Marzetti Co Chief Supply Chain Officer Luis Viso sold 1,221 shares of Common Stock in an open‑market transaction at $109.31 per share on June 11, 2026. After the sale, he directly owned 1,924 shares, indicating he retained a meaningful personal stake.
Marzetti Co executive Thomas K. Pigott, the company’s VP, CFO and Assistant Secretary, increased his personal stake through an open-market purchase of common stock. On June 10, 2026, he bought 900 shares at an average price of $109.01 per share. Following this transaction, he directly owns 17,779 common shares, reflecting a modest addition to his existing position.
Marzetti Co Chief Supply Chain Officer Luis Viso reported a routine tax-related share disposition. On May 17, 2026, 500 shares of Common Stock were delivered at $114.01 per share to cover tax obligations, leaving him with 3,145 shares held directly.
The Marzetti Company posted mixed third-quarter results while executing a major acquisition. For the quarter ended March 31, 2026, net sales were $453.4 million, down 1.0%, as Retail volume softness offset modest pricing gains and slight Foodservice growth. Gross profit reached a third‑quarter record of $107.2 million and gross margin improved to 23.6% through cost savings and pricing actions.
Quarterly net income declined to $37.1 million and diluted EPS to $1.35, mainly from higher SG&A, including $3.5 million of Bachan’s acquisition costs. Year‑to‑date, net sales rose to $1.46 billion and net income to $143.3 million, with diluted EPS of $5.21. Operating cash flow strengthened to $228.7 million, lifting cash to $218.4 million and supporting dividends and share repurchases.
On May 1, 2026, Marzetti completed the $400 million acquisition of Bachan’s, funded by cash and a new $200 million term loan under an amended credit facility that also expanded revolving credit capacity to $200 million. Management expects Bachan’s, new Retail product launches and ongoing Foodservice demand to support future growth while navigating modest input‑cost inflation.
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.
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.
Marzetti Company/The: Amendment No. 11 to a Schedule 13G/A states that The Vanguard Group reports 0 shares and 0% beneficial ownership of Common Stock following an internal realignment. The filing cites SEC Release No. 34-39538 and says certain Vanguard subsidiaries will report separately after the January 12, 2026 realignment; the amendment is signed on 03/27/2026.
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.
MARZETTI CO director files initial ownership report
MARZETTI CO director Gregory L. Hughes has filed a Form 3, which is the initial statement of beneficial ownership of securities for company insiders. This filing establishes his status as a reporting person but does not list any specific share transactions or holdings in the provided data.