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Stock impact report

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 Check Earnings Report
Company Research 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 Show less Read more
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