Highest-materiality recent filing
Marzetti Q3 EPS $1.35, down from $1.49; revenue slips 1%; acquires Bachan's
Diluted EPS $1.35 vs $1.49 prior year; net income $37.1M, down from $41.2M.
Marzetti completes $400M acquisition of Bachan's Japanese BBQ sauce brand
Acquisition of Bachan's, Inc. for $400M financed with cash on hand and $200M term loan.
Marzetti ups revolving credit to $200M, adds $200M term loan for Bachan's acquisition
Revolving loan increased from $150M to $200M; new $200M term loan to finance Bachan's acquisition.
Marzetti Company reports Q2 results and agrees to acquire Bachan's for $400 million
Consolidated net sales rose 1.7% to $518.0 million; adjusted net sales up 0.1% to $509.8 million.
Marzetti raises quarterly dividend to $1.00 per share; 63rd consecutive annual increase
Quarterly dividend increased to $1.00 per share from $0.9375; payable Dec 31, 2025 to holders of record Dec 5, 2025.
Marzetti Q1 record sales $493.5M (+5.8%); diluted EPS $1.71 vs $1.62
Q1 net sales record $493.5M (+5.8% YoY); adj. net sales (excl. $10.7M TSA) up 3.5% to $482.8M.
Marzetti Q4 net sales record $475.4M (+5%); EPS $1.18 vs $1.26; FY net sales $1.91B (+2%)
Q4 net sales record $475.4M (+5%); retail +3.1%, foodservice +7.0% (incl $12.2M TSA).
Lancaster Colony Q3 EPS $1.49, sales down 2.9% to $457.8M; record gross profit
Consolidated net sales down 2.9% to $457.8M; Retail -2.6%, Foodservice -3.2%.
Lancaster Colony completes $75M acquisition of sauce/dressing facility from Winland Foods
Acquired production facility at 1000 Naturally Fresh Blvd, Atlanta, GA for $75M cash.
Lancaster Colony Q2 sales up 4.8% to record $509.3M; EPS $1.78 vs $1.87 on $0.39 pension charge
Consolidated net sales rose 4.8% to record $509.3M; Retail +6.3%, Foodservice +3.0%.
Lancaster Colony acquires Atlanta sauce/dressing facility from Winland Foods for $75M cash
Purchase price $75M cash; facility is 300k sq ft with ~250k sq ft manufacturing space in Atlanta, GA.
Consolidated net sales $466.6M (+1.1%), a first quarter record; diluted EPS of $1.62 vs $1.59 last year.
Lancaster Colony Q4 EPS $1.26 vs $0.33 YoY; gross profit up 4.8%
Q4 net sales $452.8M (-0.4% YoY); Retail down 0.8% to $234.2M, Foodservice flat at $218.6M.
Lancaster Colony Q3 record sales $471.4M; EPS $1.03 vs $0.89; exits Flatout/Angelic Bakehouse
Consolidated net sales record $471.4M (+1.4% YoY); Retail $248.1M (+0.3%), Foodservice $223.4M (+2.6%).
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.
Max materiality 0.95 · Median 0.65 · Most common event earnings