Lancaster Colony Q1 sales hit record $466.6 million; EPS rises to $1.62
Lancaster Colony Corporation reported results for the fiscal first quarter ended September 30, 2024, in a press release furnished under Item 2.02 of this 8-K. Net sales and net income both rose, with diluted EPS at $1.62 versus $1.59, though operating income fell 1.6%. The filing names Lancaster Colony Corporation (Nasdaq: LANC), not Marzetti Co (MZTI), so the company identity should be confirmed.
Key points
- Consolidated net sales rose 1.1% to a first quarter record $466.6 million; Foodservice rose 3.5% to $227.0 million while Retail fell 1.1% to $239.6 million.
- Net income was $44.7 million, or $1.62 per diluted share, versus $44.0 million, or $1.59 per diluted share, a year earlier.
- Consolidated operating income declined 1.6% to $55.9 million, as SG&A expenses rose to $55.0 million.
- The filing reports no new guidance figures; management said it expects Retail sales to keep benefiting from licensing and new products.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.