Lancaster ColonyNASDAQ: LANC

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today their planned acquisition of a sauce and dressing production facility located in Atlanta, Georgia from Winland Foods, Inc. This asset purchase transaction is expected to close in the first quarter of calendar year 2025, subject to customary closing conditions, with a purchase price of approximately $75 million. The production facility accounts for a total of approximately 300,000 square feet, of whic.

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, marking 62 consecutive years of increasing regular cash dividends. The company is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. The dividend will be payable December 31, 2024 to shareholders of record on December 5, 2024. As of the record date for today's annual.

Lancaster Colony Corporation (NASDAQ:LANC ) Q1 2025 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Dale Ganobsik - VP, Corporate Finance and IR David Ciesinski - President and CEO Thomas Pigott - CFO Conference Call Participants James Salera - Stephens Andrew Wolf - CL King Brian Holland - D.A. Davidson Alton Stump - Loop Capitals Todd Brooks - The Benchmark Company Robert Dickerson - Jefferies Operator Good morning.

Lancaster Colony (LANC) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.70 per share a year ago.

Lancaster Colony (LANC) could produce exceptional returns because of its solid growth attributes.

Lancaster Colony Corporation saw a 12.3% drop in share price after disappointing financial results for the final quarter of 2024. Revenue fell short of analysts' expectations due to planned exits in product lines and deflationary pricing offsetting volume growth. Despite positive overall results for 2024, shares are still considered expensive compared to similar companies, leading to a downgrade to a 'sell' rating.

Lancaster Colony Corporation (NASDAQ:LANC ) Q4 2024 Results Conference Call August 22, 2024 10:00 AM ET Company Participants Dale Ganobsik - VP, Corporate Finance and IR Dave Ciesinski - President and CEO Tom Pigott - CFO Conference Call Participants Tyler Prause - Stephens Andrew Wolf - CL King Brian Holland - D.A. Davidson Connor Rattigan - Consumer Edge Robert Dickerson - Jefferies Todd Brooks - The Benchmark Company Operator Good morning.

Lancaster Colony (LANC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2024 financial results prior to the opening of the market on Thursday, August 22, 2024. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, cli.