Lancaster Colony (LANC) Tops Q1 EPS by 10c
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Lancaster Colony Reports First Quarter Sales And Earnings
October 29, 2015 7:15 AM EDTCOLUMBUS, Ohio, Oct. 29, 2015 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's first fiscal quarter ended September 30, 2015. Highlights for the quarter are as follows:
Net sales increased 13.1% to $294.1 million versus $260.0 million last year. Excluding sales contributed by the Flatout® flatbread business acquired in March 2015, net sales increased 8.6%. Both the retail and foodservice channels contributed to sales growth, with retail volumes driven higher by the addition of Flatout along with gains in certain product lines including Marzetti® Simply Dressed® refrigerated dressings, New York BRAND® croutons and... More