Lancaster Colony Q3 2023 Earnings Report

Lancaster Colony EPS Results

• Actual EPS: $0.89
• Consensus EPS: $1.00
• Beat/Miss: Missed by -$0.11
• One Year Ago EPS: $0.46

Lancaster Colony Revenue Results

• Actual Revenue: $464.94 million
• Expected Revenue: $443.08 million
• Beat/Miss: Beat by +$21.86 million
• YoY Revenue Growth: +15.20%

Lancaster Colony Announcement Details

• Quarter: Q3 2023
• Date: 5/4/2023
• Time: Before Market Opens

Lancaster Colony (NASDAQ:LANC) engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.