Lancaster Colony Corporation
Description
Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, Simply Dressed, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.
About
CEO
Mr. David A. Ciesinski
Employees
3,400
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Packaged Foods
MIC code
XNGS
Address
380 Polaris Parkway, Westerville, OH 43082, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 29, 2025 | — | — | — | — |
| Aug 20, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 4, 2025 | 1.93 | — | — | — |
| Oct 31, 2024 | 1.66 | 1.62 | -0.04 | -2.41% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Current Year
(Jun 2025)
|
Next Year
(Jun 2026)
|
||
|---|---|---|---|---|
| Number of analysts | — | 7 | 7 | 7 |
| Average estimate | — | 1.58 | 6.64 | 7.10 |
| Low estimate | — | 1.48 | 6.51 | 6.90 |
| High estimate | — | 1.67 | 6.80 | 7.25 |
| Last year EPS | — | 1.37 | 6.19 | 6.64 |
[stock_revenue_estimate]
Growth estimates
Current qtr
3.740%
Next qtr. (Mar 2025)
15.430%
Current year (Jun 2025)
7.220%
Next year (Jun 2026)
6.880%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total reported revenue | 1.87B | 1.82B | 1.68B | 1.47B | 1.33B |
| Cost of revenue | 1.44B | 1.43B | 1.32B | 1.08B | 976.35M |
| Gross profit | 432.30M | 388.57M | 355.72M | 386.72M | 358.04M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 218.07M | 222.09M | 212.10M | 205.36M | 180.95M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 214.24M | 166.48M | 143.62M | 181.36M | 177.09M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | -8.72M | -23.18M | -31.23M | 4.39M | 1.99M |
| Pretax income | 205.52M | 143.30M | 112.39M | 185.75M | 179.08M |
| Tax provision | 46.90M | 32.01M | 22.80M | 43.41M | 42.09M |
| Net income | 158.61M | 111.29M | 89.59M | 142.33M | 136.98M |
| Basic EPS | 5.77 | 4.04 | 3.26 | 5.17 | 4.98 |
| Diluted EPS | 5.76 | 4.04 | 3.25 | 5.16 | 4.97 |
| Basic average shares | 27.44M | 27.46M | 27.45M | 27.48M | 27.45M |
| Diluted average shares | 27.44M | 27.46M | 27.45M | 27.48M | 27.45M |
| EBITDA | 285.01M | 242.66M | 221.21M | 221.38M | 216.20M |
| Net income from continuing op. | 158.61M | 111.29M | 89.59M | 142.33M | 136.98M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | 413,000 | 257,000 | 224,000 | 285,000 | 278,000 |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total assets | 1.21B | 1.11B | 1.09B | 1.10B | 993.35M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 163.44M | 88.47M | 60.28M | 188.06M | 198.27M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 95.56M | 114.97M | 135.50M | 97.90M | 86.60M |
| Other receivables | — | — | — | — | — |
| Inventory | 173.25M | 158.27M | 144.70M | 121.88M | 85.05M |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 11.74M | 12.76M | 11.30M | 15.65M | 15.69M |
| Non current assets | |||||
| Properties | 353.04M | 322.35M | 251.71M | 274.63M | 209.52M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 536.94M | 513.46M | 423.14M | 424.02M | 388.93M |
| Construction in progress | 42.68M | 42.64M | 138.96M | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -399.83M | -371.50M | -334.26M | -311.57M | -282.18M |
| Goodwill | 416.74M | 421.58M | 449.07M | 475.51M | 481.96M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | 4.84M | 32.32M | 58.77M | 65.22M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 21.74M | 18.37M | 18.35M | 23.59M | 17.89M |
| Total liabilities | 281.16M | 250.73M | 245.69M | 258.14M | 210.05M |
| Current liabilities | |||||
| Accounts payable | 118.81M | 111.76M | 114.97M | 110.34M | 71.43M |
| Accrued expenses | 18.39M | 17.91M | 21.31M | 20.02M | 13.28M |
