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Lancaster Colony Corp (LANC.OQ)

LANC.OQ on NASDAQ Stock Exchange Global Select Market

120.47USD
23 Feb 2018
Change (% chg)

$0.77 (+0.64%)
Prev Close
$119.70
Open
$119.99
Day's High
$120.79
Day's Low
$119.47
Volume
25,300
Avg. Vol
58,501
52-wk High
$135.70
52-wk Low
$113.97

Latest Key Developments (Source: Significant Developments)

Lancaster Colony Reports Q2 EPS Of $1.67
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Lancaster Colony Corp ::LANCASTER COLONY REPORTS SECOND QUARTER SALES AND EARNINGS.Q2 EARNINGS PER SHARE $1.67.Q2 SALES $319.7 MILLION VERSUS I/B/E/S VIEW $335.6 MILLION.Q2 EARNINGS PER SHARE VIEW $1.30 -- THOMSON REUTERS I/B/E/S.FISCAL Q2 WAS MARKED BY "SEVERAL CHALLENGES".ESTIMATED FAVORABLE IMPACT OF TAX ACT ON Q2 NET INCOME WAS $14.5 MILLION, OR $.53 PER DILUTED SHARE.LANCASTER COLONY - ‍ EXPECT FROZEN GARLIC BREAD PRODUCTS SALES TO REMAIN CONSTRAINED THROUGH END OF FISCAL Q3​.LANCASTER COLONY - CONTINUED SLOWDOWN IN AWAY FROM HOME DINING,LOWER LEVELS OF LTO PROGRAM VOLUMES COMBINED TO IMPACT FOODSERVICE BUSINESS IN QUARTER.NET SALES DECLINES WERE COMPOUNDED BY COMMODITY COST HEADWINDS AND INCREASED FREIGHT COSTS IN QUARTER.‍ADDITIONAL RETAIL PRICE INCREASES ARE PLANNED FOR EARLY IN Q4 OF FISCAL YEAR​.‍ IN COMING MONTHS, CO WILL ADD A PARMESAN RANCH FLAVOR TO RETAIL SEGMENT'S LINE OF OLIVE GARDEN DRESSINGS​.EXPECT COMMODITY AND FREIGHT COSTS TO REMAIN ABOVE LAST YEAR'S LEVEL FOR BALANCE OF FISCAL YEAR.  Full Article

T. Marzetti Co Recalls Frozen Biscuit Dough Product Over Potential Listeria Contamination
Friday, 29 Dec 2017 

Dec 29 (Reuters) - T. Marzetti Company::RECALLING "BEST BY" DATES OF A PRODUCT DISTRIBUTED IN CALIFORNIA AS IT MAY POTENTIALLY BE CONTAMINATED WITH LISTERIA MONOCYTOGENES.VOLUNTARILY RECALLING FROZEN BISCUIT DOUGH PRODUCT; NO ILLNESSES REPORTED RELATED TO RECALLED ITEM.  Full Article

LANCASTER COLONY RAISES REGULAR QTRLY CASH DIVIDEND TO $0.60/SHARE
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Lancaster Colony Corp ::LANCASTER COLONY INCREASES REGULAR CASH DIVIDEND; REELECTS THREE INCUMBENT DIRECTORS.LANCASTER COLONY - BOARD OF DIRECTORS VOTED TO RAISE REGULAR QUARTERLY CASH DIVIDEND TO 60 CENTS PER COMMON SHARE​.  Full Article

Lancaster COLONY reports first quarter sales and earnings
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Lancaster Colony Corp :Lancaster Colony reports first quarter sales and earnings.Q1 sales $298.9 million versus I/B/E/S view $298.3 million.Q1 earnings per share $1.07.Q1 earnings per share view $1.11 -- Thomson Reuters I/B/E/S.Lancaster Colony Corp - ‍looking ahead to fiscal Q2, expect higher freight costs to persist​.Lancaster Colony - ‍in Q2, also anticipate commodity costs to remain a headwind with eggs, soybean oil, dairy ingredients showing cost increases​.  Full Article

Lancaster Colony posts Q4 EPS of $1.12
Thursday, 18 Aug 2016 

Lancaster Colony Corp : Lancaster Colony reports fourth quarter and fiscal year results . Q4 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Q4 earnings per share $1.12 . Qtrly net sales increased 2.4 pct to $284.5 million . Says commodity costs are expected to remain favorable through first half of fiscal 2017 .Q4 revenue view $291.7 million -- Thomson Reuters I/B/E/S.  Full Article

Lancaster Colony declares qtrly dividend of 50 cents/share
Wednesday, 25 May 2016 

Lancaster Colony Corp : Board voted to continue cash dividend at higher level set six months ago .Declared a quarterly cash dividend of 50 cents per share on company's common stock.  Full Article

BRIEF-Lancaster Colony Reports Q2 EPS Of $1.67

* Q2 EARNINGS PER SHARE VIEW $1.30 -- THOMSON REUTERS I/B/E/S