Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
17 March 1980Website:
http://www.lancastercolony.comNext earnings report:
N/ALast dividends:
09 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 20:20:00 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
LANC Latest News
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.
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) stated today that its Board of Directors has approved a quarterly cash dividend of 90 cents per common share, to be paid on June 28, 2024 to shareholders of record on June 7, 2024. This dividend amount remains at the increased level set six months ago, continuing the company's streak of raising regular cash dividends for 61 consecutive years. Lancaster Colony is among just 13 U.S. companies with this impressive track record.
Lancaster Colony (LANC) reported quarterly earnings of $1.44 per share, exceeding the Zacks Consensus Estimate of $1.42 per share. This is an improvement from earnings of $0.89 per share in the same quarter last year.
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. The Progressive (PGR), Strategic Education (STRA), Lancaster (LANC) & Sprouts Farmers (SFM) are well-poised to gain.
- 1(current)
What type of business is Lancaster Colony?
Lancaster Colony Corporation is a manufacturer and seller of specialized food products for the retail and foodservice markets. It was founded in 1961 and is based in Westerville, Ohio. The company operates in two reporting segments. All segments work with identical types of products - frozen garlic bread, dinner rolls, frozen crescent rolls, salad dressings, vegetable and fruit sauces. The difference lies in the brands presented and the markets served. Segments: Retail trade. The majority of retail sales are products sold under a private label. Foodservice - sales of private label food products to restaurants.
What sector is Lancaster Colony in?
Lancaster Colony is in the Consumer Defensive sector
What industry is Lancaster Colony in?
Lancaster Colony is in the Packaged Foods industry
What country is Lancaster Colony from?
Lancaster Colony is headquartered in United States
When did Lancaster Colony go public?
Lancaster Colony initial public offering (IPO) was on 17 March 1980
What is Lancaster Colony website?
https://www.lancastercolony.com
Is Lancaster Colony in the S&P 500?
No, Lancaster Colony is not included in the S&P 500 index
Is Lancaster Colony in the NASDAQ 100?
No, Lancaster Colony is not included in the NASDAQ 100 index
Is Lancaster Colony in the Dow Jones?
No, Lancaster Colony is not included in the Dow Jones index
When was Lancaster Colony the previous earnings report?
No data
When does Lancaster Colony earnings report?
Next earnings report date is not announced yet