Lancaster Colony Reports Second Quarter Sales and Earnings [Yahoo! Finance]
Lancaster Colony Corporation (LANC)
Last lancaster colony corporation earnings: 10/26 07:20 am
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lancastercolony.com/investors/events-and-presentations/default.aspx
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Source: Yahoo! Finance
Summary Consolidated net sales increased 1.8% to a second quarter record $485.9 million versus $477.4 million last year. Retail net sales grew 2.0% to $264.0 million while Foodservice net sales advanced 1.5% to $221.9 million. Consolidated gross profit increased $19.4 million, or 19.0%, to a second quarter record $121.5 million. Consolidated operating income increased $14.4 million, or 28.1%, to a second quarter record $65.8 million. Net income was $1.87 per diluted share versus $1.45 per diluted share last 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 by higher demand from se
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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