Marzetti Q4 adjusted EPS beats on Bachan's acquisition

The Marzetti

25/08/2026 13:21

Overview
U.S. specialty food maker's Q4 sales declined 2.2%, missing analyst expectations
Adjusted EPS for Q4 grew 9% to $1.46, beating analyst estimates
Quarter included incremental sales from Bachan's acquisition and gain on Milpitas property sale

Outlook
Marzetti expects Retail sales to benefit from Bachan’s acquisition and new product launches
Company expects Foodservice sales to be supported by select quick-service restaurant customers
Marzetti anticipates moderate input cost inflation in fiscal 2027, plans to offset with pricing

Result Drivers
BACHAN'S ACQUISITION - Newly acquired Bachan's brand added $15.4 mln in incremental sales to Retail segment
COST SAVINGS PROGRAMS - Gross profit and margin improved due to ongoing cost savings initiatives
MILPITAS PROPERTY SALE - Operating income benefited from $18.5 mln gain on sale of Milpitas facility

Company press release: ID:nBw4S7T2Da

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$465.03 mln
$476.97 mln (5 Analysts)
Q4 Adjusted EPS
Beat
$1.46
$1.40 (4 Analysts)
Q4 EPS
 
$1.76
 
Q4 Net Income
 
$48.29 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for The Marzetti Company is $160.00, about 38.2% above its August 24 closing price of $115.76
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 18 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)