Lancaster Colony's (NASDAQ:LANC) Q3 Earnings Results: Revenue In Line With Expectations [Yahoo! Finance]
Lancaster Colony Corporation (LANC)
Last lancaster colony corporation earnings: 10/26 07:20 am
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Source: Yahoo! Finance
Its GAAP profit of $1.62 per share was 2.7% below analysts' consensus estimates. Is now the time to buy Lancaster Colony? Find out in our full research report Revenue: $466.6 million vs analyst estimates of $468.4 million (in line) EPS: $1.62 vs analyst expectations of $1.67 (2.7% miss) Gross Margin (GAAP): 23.8%, in line with the same quarter last year Operating Margin: 12%, in line with the same quarter last year Sales Volumes were up 1.9% year on year Market Capitalization: $5.1 billion CEO David A. Ciesinski commented, “We were pleased to complete the quarter with record sales of $466.6 million and record gross profit of $110.8 million. In the Retail segment, we saw continued growth from our licensing program driven by the Subway® sauces we launched this past spring and expanding distribution for Texas Roadhouse® dinner rolls following a successful pilot test. Excluding the perimeter-of-the-store bakery product lines that we exited in March, Retail net sales increa
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News
- Lancaster Colony to acquire Winland Foods' sauces and dressings facility [Yahoo! Finance]Yahoo! Finance
- LANC to Acquire Atlanta-Based Sauce and Dressing Production Plant [Yahoo! Finance]Yahoo! Finance
- Lancaster Colony Co. (NASDAQ: LANC) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $196.00 price target on the stock.MarketBeat
- Lancaster Colony Co. (NASDAQ: LANC) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- Lancaster Colony to Acquire Sauce and Dressing Production Facility [Yahoo! Finance]Yahoo! Finance
LANC
Earnings
- 10/31/24 - Miss
LANC
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- 11/7/24 - Form 4
- LANC's page on the SEC website