Lancaster Colony: Fiscal Q3 Earnings Snapshot
May 4, 2021
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The Westerville, Ohio-based company said it had net income of $1.05 per share.
The specialty food maker posted revenue of $357.2 million in the period.
Lancaster Colony shares have climbed slightly more than 2% since the beginning of the year. The stock has climbed 39% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LANC at https://www.zacks.com/ap/LANC Top Picks In Shopping
Operator
Good morning. My name is Casey, and I will be your conference call facilitator today. At this time, I would like to welcome everyone to the Lancaster Colony Corporation Fiscal Year 2021 Third Quarter Conference Call. Conducting today s call will be Dave Ciesinski, President and CEO; and Tom Pigott, CFO. [Operator Instructions]
And now to begin the conference call, here is Dale Ganobsik, Vice President of Investor Relations and the Treasurer for Lancaster Colony Corporation. Please go ahead, sir.
Dale N. Ganobsik
Vice President-Investor Relations and Treasurer
Thank you, Casey. Good morning, everyone, and thank you for joining us today for Lancaster Colony s Fiscal Year 2021 Third Quarter Conference Call. Our discussion this morning may include forward-looking statements which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of risks and uncertainties that could cause actual res
Analyst, Consumer Edge Research LLC William Newby .................................................................................. MANAGEMENT DISCUSSION SECTION Operator: Good morning. My name is Casey, and I will be your conference call facilitator today. At this time, I would like to welcome everyone to the Lancaster Colony Corporation Fiscal Year 2021 Third Quarter Conference Call. Conducting today s call will be Dave Ciesinski, President and CEO; and Tom Pigott, CFO. All lines have been placed on mute to prevent any background noise. After the speakers remarks, after the speakers have completed their prepared remarks, there ll be a question-and-answer period. [Operator Instructions] Thank you. And now, we begin the conference call. Here s Dale Ganobsik, Vice President of Investor Relations and the Treasurer for Lancaster Colony Corporation. Please go ahead, sir.
52-week low: $131.96
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.
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