Lancaster Colony (LANC) Tops Q4 EPS by 9c

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Go back to Lancaster Colony (LANC) Tops Q4 EPS by 9c

Lancaster Colony Reports Fourth Quarter And Fiscal Year Results

August 18, 2016 7:15 AM EDT

COLUMBUS, Ohio, Aug. 18, 2016 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the fourth quarter and fiscal year ended June 30, 2016.  Highlights are as follows:

Fourth Quarter Results

Net sales increased 2.4% to $284.5 million versus $277.7 million last year led by sales growth in the retail channel, including continued strength in Olive Garden® retail dressings and improved demand for Sister Schubert's® frozen dinner rolls. Sales in the foodservice channel were flat as influenced by our business rationalization efforts within that channel and reduced contributions from national chain... More