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.
• 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.
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.
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|
Revenue | 1 b | 1.1 b | 1.2 b | |||
Revenue growth, % | 6% | 8% | ||||
Cost of goods sold | 847.5 m | 765.5 m | 769.1 m | 792.5 m | 846.8 m | 891.5 m |
Gross profit | 248.6 m | 257.7 m | 299.6 m | |||
Gross profit Margin, % | 24% | 23% | 25% | |||
General and administrative expense | 94.8 m | 115.1 m | ||||
Operating expense total | 94.8 m | 115.1 m | ||||
EBIT | 153.8 m | 154.9 m | 184.6 m | |||
EBIT margin, % | 15% | 14% | 15% | |||
Interest income | 488 k | |||||
Pre tax profit | 153.3 m | 154.6 m | 184.6 m | |||
Income tax expense | 55.1 m | 48.9 m | 50 m | 52.3 m | 52.9 m | 62.9 m |
Net Income | 75 m | 101.7 m | 121.8 m |
| USD | Q1, 2014 | Q2, 2014 | Q3, 2015 | Q1, 2015 | Q2, 2015 | Q3, 2016 | Q1, 2016 | Q2, 2016 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 260 m | 303.4 m | 263.4 m | 294.1 m | 324.8 m | 287.8 m | 291.4 m | 326.8 m | 293.8 m |
Cost of goods sold | 202.6 m | 224.8 m | 206.8 m | 226.1 m | 241.2 m | 214.8 m | 210.7 m | 233 m | 221.9 m |
Gross profit | 57.4 m | 78.7 m | 56.6 m | 68 m | 83.6 m | 72.9 m | 80.6 m | 93.7 m | 71.9 m |
Gross profit Margin, % | 22% | 26% | 21% | 23% | 26% | 25% | 28% | 29% | 24% |
General and administrative expense | 22.8 m | 28.4 m | 25.4 m | 26.1 m | 31.5 m | 29 m | 29.9 m | 34.4 m | 32.3 m |
Operating expense total | 22.8 m | 28.4 m | 25.4 m | 26.1 m | 31.5 m | 29 m | 29.9 m | 34.4 m | 32.3 m |
EBIT | 34.6 m | 50.2 m | 31.2 m | 41.9 m | 52.1 m | 43.9 m | 50.8 m | 59.4 m | 22 m |
EBIT margin, % | 13% | 17% | 12% | 14% | 16% | 15% | 17% | 18% | 7% |
Pre tax profit | 34.6 m | 50.2 m | 31.1 m | 42 m | 51.9 m | 44.1 m | 50.8 m | 59.6 m | 22.2 m |
Net Income | 22.8 m | 33 m | 20.4 m | 27.6 m | 34.5 m | 29 m | 33.4 m | 39 m | 14.5 m |
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|
Cash | 100.9 m | 132.3 m | 191.6 m | 123.4 m | 211.5 m | 182.2 m | 118.1 m |
Current Assets | 367.3 m | 343 m | 267.8 m | ||||
Goodwill | 89.8 m | 143.8 m | 143.8 m | ||||
Accounts Payable | 37.9 m | 38.8 m | 39.9 m | ||||
Current Liabilities | 69.1 m | 74.6 m | 73 m | ||||
Retained Earnings | 1.2 b | 1.2 b | 1.2 b | ||||
Total Equity | 528.6 m | 580.9 m | 513.6 m |
| USD | Q1, 2014 | Q2, 2014 | Q3, 2015 | Q1, 2015 | Q2, 2015 | Q3, 2016 | Q1, 2016 | Q2, 2016 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 227.6 m | 256.1 m | 161.4 m | 199.4 m | 87.1 m | 94.4 m | 145.7 m | 118.5 m | 124.8 m |
Inventories | 78.6 m | 68.9 m | 72.3 m | 90.2 m | 80.5 m | 75.9 m | 89.8 m | 80.1 m | 79.6 m |
Current Assets | 386.1 m | 400.8 m | 329.2 m | 382 m | 236.4 m | 250 m | 310.3 m | 277 m | 295.3 m |
Goodwill | 89.8 m | 89.8 m | 126.7 m | 143.8 m | 143.8 m | 143.8 m | 143.8 m | 164.9 m | 164.9 m |
Accounts Payable | 41.9 m | 41.5 m | 43.8 m | 48.8 m | 43.5 m | 39.2 m | 41.5 m | 39.4 m | 41.8 m |
Current Liabilities | 78.8 m | 72.5 m | 77 m | 96.5 m | 76.2 m | 71.8 m | 92.8 m | 69.8 m | 92.3 m |
Retained Earnings | 1.2 b | 1.2 b | 1.2 b | 1.2 b | 1.1 b | 1.1 b | 1.2 b | 1.2 b | 1.2 b |
Total Equity | 540.1 m | 561.3 m | 569.4 m | 596.7 m | 482.6 m | 498.5 m | 534.5 m | 559.5 m | 559.2 m |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 75 m | 101.7 m | 121.8 m |
Depreciation and Amortization | 20.4 m | 21.1 m | 24.1 m |
Inventories | 1.1 m | 366 k | 1.8 m |
Cash From Operating Activities | 129.1 m | 132.8 m | 142.6 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) |
| USD | Q1, 2014 | Q2, 2014 | Q3, 2015 | Q1, 2015 | Q2, 2015 | Q3, 2016 | Q1, 2016 | Q2, 2016 | Q3, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 22.8 m | 33 m | 20.4 m | 27.6 m | 34.5 m | 29 m | 33.4 m | 39 m | 14.5 m |
Accounts Payable | 41.9 m | 41.5 m | 43.8 m | 48.8 m | 43.5 m | 39.2 m | 41.5 m | 39.4 m | 41.8 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 108.8 k |
