Brief: Lancaster Colony Reports First Quarter Sales And Earnings

Marzetti Co

04/11/2020 12:47

Nov 4 (Reuters) - Lancaster Colony Corp  LANC.O :
    * LANCASTER COLONY REPORTS FIRST QUARTER SALES AND EARNINGS
    * Q1 EARNINGS PER SHARE $1.35
    * Q1 EARNINGS PER SHARE ESTIMATE $1.60 -- REFINITIV IBES
DATA
    * Q1 SALES $349.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$342.1
MILLION
    * EXPECTS CONTINUED GROWTH IN CONSOLIDATED NET SALES WITH
RETAIL
OUTPACING FOODSERVICE IN Q2
    * ANTICIPATES MANUFACTURING COSTS WILL REMAIN HIGHER IN Q2

Source text for Eikon:  ID:nPn2bzsK2a 
Further company coverage:  LANC.O 

 ((Reuters.Briefs@thomsonreuters.com;))