Lancaster Colony Corp. (OQ:LANC)
Business Focus: Food Ingredients
| Sector: Consumer Non-Cyclicals | Industry: Food Processing |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 380 Polaris Parkway WESTERVILLE OH 43082 |
| Tel: | N/A |
| Website: | https://www.lancastercolony.com |
| IR: | See website |
| Key People | ||
| Alan F. Harris Chairman of the Board | David A. Ciesinski President, Chief Executive Officer, Director | Thomas K. Pigott Chief Financial Officer, Vice President, Assistant Secretary |
| Kristin J. Bird President, Foodservice Division of T. Marzetti Company | Carl R. Stealey President, Retail Division of T. Marzetti Company | Luis Viso Chief Supply Chain Officer of T. Marzetti Company |
| Business Overview |
| Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels. The Company's segments include Retail and Foodservice. The Retail segment includes products typically marketed in the shelf-stable section of the grocery store, which include licensed sauces and dressings, along with its own branded salad dressings and croutons. Within the frozen food section of the grocery store, it sells yeast rolls and garlic breads. It also has placement of products in grocery produce departments through its refrigerated salad dressings, licensed dressings, vegetable dips and fruit dips. The Foodservice segment primarily sells custom-formulated sauces, salad dressings, frozen breads and yeast rolls. The majority of its Foodservice sales are products sold under private label to national chain restaurant accounts. Its brands include New York BRAND Bakery, Sister Schubert's, Marzetti, Marzetti Simply, Chatham Village, Cardini's and Girard's. |
| Financial Overview |
| For the fiscal year ended 30 June 2024, Lancaster Colony Corp. revenues increased 3% to $1.87B. Net income applicable to common stockholders increased 42% to $158.2M. Revenues reflect Food Service segment increase of 3% to $883.3M, Retail segment increase of 2% to $988.4M. Net income benefited from Retail segment income increase of 49% to $207.7M, Corporate expenses segment loss decrease of 13% to $90.5M. |
| Employees: | 3,400 as of Jun 30, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $4,772M as of Jun 30, 2024 |
| Annual revenue (TTM): | $1,872M as of Jun 30, 2024 |
| EBITDA (TTM): | $270.13M as of Jun 30, 2024 |
| Net annual income (TTM): | $158.20M as of Jun 30, 2024 |
| Free cash flow (TTM): | $86.04M as of Jun 30, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 27,527,090 as of Jun 30, 2024 |
| Index Membership: | S&P 400 Mid Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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