Loop Capital initiated coverage on Lancaster Colony with a new price target
$LANC
Packaged Foods
Consumer Staples
Loop Capital initiated coverage of Lancaster Colony with a rating of Buy and set a new price target of $237.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/1/2025 | $185.00 | Hold → Buy | The Benchmark Company |
| 2/2/2024 | $205.00 → $218.00 | Overweight → Equal-Weight | Stephens |
| 12/8/2023 | $185.00 | Neutral | DA Davidson |
| 11/27/2023 | $166.00 | Hold | Jefferies |
| 10/13/2023 | $205.00 | Overweight | Stephens |
| 6/23/2023 | $237.00 | Buy | Loop Capital |
| 5/23/2022 | $140.00 | Market Perform | Cowen |
| 5/6/2022 | Buy → Hold | The Benchmark Company |
Lancaster Colony Corporation (NASDAQ:LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, payable June 30, 2025 to shareholders of record on June 6, 2025. The quarterly cash dividend amount of 95 cents per share maintains the higher level set six months ago, which marked the company's 62nd consecutive year of increased regular cash dividends. Lancaster Colony is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. CEO David A. Ciesinski said, "The dividend reflects the company's continued strong financial position and will be the 248th consecutive quarterly cash dividend paid by the compa
Lancaster Colony Corporation (NASDAQ:LANC) today reported results for the company's fiscal third quarter ended March 31, 2025. Summary Consolidated net sales declined 2.9% to $457.8 million versus $471.4 million last year. Retail segment net sales decreased 2.6% to $241.5 million. The decline in Retail net sales includes the impact of the company's exit from our perimeter-of-the-store bakery product lines in March 2024. Excluding all sales attributed to those product lines, Retail segment net sales decreased 0.7%. Foodservice segment net sales declined 3.2% to $216.3 million. Consolidated gross profit increased $1.5 million to a third quarter record $106.0 million. The gross profit imp
Lancaster Colony Corporation (NASDAQ:LANC) announced today that it will release its third quarter fiscal year 2025 financial results prior to the opening of the market on Wednesday, April 30, 2025. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, click on the webcast link on the home page and enter your registration information. Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels. View source version on business
10-Q - LANCASTER COLONY CORP (0000057515) (Filer)
8-K - LANCASTER COLONY CORP (0000057515) (Filer)
8-K - LANCASTER COLONY CORP (0000057515) (Filer)
4 - LANCASTER COLONY CORP (0000057515) (Issuer)
3 - LANCASTER COLONY CORP (0000057515) (Issuer)
4 - LANCASTER COLONY CORP (0000057515) (Issuer)
The Benchmark Company upgraded Lancaster Colony from Hold to Buy and set a new price target of $185.00
Stephens downgraded Lancaster Colony from Overweight to Equal-Weight and set a new price target of $218.00 from $205.00 previously
DA Davidson initiated coverage of Lancaster Colony with a rating of Neutral and set a new price target of $185.00
4 - LANCASTER COLONY CORP (0000057515) (Issuer)
4 - LANCASTER COLONY CORP (0000057515) (Issuer)
Lancaster Colony Corporation (NASDAQ:LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, payable June 30, 2025 to shareholders of record on June 6, 2025. The quarterly cash dividend amount of 95 cents per share maintains the higher level set six months ago, which marked the company's 62nd consecutive year of increased regular cash dividends. Lancaster Colony is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. CEO David A. Ciesinski said, "The dividend reflects the company's continued strong financial position and will be the 248th consecutive quarterly cash dividend paid by the compa
Lancaster Colony Corporation (NASDAQ:LANC) today reported results for the company's fiscal third quarter ended March 31, 2025. Summary Consolidated net sales declined 2.9% to $457.8 million versus $471.4 million last year. Retail segment net sales decreased 2.6% to $241.5 million. The decline in Retail net sales includes the impact of the company's exit from our perimeter-of-the-store bakery product lines in March 2024. Excluding all sales attributed to those product lines, Retail segment net sales decreased 0.7%. Foodservice segment net sales declined 3.2% to $216.3 million. Consolidated gross profit increased $1.5 million to a third quarter record $106.0 million. The gross profit imp
Lancaster Colony Corporation (NASDAQ:LANC) announced today that it will release its third quarter fiscal year 2025 financial results prior to the opening of the market on Wednesday, April 30, 2025. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, click on the webcast link on the home page and enter your registration information. Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels. View source version on business
SC 13G/A - LANCASTER COLONY CORP (0000057515) (Subject)
SC 13G - LANCASTER COLONY CORP (0000057515) (Subject)
SC 13G/A - LANCASTER COLONY CORP (0000057515) (Subject)
T. Marzetti Company, a wholly owned subsidiary of Lancaster Colony Corporation (NASDAQ:LANC), is pleased to announce the appointment of Tanya Berman to President of its retail business unit, effective April 21, 2025. In this role, Ms. Berman will lead sales, marketing, and innovation for T. Marzetti's portfolio of retail brands and licensed products. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250407830156/en/Tanya Berman will join T. Marzetti as President of Retail effective April 21, 2025. Ms. Berman has 25 years of experience in general management and marketing, demonstrating a strong record of driving growth across many ca
Lancaster Colony Corporation (NASDAQ:LANC) announced today that its Board of Directors has appointed George F. Knight III to the Company's Board of Directors. Mr. Knight spent 25 years with chemical company Hexion, Inc. and its predecessor company Borden, Inc., most recently serving as Hexion's Executive Vice President and Chief Financial Officer. During his tenure at Hexion and Borden, he held roles of increasing responsibility including Vice President of Mergers and Acquisitions, Vice President of Finance, and Senior Vice President and Treasurer. Mr. Knight previously held senior finance roles at Duracell, Inc. and worked as a Senior Audit Manager for Deloitte & Touche LLC. This press re
Lancaster Colony Corporation (NASDAQ:LANC) announced today that its Board of Directors has appointed Zena Srivatsa Arnold to the Company's Board of Directors. Ms. Arnold most recently served as Senior Vice President, Carbonated Soft Drinks, at PepsiCo., Inc. where she oversaw the Carbonated Soft Drink portfolio in North America, including some of PepsiCo's largest brands such as Pepsi and Mountain Dew. Prior to joining PepsiCo, she was the Chief Digital and Marketing Officer of Kimberly-Clark Corporation, a global personal care and consumer products company and prior to that she held various management roles with Alphabet Inc. (Google). Ms. Arnold is an accomplished marketing and general ma