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.
The Marzetti Company reported higher earnings for the quarter ended December 31, 2025 while outlining a major acquisition. Quarterly net sales rose 1.7% to $517.9 million, and net income increased 20.6% to $59.1 million, or $2.15 per diluted share.
For the first six months, net sales grew 3.6% to $1.01 billion and net income rose 13.4% to $106.3 million, or $3.86 per diluted share. Gross profit improved on cost savings and inflationary pricing, though operating margin dipped slightly due to higher marketing spend and $2.8 million of restructuring and impairment charges tied to closing the Milpitas facility and equipment write-downs.
Foodservice drove growth, aided by a temporary supply agreement from the Atlanta plant acquisition, while Retail saw softer volumes despite strong frozen garlic bread and licensed products. The company ended the period with $201.6 million in cash and no borrowings under its $150 million credit facility, and subsequently agreed to acquire Bachan’s, Inc. for $400 million, to be funded with cash on hand and additional financing.
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.
Marzetti Co director Robert L. Fox reported a gift of 230 shares of common stock on January 5, 2026, at a stated price of $0.0000 per share. After this transfer, the Form 4 shows 245,652 common shares held directly. It also lists indirect holdings of 53,273 shares by his spouse and 8,599 shares held by the Robert Fox Family Exempt Trust. The filing states that the reporting person disclaims beneficial ownership of the reported securities, which means the shares may be attributed to related parties or entities rather than to him personally.
Marzetti Co (MZTI) director reported equity movements on November 20, 2025. The director reported a gift of 1,820 shares of common stock at a price of $0.0000 per share, after which 245,882 shares of common stock were held directly, 53,273 shares were held indirectly by a spouse, and 8,599 shares were held indirectly through the Robert Fox Family Exempt Trust.
The filing also shows an award of 786 restricted stock units, each representing a contingent right to receive one share of Marzetti common stock, with both the exercisable and expiration date listed as November 11, 2026. The reporting person disclaims beneficial ownership of the reported securities, and the form is filed for one reporting person in the capacity of director.
Marzetti Co (MZTI) reported an equity award to a director in the form of restricted stock units. On 11/20/2025, the reporting person acquired 786 restricted stock units, each representing a contingent right to receive one share of Marzetti Co common stock. The units are shown as directly owned and are scheduled to become exercisable on 11/11/2026, with the same date listed as the expiration date. The transaction is reported on a Form 4 as a derivative security with an exercise price of $0.0000, reflecting that no cash payment is required to convert the units into shares.
MARZETTI CO (MZTI) reported an insider equity grant on a Form 4. A company director received 786 restricted stock units on 11/20/2025. Each restricted stock unit represents a contingent right to receive one share of the company’s common stock. The derivative security is shown with an exercise price of $0.0000 and is listed as directly owned. The RSUs become exercisable on 11/11/2026 and expire on the same date. The filing was submitted for a single reporting person, signed by an attorney-in-fact.
Marzetti Co (MZTI) reported a new equity award to one of its directors on a Form 4 filing. On 11/20/2025, the director received 786 restricted stock units, each representing a contingent right to receive one share of Marzetti common stock. The units have an exercise price of $0.0000, meaning no cash payment is required to receive the underlying shares when they become deliverable, and they are listed as directly owned. The award is tied to common stock that becomes exercisable on 11/11/2026, aligning the director’s compensation with future company performance.
Marzetti Co (MZTI) reported an insider equity award on a Form 4. A reporting person who is both a director and an officer with the title Executive Chairman received 786 restricted stock units on 11/20/2025. Each restricted stock unit represents the right to receive one share of Marzetti common stock.
The restricted stock units relate to 786 shares of common stock, with an exercise price of $0.0000, and are listed as being held under direct ownership. The units are shown as exercisable and expiring on 11/11/2026, indicating a specific date when they convert into shares if conditions are met.
Marzetti Co (MZTI) reported an insider equity award on a Form 4. A director received 786 restricted stock units on 11/20/2025, each representing a contingent right to receive one share of Marzetti common stock. The derivative security has an exercise price of $0.0000 and is listed with a date exercisable and expiration date of 11/11/2026. Following this transaction, the reporting person is shown as beneficially owning 786 derivative securities directly.