Lancaster Colony Corp. (LANC) Tops Q1 EPS by 15c
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Lancaster Colony Reports First Quarter Sales And Earnings
October 25, 2018 7:20 AM EDTWESTERVILLE, Ohio, Oct. 25, 2018 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal first quarter ended September 30, 2018. Highlights for the quarter are as follows:
Consolidated net sales increased 5.9% to a first quarter record $316.7 million versus $298.9 million last year. Retail net sales grew 0.4% to $162.7 million as the impact of price increases taken in response to higher freight and commodity costs and continued volume gains for shelf-stable dressings and sauces sold under license agreements helped drive improvement. The Retail net sales results... More