Lancaster Colony Reports Third Quarter Sales and Earnings

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal third quarter ended March 31, 2024. Summary Consolidated net sales increased 1.4% to a third quarter record $471.4 million versus $464.9 million last year. Retail net sales improved 0.3% to $248.1 million while Foodservice net sales grew 2.6% to $223.4 million. Consolidated gross profit increased $10.3 million, or 10.9%, to $104.5 million driven by favorability in our