Lancaster Colony Q4 EPS beats, revenue misses

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Lancaster Colony reported fourth quarter non-GAAP earnings per share of $1.46, beating estimates by $0.06, while revenue of $465 million missed expectations by $11.03 million. Consolidated net sales declined 2.2% year-over-year to $465.0 million, but excluding $12.2 million in non-core sales from a temporary supply agreement with Winland Foods that ended in the prior-year quarter, net sales increased 0.4%.

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The Marzetti Company
MZTI
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EPS beat but revenue missed; net sales declined 2.2% YoY, though excluding non-core sales increased 0.4%

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