WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, payable March 31, 2025 to shareholders of record on March 7, 2025. The quarterly cash dividend amount of 95 cents per share maintains the higher level set three months ago, which marked the company's 62nd...
COLUMBUS, Ohio--(BUSINESS WIRE)--T. Marzetti Company, a wholly owned subsidiary of Lancaster Colony Corporation (NASDAQ: LANC), is proud to announce that two of its recently-launched items have been named Product of the Year for 2025. New York Bakery™ Gluten Free Texas Toast was awarded the top gluten-free item. Texas Roadhouse™ Mini Rolls were named top bakery side dish. Product of the Year US...
Despite solid revenue growth and operational improvements, Lancaster Colony Corporation shares remain a “sell” due to high valuation relative to similar firms. The company reported a 4.8% increase in revenue for Q2 2025, but earnings per share fell short of expectations. Adjusted profitability metrics indicate potential for future improvement, but LANC shares are still considered expensive base...
Lancaster Colony Corporation (NASDAQ:LANC ) Q2 2025 Earnings Call February 4, 2025 10:00 AM ET Company Participants Dale Ganobsik - Vice President, Corporate Finance and Investor Relations Dave Ciesinski - President and Chief Executive Officer Tom Pigott - Chief Financial Officer Conference Call Participants Jim Salera - Stephens Alton Stump - Loop Capital Brian Holland - D.A. Davidson Scott Ma...
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal second quarter ended December 31, 2024. Summary Consolidated net sales increased 4.8% to a second quarter record $509.3 million versus $485.9 million last year. Retail net sales grew 6.3% to $280.8 million while Foodservice net sales advanced 3.0% to $228.5 million. Co...
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2025 financial results prior to the opening of the market on Tuesday, February 4, 2025. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via...
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and bea...
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today their planned acquisition of a sauce and dressing production facility located in Atlanta, Georgia from Winland Foods, Inc. This asset purchase transaction is expected to close in the first quarter of calendar year 2025, subject to customary closing conditions, with a purchase price of approximately $...
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