Lancaster Colony (LANC) Tops Q4 EPS by 8c

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Go back to Lancaster Colony (LANC) Tops Q4 EPS by 8c

Lancaster Colony Reports Fourth Quarter And Fiscal Year Results

August 20, 2015 7:20 AM EDT

COLUMBUS, Ohio, Aug. 20, 2015 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the fourth quarter and fiscal year ended June 30, 2015.  All financial results of the company's Glassware and Candles segment have been reclassified as discontinued operations due to the sale of effectively all of the net operating assets of that segment on January 30, 2014. 

Fourth Quarter Highlights

Net sales increased 7.3% to $277.7 million versus $258.8 million last year.  Excluding $11.5 million in net sales from the Flatout® flatbread business acquired in mid-March 2015, net sales increased 2.9%. Sales growth... More