Welcome to our dedicated page for Lancaster Colony news (Ticker: LANC), a resource for investors and traders seeking the latest updates and insights on Lancaster Colony stock.
Lancaster Colony Corporation (LANC) delivers specialty food solutions to retail and foodservice markets through continuous innovation and rigorous quality standards. This page provides investors and industry professionals with timely updates on corporate developments, financial performance, and market strategies.
Access official press releases, earnings announcements, and operational updates in one centralized location. Track the company’s progress in product development, supply chain initiatives, and responses to evolving consumer trends within the competitive food manufacturing sector.
Key content areas include quarterly financial results, new market expansions, product line innovations, and strategic partnerships. All materials are sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for ongoing access to Lancaster Colony’s latest developments, or check back regularly to stay informed about this industry leader’s role in shaping the specialty foods landscape.
Lancaster Colony Corporation (NASDAQ: LANC) will release its third quarter fiscal year 2023 financial results on May 4, 2023, before market opening. A conference call will follow at 10:00 am ET to discuss these results. The call will be available via live webcast on the company's website.
The company specializes in manufacturing and marketing specialty food products for retail and foodservice channels. This upcoming earnings report is essential for investors tracking the company’s performance and future guidance.
Lancaster Colony Corporation (NASDAQ: LANC) announced a quarterly cash dividend of
Lancaster Colony Corporation (LANC) reported record fiscal second quarter results for the period ending December 31, 2022, with net sales rising by 11.4% to $477.4 million. Retail sales increased 5.6% to $258.8 million, while Foodservice sales surged 19.2% to $218.6 million. Consolidated gross profit grew by 5.7% to $102.1 million, driving operating income up 13.3% to $51.3 million. Net income reached $40 million, or $1.45 per diluted share, exceeding $1.25 from the prior year. Strategic pricing measures helped offset inflationary costs, and production expansion in Kentucky was highlighted as a growth driver.
Lancaster Colony Corporation (LANC) will announce its second quarter fiscal year 2023 financial results on February 2, 2023, prior to market opening. A conference call to discuss these results will take place at 10:00 am ET on the same day, which will be available via live webcast on the company's website. Lancaster Colony specializes in manufacturing and marketing specialty food products for both retail and foodservice sectors.
Lancaster Colony Corporation (Nasdaq: LANC) has declared a quarterly cash dividend of 85 cents per share, continuing its legacy with 60 consecutive years of increasing dividends. The dividend will be payable on December 30, 2022, to shareholders of record as of December 5, 2022. The indicated annual payout for the fiscal year ending June 30, 2023 stands at $3.35 per share, up from $3.15 in fiscal 2022. Additionally, shareholders at the annual meeting reelected four directors, affirming strong governance and stability.
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