Company Reports Q3 Revenue of $453.4M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 04 2026
0mins
Reports Q3 revenue $453.4M, consensus $464.03M. CEO David A. Ciesinski commented, "We were pleased to report record-high gross profit in the quarter despite the decline in net sales. In our Retail segment, our category-leading frozen bread brands performed well as sales of our New York Bakery frozen garlic bread products continued to grow and increase market share while sales of our Sister Schubert's dinner rolls benefited from the pull-forward of demand due to the earlier Easter holiday. These sales gains were more than offset by the impacts of category softness and reduced sales into the club channel. In the Foodservice segment, reported net sales increased 1.5% while Adjusted Foodservice Net Sales, which exclude non-core TSA sales, grew 1.8%, led by higher demand from several of our core national chain restaurant accounts. Looking ahead to the final quarter of our fiscal year, in addition to incremental sales attributed to the Bachan's acquisition, we expect Retail sales will benefit from new product introductions including Marzetti Protein Ranch dressing and veggie dips, a new Olive Garden Zesty Italian dressing flavor, and the addition of a larger-sized bottle for the popular Chick-fil-A Avocado Lime Ranch dressing. In the Foodservice segment, we anticipate continued growth from select customers in our mix of national chain restaurant accounts."
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Analyst Views on MZTI
Wall Street analysts forecast MZTI stock price to rise
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 114.220
Low
180.00
Averages
185.00
High
190.00
Current: 114.220
Low
180.00
Averages
185.00
High
190.00
About MZTI
The Marzetti Company, formerly Lancaster Colony Corporation, is a manufacturer and seller of specialty food products. 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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Marzetti Company Under Investigation for Securities Violations
- Sales Performance Decline: Marzetti reported a 3.2% decline in retail segment net sales to $233.8 million for Q3 2026, primarily driven by a 5.6% decrease in retail sales volume, indicating significant market pressure on the company.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales in the club channel, highlighting a potential weakening in consumer demand that could impact future revenue growth.
- Chick-fil-A Sauce Impact: During the earnings call, Marzetti indicated that its sales of Chick-fil-A sauces in the club channel were affected by a prior-year pipeline build, suggesting challenges in inventory management that may lead to future sales volatility.
- Significant Stock Price Drop: Following the financial results, Marzetti's stock price fell by $8.16, or approximately 7%, from $124.38 on May 4, 2026, to $116.22 on May 5, reflecting investor concerns about the company's outlook.
See More
Investigation into Securities Fraud Claims Against Marzetti Company
- Sales Performance Decline: Marzetti reported a 3.2% decline in retail segment net sales to $233.8 million for Q3 2026, primarily due to a 5.6% decrease in retail sales volume, indicating significant competitive pressures in the market.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales into the club channel, highlighting insufficient market demand that could impact future revenue growth and market share.
- Chick-fil-A Sauce Sales Issues: Marzetti disclosed that prior-year pipeline builds for Chick-fil-A sauces in the club channel led to abnormal consumer purchasing behavior, indicating challenges in the company's supply chain management.
- Significant Stock Price Drop: Following the earnings report, Marzetti's stock price fell by $8.16, or 6.56%, closing at $116.22, reflecting investor concerns about the company's future performance and potentially leading to further declines in market confidence.
See More
Marzetti Company Under Investigation for Securities Violations
- Sales Performance Decline: Marzetti reported a 3.2% decline in Retail segment net sales to $233.8 million in its Q3 2026 financial results released on May 4, primarily due to a 5.6% decrease in retail sales volume, indicating significant market pressure on the company.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales into the club channel, suggesting a weakening market demand that could impact future revenue growth and market share.
- Chick-fil-A Sauce Issues: During the earnings call, Marzetti disclosed that its sales of Chick-fil-A sauces in the club channel were affected by prior-year pipeline builds, highlighting challenges in inventory management and market demand forecasting.
- Significant Stock Price Drop: Following the financial results, Marzetti's stock price fell by $8.16, or approximately 7%, from $124.38 per share on May 4 to $116.22 on May 5, reflecting investor concerns about the company's future performance.
See More
Marzetti Company Under Investigation for Securities Fraud
- Sales Performance Decline: Marzetti reported a 3.2% decline in retail segment net sales to $233.8 million in Q3 2026, primarily due to a 5.6% decrease in retail sales volume, indicating significant competitive pressure in the market.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales into the club channel, highlighting insufficient demand for its products in specific markets, which could impact future revenue growth.
- Chick-fil-A Sauce Impact: During the earnings call, Marzetti mentioned that its Chick-fil-A sauce sales in the club channel were affected by a prior-year pipeline build, indicating challenges in demand forecasting and inventory management.
- Stock Price Reaction: Following the earnings report, Marzetti's stock price fell by $8.16, or 6.56%, closing at $116.22 per share, reflecting investor concerns regarding the company's performance and future outlook.
See More
Lancaster Colony Declares Quarterly Dividend of $1.00
- Quarterly Dividend Declaration: Lancaster Colony has declared a quarterly dividend of $1.00 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flow despite market challenges.
- Dividend Yield: The forward yield of 3.58% reflects the company's capacity to provide attractive returns to investors in the current economic environment, thereby enhancing investor confidence.
- Shareholder Record Dates: The dividend will be payable on June 30, with a record date of June 5 and an ex-dividend date also on June 5, providing shareholders with a clear timeline to ensure dividend eligibility.
- Financial Performance Analysis: Despite the stable dividend, Lancaster Colony reported a non-GAAP EPS of $1.45, missing expectations by $0.12, and revenue of $453.4 million also fell short by $10.63 million, indicating pressure on the company's growth prospects.
See More
Marzetti Company Declares Quarterly Cash Dividend
- Dividend Declaration: The Marzetti Company's Board of Directors has declared a quarterly cash dividend of $1.00 per share, payable on June 30, 2026, reflecting the company's strong financial position and marking the 252nd consecutive quarterly cash dividend paid since September 1963.
- Dividend History Achievement: This dividend maintains the higher level set six months ago, marking the company's 63rd consecutive year of regular cash dividend increases, positioning Marzetti among only 12 U.S. companies with such a record, thereby enhancing investor confidence.
- Annual Dividend Growth: For the current fiscal year ending June 30, 2026, the annual payout is $3.95 per share, up from $3.75 per share in fiscal 2025, indicating ongoing improvements in the company's profitability.
- Share Structure: The company currently has approximately 27,423,000 common shares outstanding, and this stable equity structure supports its ongoing dividend policy, demonstrating the company's competitiveness and attractiveness in the market.
See More
Marzetti Company Under Investigation for Securities Violations
- Sales Performance Decline: Marzetti reported a 3.2% decline in retail segment net sales to $233.8 million for Q3 2026, primarily driven by a 5.6% decrease in retail sales volume, indicating significant market pressure on the company.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales in the club channel, highlighting a potential weakening in consumer demand that could impact future revenue growth.
- Chick-fil-A Sauce Impact: During the earnings call, Marzetti indicated that its sales of Chick-fil-A sauces in the club channel were affected by a prior-year pipeline build, suggesting challenges in inventory management that may lead to future sales volatility.
- Significant Stock Price Drop: Following the financial results, Marzetti's stock price fell by $8.16, or approximately 7%, from $124.38 on May 4, 2026, to $116.22 on May 5, reflecting investor concerns about the company's outlook.
See More
Investigation into Securities Fraud Claims Against Marzetti Company
- Sales Performance Decline: Marzetti reported a 3.2% decline in retail segment net sales to $233.8 million for Q3 2026, primarily due to a 5.6% decrease in retail sales volume, indicating significant competitive pressures in the market.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales into the club channel, highlighting insufficient market demand that could impact future revenue growth and market share.
