Marzetti Reports Record Q4 Sales, Operating Income Declines

The Marzetti Company, formerly known as Lancaster Colony Corporation, reported strong financial results for its fiscal fourth quarter and year ended June 30, 2025, with consolidated net sales reaching a record $475.4 million, a 5% increase year over year. The Retail segment saw a 3.1% sales increase, driven by expanding distribution of products like Texas Roadhouse dinner rolls and Chick-fil-A sauce in new channels, while the Foodservice segment grew by 7%, supported by inflationary pricing and increased demand from national chain restaurant customers. Gross profit rose by $8.5 million to a record $106.1 million, with an improved gross profit margin of 22.3%, aided by cost savings programs and favorable sales mix. However, consolidated operating income declined by $2.8 million to $38.9 million, impacted by higher SG&A expenses due to marketing investments and increased restructuring and impairment charges related to the closure of a facility in Milpitas, California. Net income per diluted share for the quarter was $1.18, slightly down from $1.26 the previous year, partly due to these charges, although full-year net income increased to $167.3 million or $6.07 per diluted share. The company also rebranded to emphasize its flagship Marzetti brand, reflecting its heritage and strategic focus on quality and growth in the food industry.