Lancaster Colony Reports Second Quarter Sales and Earnings

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company’s fiscal second quarter ended December 31, 2023. Summary Consolidated net sales increased 1.8% to a second quarter record $485.9 million versus $477.4 million last year. Retail net sales grew 2.0% to $264.0 million while Foodservice net sales advanced 1.5% to $221.9 million. Consolidated gross profit increased $19.4 million, or 19.0%, to a second quarter record $121.5 million.