- Chick-fil-A Sauce Sales Issues: Marzetti disclosed that prior-year pipeline builds for Chick-fil-A sauces in the club channel led to abnormal consumer purchasing behavior, indicating challenges in the company's supply chain management.
- Significant Stock Price Drop: Following the earnings report, Marzetti's stock price fell by $8.16, or 6.56%, closing at $116.22, reflecting investor concerns about the company's future performance and potentially leading to further declines in market confidence.
See More
Marzetti Company Under Investigation for Securities Violations
- Sales Performance Decline: Marzetti reported a 3.2% decline in Retail segment net sales to $233.8 million in its Q3 2026 financial results released on May 4, primarily due to a 5.6% decrease in retail sales volume, indicating significant market pressure on the company.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales into the club channel, suggesting a weakening market demand that could impact future revenue growth and market share.
- Chick-fil-A Sauce Issues: During the earnings call, Marzetti disclosed that its sales of Chick-fil-A sauces in the club channel were affected by prior-year pipeline builds, highlighting challenges in inventory management and market demand forecasting.
- Significant Stock Price Drop: Following the financial results, Marzetti's stock price fell by $8.16, or approximately 7%, from $124.38 per share on May 4 to $116.22 on May 5, reflecting investor concerns about the company's future performance.
See More
Marzetti Company Under Investigation for Securities Fraud
- Sales Performance Decline: Marzetti reported a 3.2% decline in retail segment net sales to $233.8 million in Q3 2026, primarily due to a 5.6% decrease in retail sales volume, indicating significant competitive pressure in the market.
- Channel Sales Weakness: The company noted that retail sales gains were offset by category softness and reduced sales into the club channel, highlighting insufficient demand for its products in specific markets, which could impact future revenue growth.
- Chick-fil-A Sauce Impact: During the earnings call, Marzetti mentioned that its Chick-fil-A sauce sales in the club channel were affected by a prior-year pipeline build, indicating challenges in demand forecasting and inventory management.
- Stock Price Reaction: Following the earnings report, Marzetti's stock price fell by $8.16, or 6.56%, closing at $116.22 per share, reflecting investor concerns regarding the company's performance and future outlook.
See More
Lancaster Colony Declares Quarterly Dividend of $1.00
- Quarterly Dividend Declaration: Lancaster Colony has declared a quarterly dividend of $1.00 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flow despite market challenges.
- Dividend Yield: The forward yield of 3.58% reflects the company's capacity to provide attractive returns to investors in the current economic environment, thereby enhancing investor confidence.
- Shareholder Record Dates: The dividend will be payable on June 30, with a record date of June 5 and an ex-dividend date also on June 5, providing shareholders with a clear timeline to ensure dividend eligibility.
- Financial Performance Analysis: Despite the stable dividend, Lancaster Colony reported a non-GAAP EPS of $1.45, missing expectations by $0.12, and revenue of $453.4 million also fell short by $10.63 million, indicating pressure on the company's growth prospects.
See More
Marzetti Company Declares Quarterly Cash Dividend
- Dividend Declaration: The Marzetti Company's Board of Directors has declared a quarterly cash dividend of $1.00 per share, payable on June 30, 2026, reflecting the company's strong financial position and marking the 252nd consecutive quarterly cash dividend paid since September 1963.
- Dividend History Achievement: This dividend maintains the higher level set six months ago, marking the company's 63rd consecutive year of regular cash dividend increases, positioning Marzetti among only 12 U.S. companies with such a record, thereby enhancing investor confidence.
- Annual Dividend Growth: For the current fiscal year ending June 30, 2026, the annual payout is $3.95 per share, up from $3.75 per share in fiscal 2025, indicating ongoing improvements in the company's profitability.
- Share Structure: The company currently has approximately 27,423,000 common shares outstanding, and this stable equity structure supports its ongoing dividend policy, demonstrating the company's competitiveness and attractiveness in the market.
See More
