NASDAQ$MZTI

Marzetti Company/The · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Lancaster Colony's Q1 2025 sales and earnings increased, driven by growth in both Retail and Foodservice segments.

Lancaster Colony reported a record first quarter with net sales reaching $466.6 million and gross profit at $110.8 million. The Retail segment saw growth excluding exited bakery product lines, while the Foodservice segment benefited from increased demand from national chain restaurant customers.

  • Consolidated net sales increased 1.1% to a first quarter record of $466.6 million.
  • Consolidated gross profit increased 1.9% to a first quarter record of $110.8 million.
  • Retail segment net sales declined 1.1% to $239.6 million, but grew 1.4% excluding exited bakery product lines.
  • Foodservice segment net sales increased 3.5% to $227.0 million.

Headline financials

Total Revenue

$467M

Previous: $462M+1.1%
EPS

$1.62

Previous: $1.59+1.9%
Capital Expenditures

-$17.6M

Previous: -$18.3M+3.8%
Free Cash Flow

$27.1M

Previous: $25.6M+5.6%
Net Income

$44.7M

Previous: $44M+1.7%
Operating Income

$55.9M

Previous: $56.8M-1.6%
Gross Profit

$111M

Previous: $109M+1.9%
Stock-Based Comp

$2.37M

Previous: $2.57M-7.8%

Revenue & EPS history

Lancaster Colony · Revenue · Quarterly

$467M

Q1 2025+1.1%vs Q1 2024
Beat estimate in 5 of 13 quarters(38%)
ActualEstimate

Revenue by segment

Lancaster Colony · $462M total across 2 segments · Q1 2024

  • Retail
    $242M
  • Foodservice
    $219M

Forward guidance

Lancaster Colony anticipates continued growth in the Retail segment from its licensing program and new product introductions, and volume gains in the Foodservice segment from select national chain restaurant accounts.

Tailwinds

  • Retail segment sales will benefit from the growing licensing program.
  • New product introductions like Subway sauces and Texas Roadhouse dinner rolls will drive Retail sales.
  • The newly launched New York BRAND® Bakery gluten-free garlic bread will contribute to Retail sales.
  • Foodservice segment will see continued volume gains from select customers.
  • Ongoing cost savings initiatives will continue to benefit financial performance.

Headwinds

  • Industry-wide trends of slowing traffic may impact the Foodservice segment.
  • Increased trade spending in the Retail segment may affect profitability.
  • Inflationary pressures could result in higher input costs.
  • Fluctuations in the cost and availability of ingredients and packaging may pose challenges.
  • Dependence on contract manufacturers, distributors, and freight transporters carries risks.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.6%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-0.5%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+18.0%

Q4 2022

Best reaction

-15.6%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-6.7%-8.6%-14.0%
Q2 2026-7.7%-11.0%-5.2%
Q1 2026+9.2%+9.0%+4.0%
Q3 2025-15.6%-16.3%-13.2%
Q2 2025+8.7%+13.3%+15.3%
Q1 2025-2.4%+3.4%+0.5%
Q4 2024-12.2%-15.2%-8.0%
Q3 2024+0.0%+1.2%-3.1%
Q2 2024+10.2%+5.2%+12.2%
Q1 2024-0.1%-0.9%-2.3%
Q4 2023-11.5%-9.6%-8.5%
Q3 2023+2.8%+1.7%-4.3%
Q2 2023-3.7%-4.5%-1.7%
Q1 2023+13.9%+18.3%+15.3%
Q4 2022+18.0%+15.4%+8.7%
Q3 2022-11.2%-7.9%-19.9%
Q2 2022-3.6%-1.6%+2.0%
Q1 2022-5.5%-4.4%-11.5%
Q4 2021-1.5%-3.0%-7.8%
Q3 2021-1.1%+0.4%+1.5%
Q2 2021+0.8%+3.6%+0.8%
Q1 2021-4.8%-4.9%-2.9%
Q4 2020+3.2%+4.7%+6.4%
Q3 2020+5.1%+8.4%+15.3%
Q2 2020-2.0%-0.5%-4.3%
Q1 2020+11.4%+11.9%+13.4%
Q4 2019-7.1%-5.3%-8.0%
Q3 2019-4.8%-3.2%-4.9%
Q2 2019+0.3%+0.1%+0.4%
Q1 2019+2.1%+8.3%+13.8%
Q4 2018+6.1%+6.2%+4.8%
Q3 2018-1.1%-1.7%-1.4%
Q2 2018-0.9%-2.4%-7.0%
Q1 2018+9.9%+5.2%+6.1%
Q4 2017-6.4%-5.3%-5.2%
Q3 2017-2.7%-4.7%-3.0%
Q2 2017-13.0%-11.8%-9.9%
Q1 2017-4.0%-4.6%+3.8%
Q4 2016+5.5%+6.1%+3.5%
Q3 2016+6.3%
Q2 2016-12.7%
Q1 2016+9.0%
Q4 2015+2.1%
Q3 2015-3.4%
Q2 2015-4.1%
Q1 2015+1.2%
Q4 2014-5.2%
Q3 2014-8.0%
Q2 2014+2.4%
Q1 2014-4.9%
Q4 2013-3.8%
Q3 2013+0.1%
Q2 2013-1.1%
Q1 2013-0.6%
Q4 2012+5.2%
Q3 2012+0.0%
Q2 2012+0.2%
Q1 2012+2.6%
Q4 2009-2.0%
Q4 2011-2.0%
Q3 2011+1.3%
Q2 2011+0.2%
Q4 2010-0.2%
Q1 2011-0.2%
Q3 2010+2.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro