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The Marzetti Company 8-K Filings

MZTI NASDAQ

Every 8-K that The Marzetti Company (MZTI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow MZTI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MZTI filings page.

Rhea-AI Summary

The Marzetti Company (MZTI) reported fiscal fourth-quarter and full-year 2026 results showing modest sales growth but stronger profitability and cash generation. For Q4, net sales were $465.0 million, down 2.2%; excluding $12.2 million of prior-year temporary supply agreement sales, Adjusted Consolidated Net Sales rose 0.4%. Retail sales increased 0.9% to $243.6 million, including $15.4 million from the newly acquired Bachan’s brand, while Foodservice sales fell 5.3% to $221.4 million (down 0.1% excluding TSA sales).

Q4 gross profit reached a record $114.0 million with gross margin of 24.5%, up 220 basis points, driven by cost savings. Operating income rose to $57.7 million, helped by an $18.5 million gain on the sale of the closed Milpitas, California facility, partially offset by higher SG&A, including $10.5 million of acquisition-related costs and $1.6 million of incremental amortization from Bachan’s. Net income was $48.3 million, or $1.76 per diluted share, versus $1.18, and Adjusted Diluted EPS increased 9.0% to $1.46.

For fiscal 2026, net sales increased 1.1% to $1.93 billion. Net income was $191.6 million, or $6.98 per diluted share, up from $6.07; Adjusted Diluted EPS rose to $6.83 from $6.72. Operating cash flow hit a record $283.8 million. The company paid $108.8 million in dividends and repurchased $36.3 million of stock, while funding the Bachan’s acquisition partly with a $200 million term loan. Management expects fiscal 2027 growth contributions from Bachan’s and new product launches, with moderate input-cost inflation offset by pricing and cost savings, and notes ongoing monitoring of a Cyclospora outbreak’s impact on demand.

Rhea-AI Summary

The Marzetti Company (MZTI) announced that its Board of Directors has declared a quarterly cash dividend of $1.00 per common share, payable September 30, 2026 to shareholders of record on September 8, 2026. This maintains the higher dividend level set nine months earlier and continues the company’s track record of 63 consecutive years of regular cash dividend increases, making it one of only 12 U.S. companies with such a streak. CEO David A. Ciesinski noted this will be the 253rd consecutive quarterly cash dividend since September 1963. Common shares outstanding are approximately 27,291,000. The company also set its annual shareholder meeting for 1:00 p.m. ET on Wednesday, November 11, 2026, to be held in a virtual-only format, with a record date of September 14, 2026 for voting eligibility.

Rhea-AI Summary

The Marzetti Company reported fiscal third quarter 2026 net sales of $453.4 million, down 1.0% from $457.8 million a year ago, as Retail sales fell 3.2% to $233.8 million while Foodservice sales rose 1.5% to $219.6 million. Excluding temporary supply agreement sales, Adjusted Consolidated Net Sales declined 0.9% and Adjusted Foodservice Net Sales increased 1.8%.

Gross profit reached a third-quarter record of $107.2 million, up 1.2%, with gross margin improving to 23.6%, helped by cost savings. SG&A expenses increased to $61.4 million, including $3.5 million of acquisition-related costs and higher personnel and IT spending, driving operating income down to $46.6 million.

Net income for the quarter was $37.1 million, or $1.35 per diluted share, versus $1.49 per diluted share last year. For the nine months ended March 31, 2026, net sales rose 2.2% to $1,464.8 million and net income grew to $143.3 million, or $5.21 per diluted share. The company also completed its acquisition of Bachan’s, Inc. on May 1, 2026.

Rhea-AI Summary

The Marzetti Company has completed its acquisition of Bachan’s, Inc., a fast-growing Japanese Barbecue Sauce brand, for a $400 million purchase price. The transaction is intended to strengthen Marzetti’s position in the condiment and sauce category and expand growth opportunities across retail and foodservice channels.

Marzetti funded the deal with cash on hand and a new $200 million term loan, which matures on April 29, 2031 and is repayable in $2.5 million quarterly installments. Bachan’s generated approximately $87 million in net sales for the twelve months ended December 31, 2025, adding a premium, clean-label sauce portfolio to Marzetti’s existing brands and licensed products.

Rhea-AI Summary

The Marzetti Company entered into a First Amendment to its Credit Agreement to expand borrowing capacity and fund a planned acquisition. The amendment increases the revolving loan commitment from $150 million to $200 million and adds a new $200 million term loan to finance the previously reported acquisition of the Japanese Barbecue Sauce brand Bachan’s, Inc.

The total credit availability may be expanded by an additional $200 million, subject to consent of the administrative agent, incremental lenders and other conditions. The term loan will mature five years after it is made, with a springing maturity of March 6, 2029 if certain extension conditions for the revolving facility are not satisfied by December 6, 2028.

Rhea-AI Summary

The Marzetti Company appointed Greg Hughes, President and CEO of Suntory Global Spirits, to its Board of Directors as a Class I director, serving until the 2026 annual meeting. He will receive a $75,000 annual cash retainer and restricted stock units valued at about $135,000.

The Board also declared a quarterly cash dividend of $1.00 per common share, payable March 31, 2026 to shareholders of record on March 6, 2026. This maintains the higher level set three months earlier and supports an indicated annual payout of $3.95 per share, up from $3.75 in fiscal 2025, marking 63 consecutive years of increased regular cash dividends and the 251st straight quarterly dividend, with about 27,423,000 common shares outstanding.

Rhea-AI Summary

The Marzetti Company filed an 8-K describing quarterly news and a major acquisition. The company issued press releases on February 3, 2026 covering its results for the three and six months ended December 31, 2025 and details about a new deal.

Marzetti entered a definitive agreement on February 2, 2026 to acquire Bachan’s, Inc., a rapidly growing Japanese Barbecue Sauce brand known for authentic, clean-label products. The purchase price is $400 million, funded with cash on hand and additional financing. Closing is expected before the fiscal year end of June 30, 2026, subject to regulatory approvals and customary conditions.

Rhea-AI Summary

The Marzetti Company reported results from its November 19, 2025 annual shareholder meeting and a higher quarterly dividend. Shareholders elected four directors to terms expiring at the 2028 annual meeting and supported executive pay in a non-binding vote, with 24,572,731 votes in favor. They also approved The Marzetti Company 2025 Omnibus Incentive Plan, which allows a broad range of stock- and cash-based awards, and ratified Deloitte & Touche LLP as auditor for the year ending June 30, 2026. The board raised the regular quarterly cash dividend to $1.00 per common share, payable December 31, 2025 to shareholders of record on December 5, 2025. A total of 26,282,668 common shares were represented at the virtual-only meeting, constituting a quorum.

Rhea-AI Summary

The Marzetti Company reported that it issued a press release announcing financial results for the three months ended September 30, 2025. The company furnished the release as Exhibit 99.1 to this Form 8-K.

The common stock of The Marzetti Company trades on the NASDAQ Global Select Market under the symbol MZTI.

Rhea-AI Summary

The Marzetti Company filed a current report to note that it released earnings results for the three months and fiscal year ended June 30, 2025. The company states that it issued a press release on August 21, 2025 covering its results of operations and financial condition.

The full financial details are provided in the press release, which is furnished as Exhibit 99.1 to this report, rather than included in the body of the filing itself.

Rhea-AI Summary

The Marzetti Company announced a first-quarter fiscal 2026 dividend and scheduled its annual meeting to be held virtually on November 19, 2025 at 1:00 p.m. Shareholders of record on September 22, 2025 will be entitled to notice and voting at the meeting. The company furnished a press release as Exhibit 99.1 and included its cover page interactive data file. The 8-K does not disclose the dividend amount or a payment date.