Lancaster Colony Corporation (LANC) |
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Price: $198.2000
$-1.95
-0.974%
|
Day's High:
| $200.4
| Week Perf:
| -2.94 %
|
Day's Low: |
$ 196.61 |
30 Day Perf: |
4.38 % |
Volume (M): |
331 |
52 Wk High: |
$ 220.65 |
Volume (M$): |
$ 65,545 |
52 Wk Avg: |
$185.14 |
Open: |
$198.76 |
52 Wk Low: |
$158.88 |
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Market Capitalization (Millions $) |
5,439 |
Shares
Outstanding (Millions) |
27 |
Employees |
2,700 |
Revenues (TTM) (Millions $) |
1,865 |
Net Income (TTM) (Millions $) |
129 |
Cash Flow (TTM) (Millions $) |
38 |
Capital Exp. (TTM) (Millions $) |
71 |
Lancaster Colony Corporation
Lancaster Colony Corporation, an Ohio corporation, is a manufacturer and marketer
of specialty food products for the retail and foodservice channels. We began
our operations in 1961 as a Delaware corporation. In 1992, we reincorporated
as an Ohio corporation. Our principal executive offices are located at 37 West
Broad Street, Columbus, Ohio 43215 and our telephone number is 614-224-7141.
In recent years, our strategy has shifted away from operating businesses in
a variety of industries towards emphasizing the growth and success we have achieved
in our Specialty Foods business. Consistent with this strategy, on January 30,
2014, we sold effectively all of the net operating assets of our candle manufacturing
and marketing operations. This sale marked the divestiture of our last remaining
non-food business. The financial results of these operations for 2014, previously
included in our Glassware and Candles segment, are reported as discontinued
operations.
Salad dressings and sauces
Marzetti, Marzetti Simply Dressed, Cardini’s, Girard’s, Katherine’s
Kitchen
Vegetable dips and fruit dips
Marzetti
Frozen garlic breads
New York BRAND Bakery, Mamma Bella, Mamma Bella’s
Frozen Parkerhouse style yeast rolls and dinner rolls
Sister Schubert’s, Mary B’s
Premium dry egg noodles
Inn Maid, Amish Kitchen
Frozen specialty noodles
Reames, Aunt Vi’s
Croutons and salad toppings
New York BRAND Bakery, New York BRAND Bakery Texas Toast, Chatham Village, Cardini’s,
Marzetti Simply Dressed, Marzetti
Flatbread wraps and pizza crusts
Flatout
Caviar
Romanoff
We also manufacture and sell other products pursuant to brand license agreements,
including Olive Garden® dressing, Jack Daniel’s® mustards and
Hungry Girl® flatbreads. A portion of our sales are products sold under
private label to retailers, distributors and restaurants primarily in the United
States. Additionally, a small portion of our sales are dressing packets, frozen
specialty noodles, pasta and flatbreads sold to industrial customers for use
as ingredients or components in their products.
Sales are made to retail and foodservice channels. The vast majority of the
products we sell in the retail and foodservice channels are sold primarily through
sales personnel, food brokers and distributors. We have strong placement of
products in U.S. grocery produce departments through our refrigerated salad
dressings, vegetable and fruit dips, and croutons. Our flatbread products are
generally placed in the deli section of the grocery store. We also have products
typically marketed in grocery aisles involving shelf-stable salad dressing,
slaw dressing, dry egg noodles and croutons. Within the frozen aisles of grocery
retailers, we also have prominent market positions of frozen yeast rolls, garlic
breads and egg noodles. Products we sell in the foodservice channel are often
custom-formulated and include salad dressings, sandwich and dipping sauces,
frozen breads and yeast rolls.
Company Address: 380 Polaris Parkway Westerville 43082 OH
Company Phone Number: 224-7141 Stock Exchange / Ticker: NASDAQ LANC
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Customers Net Income fell by |
LANC's Customers Net Profit Margin fell to |
-71.12 % |
1.62 %
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Stock Performances by Major Competitors |
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Lancaster Colony Corporation
Lancaster Colony Corporation, a company in the Food Processing sector, has shown impressive financial performance for the fiscal period closing December 31, 2023. The company reported a net profit per share of $1.87, which represents a significant increase of 28.97% compared to $1.45 per share in the previous year. Additionally, the net profit per share surged by 17.61% from $1.59 per share in the previous quarter. While the revenue growth was relatively modest, with a 1.691% increase to $485.47 million from $477.39 million in the same quarter a year ago, it still indicates positive momentum for Lancaster Colony Corporation. This is particularly notable when considering that many of its peers in the Food Processing industry have experienced a reduction in their top-line performance during the same period. Furthermore, the company saw a sequential revenue surge of 5.371% from $460.72 million.
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Lancaster Colony Corporation
Lancaster Colony Corporation, a leading player in the Food Processing industry, has showcased strong financial performance in the first quarter of the 2024 earnings season. With revenue and income showing significant growth, the company has outperformed its peers. Despite a recent decline in stock value, Lancaster Colony Corporation remains poised for further success in the market. Financial Highlights: 1. Impressive Revenue Growth: Lancaster Colony Corporation saw a substantial increase in revenue, rising by 8.268% to $460.72 million in the first quarter of 2024, in comparison to $425.54 million during the same period the previous year.
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Lancaster Colony Corporation
Lancaster Colony Corporation, a prominent player in the Food Processing industry, recently released its financial results for the period ending June 30, 2023. Unfortunately, the company experienced a significant decline in both revenue and income compared to the previous year. Despite a modest 0.285% increase in revenue, Lancaster Colony Corporation saw income contract dramatically by -68.52%. This article will delve into the company's financial performance and provide relevant insights from this report. Revenue and Earnings: Lancaster Colony Corporation reported revenue of $453.70 million for the specified financial period, along with earnings per share (EPS) of $0.33. While these figures indicate a positive trend, it is important to consider the performance of similar companies in the Food Processing industry. In contrast to Lancaster Colony's slight revenue growth, peers enjoyed a top-line elevation of 1.68% compared to the corresponding period a year ago. The disparity between Lancaster Colony and its peers suggests that the company underperformed in terms of revenue.
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Lancaster Colony Corporation
Lancaster Colony Corporation, a food processing company, reported its third-quarter financial results for 2023, and the news was mixed. The company's Return on Equity (ROE) stood at 15.17%, which is below Lancaster Colony's average ROE of 18.26%. However, the company was able to improve its ROE compared to the previous quarter. In comparison to other companies in the food processing industry, Lancaster Colony ranked lower in terms of ROE, with only five other companies having a higher return on equity. Overall, the company's ROE ranking has improved in the third quarter, advancing to 488 from the second quarter's total ROE ranking of 1111. While earnings per share (EPS) turned positive in the third quarter of 2023, with profits of $0.89 per share compared to a loss of $-0.17 a year ago, income decreased by -38.62% from the preceding reporting period.
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Per Share |
Current |
Earnings (TTM) |
4.68 $ |
Revenues (TTM) |
67.96 $
|
Cash Flow (TTM) |
1.4 $ |
Cash |
3.22 $
|
Book Value |
31.42 $
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Dividend (TTM) |
3.46 $ |
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Per Share |
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Earnings (TTM) |
4.68 $
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Revenues (TTM) |
67.96 $ |
Cash Flow (TTM) |
1.4 $ |
Cash |
3.22 $
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Book Value |
31.42 $ |
Dividend (TTM) |
3.46 $ |
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