTI CO entered into New Credit Agreement with JPMorgan Chase Bank, N.A. as Administrative Agent valued at $150 million (effective 2024-03-06).
“On March 6, 2024, Lancaster Colony Corporation (the “Company”) entered into a new $150 million credit agreement (the “New Credit Agreement”) with the Lenders named in the New Credit Agreement and JPMorgan Chase Bank, N.A. as Administrative Agent.”
Shareholder Votes
MARZETTI CO shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending June 30, 2024 at the 2023-11-08 meeting.
“The Corporation’s shareholders ratified the selection of Deloitte & Touche LLP as the Corporation’s independent registered public accounting firm for the year ending June 30, 2024 with the following vote totals: Number of Votes For Against Abstentions Broker Non-Votes 25,963,490 377,561 20,392 —”
Shareholder Votes
MARZETTI CO shareholders approved Non-binding vote on frequency of future non-binding votes on executive compensation at the 2023-11-08 meeting.
“The Corporation’s shareholders voted for the frequency of 1 Year for future non-binding votes on the compensation of the Corporation’s named executive officers with the following vote totals: Number of Votes 1 Year 2 Years 3 Years Abstentions 24,344,354 7,037 1,079,877 44,160”
Shareholder Votes
MARZETTI CO shareholders approved Non-binding vote to approve compensation of named executive officers at the 2023-11-08 meeting.
“The Corporation’s shareholders approved the compensation of the Corporation’s named executive officers with the following vote totals: Number of Votes For Against Abstentions Broker Non-Votes 24,726,779 181,582 567,067 886,015”
Shareholder Votes
MARZETTI CO shareholders approved Election of three directors for three-year terms expiring at the 2026 Annual Meeting at the 2023-11-08 meeting.
“The Corporation’s shareholders elected the following individuals to serve for three-year terms expiring at the 2026 Annual Meeting of Shareholders with the following vote totals: Number of Votes Director Name For Withheld Abstentions Broker Non-Votes Robert L. Fox 22,804,565 2,670,863 — 886,015 John B. Gerlach, Jr. 24,156,669 1,318,759 — 886,015 Robert P. Ostryniec 25,315,695 159,733 — 886,015”
George F. Knight III was appointed as Class II Director at MARZETTI CO.
“On September 18, 2023, Lancaster Colony Corporation (the “Corporation”) announced the appointment of George F. Knight III to the Corporation’s Board of Directors (the “Board”) as a Class II director, effective immediately, to serve until the 2024 annual meeting of shareholders and until his successor is duly elected.”
Earnings Releases
MARZETTI CO reported financial results for the quarter and fiscal year ended June 30, 2023.
“On August 23, 2023, Lancaster Colony Corporation issued a press release announcing its results for the three months and fiscal year ended June 30, 2023.”
William H. Carter retired as director at MARZETTI CO.
“On May 24, 2023, William H. Carter notified the Lancaster Colony Corporation (the “Company”) Board of Directors of his intention to retire as a director of the Company, effective May 31, 2023.”
Zena Srivatsa Arnold was appointed as Class II Director at MARZETTI CO.
“On May 9, 2023, Lancaster Colony Corporation (the “Corporation”) announced the appointment of Zena Srivatsa Arnold to the Corporation’s Board of Directors (the “Board”) as a Class II director, effective immediately, to serve until the 2024 annual meeting of shareholders and until her successor is duly elected.”
Earnings Releases
MARZETTI CO reported fiscal third quarter ended March 31, 2023 results: net income $24.6 million.
“Consolidated net sales increased 15.2% to a third quarter record $464.9 million versus $403.5 million last year.”
David S. Nagle resigned as other_named_officer at MARZETTI CO.
“Mr. Nagle’s employment with T. Marzetti Company will end, effective February 28, 2023 (the “Final Date of Employment”).”
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.
“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.”
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.
“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.”
Neeli Bendapudi resigned as director at MARZETTI CO.
“On December 29, 2022, Neeli Bendapudi, Ph.D., notified the Lancaster Colony Corporation (the “Company”) Board of Directors of her intention to resign as a director of the Company, effective January 1, 2023.”
Shareholder Votes
MARZETTI CO shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2022-11-09 meeting.
“The Corporation’s shareholders ratified the selection of Deloitte & Touche LLP as the Corporation’s independent registered public accounting firm for the year ending June 30, 2023 with the following vote totals:”
Shareholder Votes
MARZETTI CO shareholders approved Advisory Vote on Compensation of Named Executive Officers at the 2022-11-09 meeting.
“The Corporation’s shareholders approved the compensation of the Corporation’s named executive officers with the following vote totals:”
Shareholder Votes
MARZETTI CO shareholders approved Election of Directors at the 2022-11-09 meeting.
“The Corporation’s shareholders elected the following individuals to serve for three-year terms expiring at the 2025 Annual Meeting of Shareholders with the following vote totals:”
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.
“(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”
David S. Nagle departed as Chief Supply Chain Officer at MARZETTI CO.
“Effective no later than March 31, 2023, David S. Nagle will resign from his position as Chief Supply Chain Officer of T. Marzetti Company (“Marzetti”), the specialty foods subsidiary of Lancaster Colony Corporation (the “Company”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.