The stock has performed well over the past decade, rising by an average almost 9% annually. Lancaster has a long history of dividend growth, but that has slowed recently, and the payout ratio is rising. The most recent earnings report caused the stock to decline more than 15%, as management cited a tough consumer environment.
Lancaster Colony's fiscal Q3 reflected a weaker consumer. Foodservice sales declined especially much based on weaker restaurant traffic, and retail performance also showed weaker demand. The weak sales performance was offset in the bottom line by Lancaster's supply chain and cost initiatives. With a healthier long-term outlook, I estimate Lancaster's stock to have a fair value of $154.5.
Lancaster Colony Corporation (NASDAQ:LANC ) Q3 2025 Earnings Conference Call April 30, 2025 10:00 AM ET Company Participants Dale Ganobsik – Vice President-Corporate Finance and Investor Relations Dave Ciesinski – President and Chief Executive Officer Tom Pigott – Chief Financial Officer Conference Call Participants Jim Salera – Stephens Scott Marks – Jefferies Andrew Wolf – C.L. King Alton Stump – Loop Capital Operator Good morning.
| Food Products Industry | Consumer Staples Sector | David A. Ciesinski CEO | XMUN Exchange | US5138471033 ISIN |
| US Country | 3,400 Employees | 8 Sep 2025 Last Dividend | 28 Jan 1998 Last Split | 26 Mar 1990 IPO Date |
Lancaster Colony Corporation is a prominent player in the specialty food products industry, primarily serving the retail and foodservice channels within the United States. With its inception in 1961, the company has established a solid footprint in the market by operating through two specialized segments: Retail and Foodservice. It has its headquarters located in Westerville, Ohio, showcasing its commitment to providing high-quality food products across the nation. Lancaster Colony Corporation is known for its innovative approach towards manufacturing and marketing, ensuring that it meets the evolving tastes and preferences of its customers.
Lancaster Colony Corporation offers a wide variety of specialty food products across its Retail and Foodservice segments, including:
The company distributes these products through a combination of sales personnel, food brokers, and distributors, aiming to reach a broad base of retailers and restaurants across the United States.