Lancaster Colony (LANC) Tops The Q2 EPS View
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Lancaster Colony (Nasdaq: LANC) reports Q2 EPS of $1.02, versus the analyst estimate of $0.48. Revenue for the quarter was $288.2 million, versus the consensus of $286.15 million.
John B. Gerlach, Jr., chairman and CEO, said, "We were pleased with the quarter's consolidated results given the many economic challenges faced by our customers and consumers. We were also encouraged to see a seasonally strong retail mix, higher sales volumes and various pricing actions begin to move Specialty Foods operating margins toward more historic levels."
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Lancaster Colony Corporation is a diversified manufacturer and marketer of consumer products focusing primarily on specialty foods for the retail and foodservice markets.
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