Lancaster Colony

Lancaster Colony Corporation manufactures and markets two families of products:

• Specialty Foods for the retail and foodservice markets 
• Glassware and Candles for the retail and foodservice markets 

In 1961, several small glass and related housewares manufacturing companies combined to form Lancaster Colony Corporation. Two years later, the Board of Directors initiated a strategy to reward shareholders through annual dividend increases. Lancaster Colony has paid consecutive quarterly dividends since 1963. 

Lancaster Colony went public in 1969. That year also saw the company enter the specialty foods business with the purchase of the T. Marzetti Company. In 1972, Lancaster Colony posted sales in excess of $100 million. 

The company exceeded $1 billion in annual sales for the first time in fiscal 1998. Today, Lancaster Colony is positioned as a diversified marketer and manufacturer in two product groups: Specialty Foods, the largest and fastest growing division and Glassware and Candles. These groups operate autonomously, allowing each to focus on their specific customer base and market opportunities.
Type
Public
HQ
Columbus, US
Founded
1961
Size (employees)
2,700 (est)+4%
Lancaster Colony was founded in 1961 and is headquartered in Columbus, US

Lancaster Colony Office Locations

Lancaster Colony has an office in Columbus
Columbus, US (HQ)
37 W Broad St

Lancaster Colony Data and Metrics

Lancaster Colony Financial Metrics

Lancaster Colony's revenue was reported to be $293.8 m in Q3, 2017
USD

Revenue (Q3, 2017)

293.8 m

Gross profit (Q3, 2017)

71.9 m

Gross profit margin (Q3, 2017), %

24%

Net income (Q3, 2017)

14.5 m

EBIT (Q3, 2017)

22 m

Market capitalization (25-Jul-2017)

3.5 b

Cash (31-Mar-2017)

124.8 m
Lancaster Colony's current market capitalization is $3.5 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1 b1.1 b1.2 b

Revenue growth, %

6%8%

Cost of goods sold

847.5 m765.5 m769.1 m792.5 m846.8 m891.5 m

Gross profit

248.6 m257.7 m299.6 m

Gross profit Margin, %

24%23%25%

General and administrative expense

94.8 m115.1 m

Operating expense total

94.8 m115.1 m

EBIT

153.8 m154.9 m184.6 m

EBIT margin, %

15%14%15%

Interest income

488 k

Pre tax profit

153.3 m154.6 m184.6 m

Income tax expense

55.1 m48.9 m50 m52.3 m52.9 m62.9 m

Net Income

75 m101.7 m121.8 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

260 m303.4 m263.4 m294.1 m324.8 m287.8 m291.4 m326.8 m293.8 m

Cost of goods sold

202.6 m224.8 m206.8 m226.1 m241.2 m214.8 m210.7 m233 m221.9 m

Gross profit

57.4 m78.7 m56.6 m68 m83.6 m72.9 m80.6 m93.7 m71.9 m

Gross profit Margin, %

22%26%21%23%26%25%28%29%24%

General and administrative expense

22.8 m28.4 m25.4 m26.1 m31.5 m29 m29.9 m34.4 m32.3 m

Operating expense total

22.8 m28.4 m25.4 m26.1 m31.5 m29 m29.9 m34.4 m32.3 m

EBIT

34.6 m50.2 m31.2 m41.9 m52.1 m43.9 m50.8 m59.4 m22 m

EBIT margin, %

13%17%12%14%16%15%17%18%7%

Pre tax profit

34.6 m50.2 m31.1 m42 m51.9 m44.1 m50.8 m59.6 m22.2 m

Net Income

22.8 m33 m20.4 m27.6 m34.5 m29 m33.4 m39 m14.5 m
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

100.9 m132.3 m191.6 m123.4 m211.5 m182.2 m118.1 m

Current Assets

367.3 m343 m267.8 m

Goodwill

89.8 m143.8 m143.8 m

Accounts Payable

37.9 m38.8 m39.9 m

Current Liabilities

69.1 m74.6 m73 m

Retained Earnings

1.2 b1.2 b1.2 b

Total Equity

528.6 m580.9 m513.6 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

227.6 m256.1 m161.4 m199.4 m87.1 m94.4 m145.7 m118.5 m124.8 m

Inventories

78.6 m68.9 m72.3 m90.2 m80.5 m75.9 m89.8 m80.1 m79.6 m

Current Assets

386.1 m400.8 m329.2 m382 m236.4 m250 m310.3 m277 m295.3 m

Goodwill

89.8 m89.8 m126.7 m143.8 m143.8 m143.8 m143.8 m164.9 m164.9 m

Accounts Payable

41.9 m41.5 m43.8 m48.8 m43.5 m39.2 m41.5 m39.4 m41.8 m

Current Liabilities

78.8 m72.5 m77 m96.5 m76.2 m71.8 m92.8 m69.8 m92.3 m

Retained Earnings

1.2 b1.2 b1.2 b1.2 b1.1 b1.1 b1.2 b1.2 b1.2 b

Total Equity

540.1 m561.3 m569.4 m596.7 m482.6 m498.5 m534.5 m559.5 m559.2 m
USDFY, 2014FY, 2015FY, 2016

Net Income

75 m101.7 m121.8 m

Depreciation and Amortization

20.4 m21.1 m24.1 m

Inventories

1.1 m366 k1.8 m

Cash From Operating Activities

129.1 m132.8 m142.6 m

Cash From Investing Activities

8.5 m(112.3 m)(17.4 m)

Cash From Financing Activities

(49.4 m)(49.8 m)(189.3 m)
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

22.8 m33 m20.4 m27.6 m34.5 m29 m33.4 m39 m14.5 m

Accounts Payable

41.9 m41.5 m43.8 m48.8 m43.5 m39.2 m41.5 m39.4 m41.8 m
USDY, 2017

Revenue/Employee

108.8 k

Lancaster Colony Market Value History

Lancaster Colony Company Life and Culture

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