Lancaster Colony ( (MZTI) ) has released its Q4 earnings. Here is a breakdown of the information Lancaster Colony presented to its investors.
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The Marzetti Company, formerly known as Lancaster Colony Corporation, is a manufacturer and marketer of specialty food products for retail and foodservice channels.
In its latest earnings report, The Marzetti Company announced record net sales and gross profit for the fourth quarter of the fiscal year ending June 30, 2025. The company reported consolidated net sales of $475.4 million, marking a 5% increase from the previous year, and a gross profit of $106.1 million, driven by cost-saving initiatives and favorable volume/mix in the Retail segment.
Key financial highlights include a 3.1% increase in Retail segment net sales to $241.6 million and a 7.0% growth in Foodservice segment net sales to $233.9 million. However, the company’s operating income saw a decline to $38.9 million due to increased SG&A expenses and restructuring charges related to the closure of a facility in California. Net income for the fourth quarter was $32.5 million, or $1.18 per diluted share, down from $34.8 million, or $1.26 per diluted share, in the previous year.
Looking forward, The Marzetti Company anticipates continued growth in the Retail segment, supported by its licensing program and popular brands. In the Foodservice segment, sales are expected to be bolstered by quick-service restaurant customers. The company plans to manage modest inflation through contractual pricing and cost-saving measures, aiming for margin improvement in fiscal 2026.