Education
About Us
Working with TipRanks
Follow Us
Marzetti Company (MZTI)
NASDAQ:MZTI
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.58Last Year’s EPS
1.54Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights solid execution: record gross profit, margin expansion (40–80 bps), EPS growth of 20.8%, strong brand performance and market share gains, healthy cash generation, an increased dividend, opportunistic buybacks, and a strategic $400M acquisition (Bachan's) expected to be accretive. Offsetting items include modest revenue/volume pressures in retail and foodservice versus tough comps, temporary non-core TSA sales that will roll off, modest SG&A increases, restructuring/impairment charges, and integration/capital deployment risks tied to the acquisition. On balance, the company portrayed a constructive growth and margin-improvement story with manageable near-term headwinds and clear strategies to offset costs and leverage scale.Company Guidance
Consolidated Net Sales and Adjusted Net Sales
Consolidated net sales increased 1.7% to $518.0 million for Q2 FY2026. Excluding temporary supply agreement (TSA) non-core sales, adjusted net sales rose 0.1% to $510.0 million.
Record Gross Profit and Margin Expansion
Gross profit grew 3.4% year-over-year to a second-quarter record of $137.3 million, with reported gross margin expanding by 40 basis points. Adjusted gross margin (excluding $8.2M TSA sales) expanded by 80 basis points.
EPS and Profitability
Second quarter diluted earnings per share increased $0.37 or 20.8% to $2.15, driven by improved operating performance and favorable comparatives (prior year included a pension settlement charge).
Strong Brand/Category Performance and Market Share Gains
Key retail brands showed robust consumer performance: New York Bakery frozen garlic bread sales up 8.4% (market share +300 bps to 44.6%); Sister Schubert's + Texas Roadhouse dinner rolls combined +7.1% (market share +40 bps to 60.8%); Chick-fil-A sauces +6.7% (+13 bps share); Marzetti dips +0.3% (+130 bps share to 75.5%). Overall scanner (13-week) sales +2.3%.
Foodservice Revenue Resilience
Foodservice segment adjusted net sales (excluding TSA) grew 1.6%, supported by national accounts and branded foodservice products, despite a modest decline in pounds shipped.
Cash Generation, Dividends and Buybacks
Operating cash flow grew by $30.6 million (24%) year-to-date. The company remains debt-free with over $201 million in cash. Quarterly cash dividend was $1.00 per share (a 5% increase) — marking 63 consecutive years of increases — and the company repurchased $20.1 million of common stock in Q2.
Investments and Capital Allocation
Q2 property additions payments totaled $17.7 million; full-year FY2026 capex guidance set at $75–$85 million to support manufacturing improvements and the acquired Atlanta facility.
Strategic Acquisition — Bachan's
Entered definitive agreement to acquire Bachan's for approximately $400 million in cash. Bachan's is a rapidly growing, premium Japanese American barbecue sauce brand (~$87M sales in 2025; ~48% growth from 2022–2025), described as margin-accretive and expected to be accretive to top-line growth and gross margins beginning in year one with meaningful supply-chain synergies and cross-channel expansion opportunities.
MZTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MZTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 03, 2026 | $173.91 | $160.54 | -7.69% |
Nov 04, 2025 | $157.28 | $172.08 | +9.41% |
Aug 21, 2025 | $176.32 | $175.93 | -0.22% |
Apr 30, 2025 | $189.66 | $160.04 | -15.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Marzetti Company (MZTI) report earnings?
Marzetti Company (MZTI) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Marzetti Company (MZTI) earnings time?
Marzetti Company (MZTI) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MZTI EPS forecast?
MZTI EPS forecast for the fiscal quarter 2026 (Q3) is 1.58.