Lancaster Colony Corporation (LANC)
Market Cap | 5.13B |
Revenue (ttm) | 1.88B |
Net Income (ttm) | 158.96M |
Shares Out | 27.57M |
EPS (ttm) | 5.79 |
PE Ratio | 32.35 |
Forward PE | 27.73 |
Dividend | $3.60 (1.92%) |
Ex-Dividend Date | Sep 9, 2024 |
Volume | 16,623 |
Open | 187.86 |
Previous Close | 187.30 |
Day's Range | 185.84 - 188.47 |
52-Week Range | 161.54 - 215.31 |
Beta | 0.36 |
Analysts | Hold |
Price Target | 202.75 (+9.02%) |
Earnings Date | Oct 31, 2024 |
About LANC
Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert’s brand; salad dressings under the Marzetti, Cardini’s, Simply Dressed, and Girard’s brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York... [Read more]
Financial Performance
In 2024, Lancaster Colony's revenue was $1.87 billion, an increase of 2.70% compared to the previous year's $1.82 billion. Earnings were $158.20 million, an increase of 42.49%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for LANC stock is "Hold." The 12-month stock price forecast is $202.75, which is an increase of 9.02% from the latest price.
News
14 Upcoming Dividend Increases, Including A King
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend inc...
Lancaster Colony to Acquire Sauce and Dressing Production Facility
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today their planned acquisition of a sauce and dressing production facility located in Atlanta, Georgia from W...
Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, marking...
Lancaster Colony Corporation (LANC) Q1 2025 Earnings Call Transcript
Lancaster Colony Corporation (NASDAQ:LANC) Q1 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dale Ganobsik - VP, Corporate Finance and IR David Ciesinski - President ...
Lancaster Colony Reports First Quarter Sales and Earnings
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal first quarter ended September 30, 2024. Summary Consolidated net sales i...
Lancaster Colony to Webcast First Quarter Fiscal Year 2025 Conference Call
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its first quarter fiscal year 2025 financial results prior to the opening of the ma...
Undervalued Dividend Kings: October 2024
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I Have Soured On Lancaster Colony
Lancaster Colony Corporation saw a 12.3% drop in share price after disappointing financial results for the final quarter of 2024. Revenue fell short of analysts' expectations due to planned exits in p...
Lancaster Colony Corporation (LANC) Q4 2024 Earnings Call Transcript
Lancaster Colony Corporation (NASDAQ:LANC) Q4 2024 Results Conference Call August 22, 2024 10:00 AM ET Company Participants Dale Ganobsik - VP, Corporate Finance and IR Dave Ciesinski - President and...
Lancaster Colony Reports Fourth Quarter and Fiscal Year Results
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal fourth quarter and fiscal year ended June 30, 2024. Fourth Quarter Summa...
T. Marzetti Company Launches Game-Changing New York Bakery Gluten Free Texas Toast
COLUMBUS, Ohio--(BUSINESS WIRE)--T. Marzetti Company, a wholly-owned subsidiary of Lancaster Colony Corporation (NASDAQ: LANC), is introducing its first-ever gluten-free line of New York Bakery frozen...
Lancaster Colony Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable...
Lancaster Colony to Webcast Fourth Quarter and Fiscal Year 2024 Conference Call
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2024 financial results prior to the opening of t...
Lancaster Colony Continues Higher Cash Dividend
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable...
Lancaster Colony Corporation (LANC) Q3 2024 Earnings Call Transcript
Lancaster Colony Corporation (NASDAQ:LANC) Q3 2024 Earnings Call Transcript May 2, 2024 10:30 AM ET Company Participants Dale Ganobsik - Vice President, Corporate Finance & Investor Relations Dave Ci...
Lancaster Colony Reports Third Quarter Sales and Earnings
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal third quarter ended March 31, 2024. Summary Consolidated net sales incre...
Lancaster Colony to Webcast Third Quarter Fiscal Year 2024 Conference Call
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its third quarter fiscal year 2024 financial results prior to the opening of the ma...
Subway® Canada and T. Marzetti Company Launch New Retail Sauces Inspired by Fan-Favourite Flavours
TORONTO--(BUSINESS WIRE)--Subway Canada is partnering with T. Marzetti Company to launch four new sauces at grocery retailers nationwide this month. The sauces will add an extra kick to Canadians' fav...
Lancaster: Keeping An Eye On The Promised Productive Improvement
Lancaster Colony Corporation is a specialty food products manufacturer and marketer with a strong presence in major restaurant chains. The company is focused on increasing its influence in the retail ...
Lancaster Colony Corporation (LANC) Q2 2024 Earnings Call Transcript
Lancaster Colony Corporation (LANC) Q2 2024 Earnings Call Transcript
Lancaster Colony Reports Second Quarter Sales and Earnings
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal second quarter ended December 31, 2023. Summary Consolidated net sales i...
Lancaster Colony to Webcast Second Quarter Fiscal Year 2024 Conference Call
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2024 financial results prior to the opening of the m...
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January's 54 Dividend Kings: Buy 8, Watch 5
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