Lancaster Colony Corp. (LANC) Tops Q2 EPS by 25c
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Lancaster Colony Reports Second Quarter Sales and Earnings
January 31, 2019 7:30 AM ESTWESTERVILLE, Ohio, Jan. 31, 2019 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal second quarter ended December 31, 2018. Highlights for the quarter are as follows:
Consolidated net sales increased 9.4% to a second quarter record $349.6 million versus $319.7 million last year. Excluding net sales attributed to the acquisitions of Bantam Bagels, which closed on October 19, 2018, and Omni Baking Company, which closed on November 16, 2018, consolidated net sales increased 7.3%. Retail net sales increased 3.9% to $186.3 million. Excluding the net sales contribution of $0.8 million from the Bantam Bagels acquisition, organic... More