Loading...
•
Sep 30
Lancaster Colony Q1 2026 Earnings Report
The company posted record first-quarter sales, gross profit, and operating income, driven by growth in both Retail and Foodservice segments.
Key Takeaways
Marzetti Company delivered strong Q1 2026 results with net sales rising to $493.5 million and adjusted operating income up 8.1%, while restructuring costs related to a plant closure impacted GAAP results.
Net sales hit a Q1 record of $493.5 million, up 5.8%.
Adjusted operating income increased 8.1% to $60.4 million.
Retail sales rose 3.5% with strong licensing and product launches.
Foodservice sales increased 8.2%, driven by demand and pricing.
Lancaster Colony
Lancaster Colony
Lancaster Colony Revenue by Segment
Revenue by Segment
Retail Revenue
CapyFin.comFoodservice Revenue
CapyFin.com Forward Guidance
Marzetti expects Retail to continue benefiting from branded and licensed product momentum, with Foodservice supported by national chain accounts.
Positive Outlook
- Retail growth driven by successful licensing and product launches
- Foodservice supported by quick-service restaurant demand
- Improved gross margin from cost savings and scale
- Strong demand for gluten-free and private label offerings
- Higher adjusted operating income despite cost pressures
Challenges Ahead
- Restructuring charges from Milpitas plant closure impacted GAAP results
- SG&A increased due to higher marketing and personnel expenses
- Adjusted EPS excludes restructuring-related costs
- Volume growth in Foodservice segment was modest
- Inflationary pressures remain a risk to input costs
Revenue & Expenses
Visualization of income flow from segment revenue to net income