Lancaster Colony: Q1 Earnings Insights

Shares of Lancaster Colony (NASDAQ:LANC) were unchanged after the company reported Q1 results.

Quarterly Results

Earnings per share were down 8.23% over the past year to $1.45, which missed the estimate of $1.60.

Revenue of $349,237,000 rose by 3.61% from the same period last year, which beat the estimate of $342,070,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 04, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/wcc/r/2627985/C41B0EB0B35881B73B21A2538D3A7F49

Recent Stock Performance

Company's 52-week high was at $184.97

52-week low: $114.55

Price action over last quarter: Up 1.29%

Company Overview

Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.