LANCASTER COLONY overview

Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, payable March 31, 2025 to shareholders of record on March 7, 2025. The quarterly cash dividend amount of 95 cents per share maintains the higher level set three months ago, which marked the company’s 62 nd consecutive year of increased regular cash dividends. Lancaster Colony is one of only 12 U.S. companies with 62 straight years of...

Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal second quarter ended December 31, 2024. Summary Consolidated net sales increased 4.8% to a second quarter record $509.3 million versus $485.9 million last year. Retail net sales grew 6.3% to $280.8 million while Foodservice net sales advanced 3.0% to $228.5 million. Consolidated gross profit increased $11.3 million, or 9.3%, to a second quarter record $132.8 million. SG&A expenses increased $1.4 million...

Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2025 financial results prior to the opening of the market on Tuesday, February 4, 2025. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company’s website, www.lancastercolony.com , click on the webcast link on the home...

Lancaster Colony Corporation (Nasdaq: LANC) announced today their planned acquisition of a sauce and dressing production facility located in Atlanta, Georgia from Winland Foods, Inc. This asset purchase transaction is expected to close in the first quarter of calendar year 2025, subject to customary closing conditions, with a purchase price of approximately $75 million. The production facility accounts for a total of approximately 300,000 square feet, of which approximately 250,000 square feet...

Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal fourth quarter and fiscal year ended June 30, 2023. Summary Consolidated fourth quarter net sales increased 0.5% to a fourth quarter record $454.7 million. Retail segment net sales grew 1.3% in the quarter to $236.2 million while Foodservice segment net sales declined 0.4% to $218.5 million. Last year’s fourth quarter included an estimated $25 million in incremental net sales, or 6% of the quarter’s...

Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 85 cents per common share, payable September 29, 2023 to shareholders of record on September 8, 2023. The quarterly cash dividend amount of 85 cents per share maintains the higher level set nine months ago, which marked the company’s 60 th consecutive year of increased regular cash dividends. Lancaster Colony is one of only 13 U.S. companies with 60 straight years...

Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2023 financial results prior to the opening of the market on Wednesday, August 23, 2023. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company’s website, www.lancastercolony.com , click on the webcast link on the...

Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal third quarter ended March 31, 2023. Summary Consolidated net sales increased 15.2% to a third quarter record $464.9 million versus $403.5 million last year. Retail net sales advanced 16.0% to $247.2 million while Foodservice net sales grew 14.4% to $217.7 million. Consolidated gross profit increased $25.9 million, or 37.9%, to $94.2 million. Third quarter gross margin improved to 20.3%, an increase of...