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Marzetti Co
Lancaster Colony Corp. engages in the manufacture and sale of specialty food products. The company is headquartered in Westerville, Ohio and currently employs 3,400 full-time employees. The Company’s retail brands Marzetti, New York Bakery, and Sister Schubert’s, Olive Garden, dressings, Chick-fil-A sauces and dressings, Buffalo Wild Wings sauces, Arby’s sauces, Subway sauces, Texas Roadhouse steak sauces, and frozen rolls. Its foodservice business supplies many restaurant chains in the United States with dressings, sauces, breads and frozen pastas.
Lancaster Colony Corp. engages in the manufacture and sale of specialty food products. The company is headquartered in Westerville, Ohio and currently employs 3,400 full-time employees. The Company’s retail brands Marzetti, New York Bakery, and Sister Schubert’s, Olive Garden, dressings, Chick-fil-A sauces and dressings, Buffalo Wild Wings sauces, Arby’s sauces, Subway sauces, Texas Roadhouse steak sauces, and frozen rolls. Its foodservice business supplies many restaurant chains in the United States with dressings, sauces, breads and frozen pastas.
Record Sales: The Marzetti Company reported record first-quarter consolidated net sales of $493 million, up 5.8%.
Margin Expansion: Gross profit hit a record $119 million, with gross margin expanding by 30 basis points.
Retail Drivers: Growth was driven by strong performance in licensed products like Chick-fil-A sauces and successful launches such as gluten-free Texas Toast.
Foodservice Outperformance: Foodservice segment sales (excluding noncore TSA sales) rose 3.5%, outperforming broader restaurant industry trends.
Chick-fil-A Success: Chick-fil-A sauces grew 9.6% and benefited from expanded club channel distribution.
Marketing Investment: Increased marketing spend in Retail impacted segment profit but is seen as a long-term growth investment.
Positive Outlook: Management expressed optimism for both Retail and Foodservice, citing improved Foodservice outlook and confidence in offsetting modest inflation.