| Short term debt | 12.33M | 10.77M | 11.42M | 9.38M | 7.34M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | 2.87M | 1.98M | 1.59M | 1.67M | 1.39M |
| Pensions | 31.57M | 26.34M | 16.30M | 32.52M | 32.82M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 45.34M | 19.22M | 24.81M | 23.90M | 19.47M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 38.08M | 48.18M | 39.81M | 39.96M | 35.21M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 1.67M | 1.08M | 595,000 | 4.16M | 10.28M |
| Shareholders equity | |||||
| Common stock | 153.62M | 143.87M | 137.81M | 128.62M | 125.15M |
| Retained earnings | 1.56B | 1.50B | 1.49B | 1.48B | 1.42B |
| Other shareholders equity | -8.64M | -9.37M | -11.17M | -8.25M | -12.07M |
| Total shareholders equity | 925.77M | 862.27M | 844.69M | 843.15M | 783.30M |
| Additional paid in capital | — | — | — | — | — |
| Treasury stock | 783.85M | 776.20M | 767.00M | 759.44M | 750.90M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | 158.61M | 111.29M | 89.59M | 142.33M | 136.98M | 150.55M | 135.31M | 115.31M | 121.76M | 101.69M | 74.99M | 109.25M | 95.81M | 106.36M | 114.97M | 89.09M | 37.62M | 45.68M | 82.95M | 93.09M | 80.00M | 112.55M | 91.94M | 89.24M | 99.26M | 95.10M | 96.10M | 88.70M | 76.10M | 70.50M | 59.90M | 46.20M | 32.40M | 21.20M | 16.10M | 21.90M |
| Depreciation | 55.90M | 51.21M | 45.88M | 44.51M | 37.96M | 31.85M | 26.90M | 24.91M | 24.15M | 21.11M | 20.41M | 20.11M | 20.27M | 18.94M | 20.53M | 21.87M | 24.14M | 28.77M | 29.66M | 33.26M | 31.27M | 31.67M | 35.29M | 35.53M | 34.34M | 35.60M | 32.60M | 27.00M | 24.40M | 22.70M | 22.40M | 21.80M | 21.20M | 19.80M | 18.80M | 17.80M |
| Deferred Taxes | -6.55M | 9.45M | 2.23M | 4.63M | 11.40M | 7.34M | -8.50M | 2.35M | -525,000 | 306,000 | 2.72M | 1.28M | 5.15M | 8.68M | 3.42M | 3.77M | 4.59M | -4.21M | -1.11M | 884,000 | 5.29M | 2.96M | -1.75M | 160,000 | -121,000 | -1.20M | 900,000 | -700,000 | -200,000 | -2.10M | -400,000 | 400,000 | -2.00M | 900,000 | -3.50M | 100,000 |
| Stock-Based Compensation | 11.36M | 9.08M | 9.56M | 7.13M | 6.12M | 5.97M | 5.04M | 4.25M | 3.33M | 3.04M | 2.47M | 2.90M | 2.92M | 2.30M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 13.66M | 24.97M | 28.82M | -4.49M | -11,000 | -14.54M | 2.05M | 1.16M | — | — | — | — | 95.81M | 106.36M | 114.97M | — | 774,000 | -485,000 | -2.85M | — | — | — | — | — | — | — | -100,000 | 200,000 | 200,000 | 200,000 | — | — | — | -100,000 | — | 200,000 |
| Accounts Receivable | 19.41M | 20.53M | -37.60M | -11.29M | -10.91M | -748,000 | -3.04M | -2.60M | -3.55M | -1.90M | -6.88M | 1.52M | -8.76M | 3.62M | -7.42M | -2.29M | -5.85M | -500,000 | -6.66M | -5.60M | -4.47M | 20.77M | -17.86M | 10.65M | -804,000 | -25.30M | 2.70M | 1.10M | -18.50M | -7.30M | -13.80M | -5.30M | -4.30M | 5.80M | 1.50M | -800,000 |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -15.62M | -15.02M | -18.90M | -40.35M | -13.24M | 3.20M | -12.32M | -2.81M | 3.25M | 5.60M | -25,000 | -6.17M | 7.72M | 9.94M | -25.92M | 31.65M | -15.76M | -5.10M | 276,000 | -9.00M | 5.55M | -11.08M | 36.14M | -7.23M | -6.40M | 6.20M | -12.50M | -9.50M | -8.70M | -24.60M | -20.60M | -3.70M | 3.90M | 14.40M | -10.40M | -5.00M |
| Operating Cash Flow | 236.76M | 211.51M | 119.57M | 142.46M | 168.30M | 183.62M | 145.44M | 142.57M | 148.41M | 129.84M | 93.68M | 128.89M | 218.91M | 256.20M | 220.54M | 144.08M | 45.51M | 64.16M | 102.26M | 112.64M | 117.64M | 156.86M | 143.75M | 128.35M | 126.28M | 110.40M | 119.70M | 106.80M | 73.30M | 59.40M | 47.50M | 59.40M | 51.20M | 62.00M | 22.50M | 34.20M |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | -60.61M | -88.97M | -131.60M | -87.72M | -82.51M | -70.71M | -30.99M | -25.53M | -16.67M | -18.30M | -15.96M | -21.31M | -15.45M | -35.32M | -12.76M | -9.34M | -15.90M | -55.62M | -58.45M | -22.02M | -16.83M | -28.39M | -22.21M | -21.87M | -24.49M | -33.20M | -41.30M | -37.40M | -48.40M | -35.80M | -28.50M | -18.90M | -16.40M | -13.30M | -23.70M | -15.50M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | -55.36M | -318,000 | -35.17M | -12,000 | -92.22M | 25.61M | — | — | — | — | — | 18.86M | -22.99M | 466,000 | -492,000 | -20.57M | -3.00M | -2.25M | -49.83M | -400,000 | -2.10M | -19.70M | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -5.00M | -31.35M | -52.70M | -31.30M | -53.15M | — | — | — | — | — | — | — | — | — | — | -5.10M | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 40.77M | 66.90M | 46.65M | 20.03M | 31.95M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -67.43M | -90.78M | -132.24M | -88.98M | -83.27M | -126.86M | -31.45M | -60.61M | -17.42M | -112.33M | 8.48M | -22.38M | -16.60M | -35.76M | -14.10M | -10.97M | 710,000 | -45.26M | -23.26M | -34.16M | -50.19M | -55.13M | -26.16M | -74.54M | -28.74M | -39.50M | -70.20M | -41.10M | -49.10M | -37.20M | -30.10M | -19.90M | -21.90M | -15.60M | -25.10M | -16.90M |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 25.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -1.96M | -2.33M | -2.66M | -2.00M | — | — | — | — | — | — | -324,000 | — | — | — | — | -84.78M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -1.61M | -3.03M | -366,000 | -3.66M | -4.42M | -2.68M | -981,000 | -907,000 | -1.90M | 563,000 | 1.02M | 794,000 | 301,000 | 479,000 | 2.00M | — | -604,000 | -5.33M | — | — | — | — | — | — | — | — | — | — | — | 100,000 | -100,000 | — | — | — | -9.10M | — |
| Financing Cash Flow | -109.15M | -106.93M | -97.35M | -95.43M | -85.52M | -80.20M | -66.61M | -60.75M | -192.60M | -49.78M | -49.74M | -177.55M | -46.48M | -80.32M | -33.83M | -113.31M | -121.87M | -101.37M | -182.27M | -86.99M | -44.80M | -59.36M | -48.14M | -44.86M | -98.65M | -90.90M | -53.60M | -45.60M | -39.30M | -31.60M | -16.30M | -14.70M | -13.50M | -9.90M | -25.00M | -18.50M |
| Other Cash Details | ||||||||||||||||||||||||||||||||||||
| End Cash Position | 163.44M | 88.47M | 60.28M | 188.06M | 198.27M | 196.29M | 205.75M | 143.10M | 118.08M | 182.20M | 211.54M | 123.39M | 191.64M | 132.27M | 100.89M | 38.48M | 19.42M | 8.32M | 6.05M | 113.27M | 113.23M | 88.85M | 83.38M | 4.87M | 2.66M | 18.90M | 23.20M | — | — | — | — | — | — | — | — | — |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 183.98M | 135.72M | -30.16M | 86.32M | 88.13M | 126.72M | 129.69M | 119.38M | 129.23M | 114.47M | 113.13M | 107.54M | 106.10M | 112.11M | 94.86M | 121.83M | 76.49M | 38.34M | 36.95M | 93.99M | 98.41M | 127.31M | 137.78M | 103.58M | 103.88M | 92.70M | 75.10M | 76.00M | 34.30M | 9.90M | 32.20M | 42.80M | 50.30M | 36.10M | 11.00M | 15.40M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Midcap ETF | Nov 30, 2024 | 618,922 | 112.00M | 2.25% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 612,884 | 110.91M | 2.22% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 548,480 | 99.25M | 1.99% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 482,198 | 87.26M | 1.75% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 287,992 | 52.12M | 1.04% |
| Vanguard Small-Cap Growth Index Fund | Sep 30, 2024 | 265,966 | 48.13M | 0.96% |
| First Tr Exchange Traded Fd-First Tr Value Line Dividend Index | Nov 30, 2024 | 244,720 | 44.28M | 0.89% |
| SPDR (R) Ser Tr- SPDR (R) S&P (R) Dividend ETF | Nov 30, 2024 | 232,988 | 42.16M | 0.85% |
| Thrivent Small Cap Stock Fund | Oct 31, 2024 | 212,845 | 38.52M | 0.77% |
| Advisors Inner Circle Fund II-Champlain Small Company Fund | Sep 30, 2024 | 200,000 | 36.19M | 0.73% |
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