Lancaster Colony Corp. (LANC) Misses Q3 EPS by 10c
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Lancaster Colony Reports Third Quarter Sales And Earnings
April 25, 2019 7:25 AM EDTWESTERVILLE, Ohio, April 25, 2019 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal third quarter ended March 31, 2019. Highlights for the quarter are as follows:
Consolidated net sales increased 7.3% to a third quarter record of $317.9 million versus $296.2 million last year. Excluding net sales attributed to the acquisitions of Bantam Bagels and Omni Baking Company, both of which closed during our fiscal second quarter, consolidated net sales increased 3.5%. Retail net sales improved 0.7% to $153.0 million. Excluding the incremental contribution from Bantam Bagels, Retail net sales were... More