Lancaster Colony (LANC) Tops Q3 EPS by 1c
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Lancaster Colony Reports Third Quarter Sales And Earnings
April 30, 2015 7:30 AM EDTCOLUMBUS, Ohio, April 30, 2015 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's third fiscal quarter ended March 31, 2015. All prior-year financial results of the Glassware and Candles segment have been reclassified as discontinued operations due to the sale of effectively all the net operating assets of that segment on January 30, 2014. Highlights for the quarter:
Net sales increased 8.9% to a third quarter record $263.4 million versus $241.8 million last year. Excluding the $1.9 million in sales contributed by the recently acquired Flatout® flatbread business, net sales increased 8.1%. Both the... More