AI brief of an SEC Form 8-K · The Marzetti (MZTI)
Marzetti Q1 net sales fall 2.4% to $481.5 million; diluted EPS $1.07 vs. $1.71
Marzetti reported fiscal first-quarter results for the three months ended September 30, 2026. Net sales fell 2.4% to $481.5 million, operating income fell $17.8 million to $41.4 million, and diluted earnings per share were $1.07, down from $1.71 a year earlier. The company cited the cyclospora outbreak, higher diesel and freight costs, and Atlanta plant commissioning costs, while the Bachan's acquisition added $17.8 million in sales.
Key points
- Consolidated net sales declined 2.4% to $481.5 million; excluding $10.7 million of prior-year temporary supply agreement sales, they declined 0.3%.
- Gross margin fell 110 basis points to 23.0%, and SG&A expenses rose $10.9 million to $69.3 million.
- Net income was $29.3 million, or $1.07 per diluted share, versus $47.2 million, or $1.71, last year; adjusted diluted EPS was $1.14 versus $1.74.
- Quarterly cash dividend per share rose to $1.00 from $0.95 a year earlier.
The filing
CompanyThe Marzetti (MZTI)
Form8-K, current report
Filed with the SECNov 3, 2026, 8:10 AM ET
Accession number0000057515-26-000029
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.