Lancaster Colony (NASDAQ:LANC) Misses Q2 Sales Targets [Yahoo! Finance]
Lancaster Colony Corporation (LANC)
Last lancaster colony corporation earnings: 10/26 07:20 am
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Source: Yahoo! Finance
It made a GAAP profit of $1.87 per share, improving from its profit of $1.45 per share in the same quarter last year. Is now the time to buy Lancaster Colony? Find out by accessing our full research report, it's free Lancaster Colony (LANC) Q2 FY2024 Highlights: Market Capitalization: $5.06 billion Revenue: $485.9 million vs analyst estimates of $493.3 million (1.5% miss) EPS: $1.87 vs analyst estimates of $1.65 (13.1% beat) Gross Margin (GAAP): 25%, up from 21.4% in the same quarter last year Sales Volumes were down 1.9% year on year CEO David A. Ciesinski commented, “We were very pleased to complete the quarter with record sales and profit. In addition to carryover pricing, Retail segment net sales growth of 2.0% was driven by volume gains for our successful licensing program, continued strong performance for our New York BRAND® Bakery frozen garlic bread and increased demand for our Reames® frozen egg noodles. In the Foodservice segment, sales growth of 1.5% was led
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LANC
News
- Lancaster Colony Co. (NASDAQ: LANC) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $218.00 price target on the stock.MarketBeat
- Lancaster Colony Corporation (NASDAQ:LANC) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Lancaster Colony Reports Third Quarter Sales and EarningsBusiness Wire
- Earnings To Watch: Lancaster Colony (LANC) Reports Q1 Results Tomorrow [Yahoo! Finance]Yahoo! Finance
- Here's Why Lancaster Colony (LANC) Rose in Q1 [Yahoo! Finance]Yahoo! Finance
LANC
Earnings
- 5/2/24 - Miss
LANC
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/1/24 - Form 4
- LANC's page on the SEC website