Lancaster Colony Reports Fourth Quarter and Fiscal Year Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
Lancaster Colony Corp. (LANC) Tops Q4 EPS by 14c, Revenues Beat
August 27, 2020 7:36 AM EDTLancaster Colony Corp. (NASDAQ: LANC) reported Q4 EPS of $1.10, $0.14 better than the analyst estimate of $0.96. Revenue for the quarter came in at $320.9 million versus the consensus estimate of $298.63 million.
Fourth Quarter Results
Consolidated net sales declined 0.9% to $320.9 million versus $323.7 million last year. Excluding all sales attributed to a temporary supply agreement resulting from the November 16, 2018 acquisition of Omni Baking Company, consolidated net sales increased 0.7%.Retail net sales surged 24.5% to a record $192.4 million as the impacts of the COVID-19 outbreak drove higher demand for at-home food consumption. The increase in... More