108.93
+3.81%
Close of 9 Nov 2026, in USD
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About Marzetti
From its filings with the US Securities and Exchange Commission
Marzetti is based in Westerville, Ohio and is incorporated in Ohio. Its shares trade on Nasdaq under the ticker MZTI. The SEC classifies its business as canned, frozen & preservd fruit, veg & food specialties. In the fiscal year to 30 June 2026, it reported revenue of $1.93bn and net income of $191.6m. At that date it held total assets of $1.61bn and shareholders' equity of $1.05bn.
The Marzetti Company, an Ohio corporation, is a manufacturer and marketer of specialty food products for the retail and foodservice channels. Our principal executive offices are located at 380 Polaris Parkway, Suite 400, Westerville, Ohio 43082 and our telephone number is 614-224-7141. The Marzetti Company was formerly known as Lancaster Colony Corporation. This change was effective June 27, 2025.
Our vision is to be The Better Food Company – the industry leader in creating great tasting food and cultivating deep and lasting relationships with customers and consumers – while fulfilling our corporate purpose To Nourish Growth With All That We Do.
3.Expand our core business with our Retail licensing program and complementary mergers and acquisitions.
We also manufacture and sell other products pursuant to brand license agreements, including Chick-fil-A® sauces and dressings, Olive Garden® dressings, Buffalo Wild Wings® sauces, Texas Roadhouse® steak sauces and frozen rolls, and Subway® sauces. Additionally, a small portion of our Retail sales are products sold under private label to retailers.
Quoted from its 10-K, filed 25 Aug 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Staples
- Industry
- Food Products
- Listed since
- 17 Mar 1980
- Employees
- 3,700
- Website
- lancastercolony.com ↗
- Head office
- 380 POLARIS PARKWAY, WESTERVILLE, OH, 43082
- Incorporated in
- OH
- Classification
- Canned, Frozen & Preservd Fruit, Veg & Food Specialties
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Alan HarrisIndependent Chairman of the Board$271,881
- Mr. David CiesinskiPresident, Chief Executive Officer, Director, since 2016$5.4m
- Mr. Thomas PigottChief Financial Officer, Vice President, Assistant Secretary$2.0m
- Ms. Kristin BirdPresident, Foodservice Division of T. Marzetti Company$1.4m
- Mr. Carl StealeyPresident, Retail Division of T. Marzetti Company$1.4m
- Mr. Luis VisoChief Supply Chain Officer of T. Marzetti Company$1.3m
- Mr. John GerlachDirector, since 1985$754,634
- Ms. Zena ArnoldIndependent Director$189,960
- Ms. Barbara BrasierIndependent Director$224,381
- Mr. Robert FoxIndependent Director$216,881
- Mr. Elliot FullenIndependent Director$223,131
- Mr. Michael KeownIndependent Director$212,506
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 26
- Environment
- 4
- Social
- 47
- Governance
- 28
- Women in the workforce
- 36%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Lancaster Colony Corp has several strengths that contribute to its success in the market. Firstly, the company boasts a diverse portfolio of high-quality food products, ranging from specialty foods to household items. This variety allows the company to appeal to a wide range of consumers and cater to different market segments. Secondly, Lancaster Colony Corp has a strong brand reputation built on trust and quality. This helps in establishing customer loyalty and gaining a competitive edge in the market. Finally, the company has a robust distribution network that ensures its products are widely available to consumers, which enhances its market reach and sales potential.
Weaknesses
- Despite its strengths, Lancaster Colony Corp also faces certain weaknesses that hinder its growth potential. One notable weakness is the company's reliance on a limited number of key customers. Any loss or reduced business from these customers could significantly impact its financial performance. Additionally, the company may face challenges in keeping up with rapidly changing consumer preferences and market trends. This could result in difficulties in introducing new products or adapting to evolving customer demands.
Opportunities
- Lancaster Colony Corp has several opportunities to explore for future growth. Firstly, the increasing consumer awareness of health and wellness presents an opportunity for the company to expand its portfolio of healthier food products. This would cater to the growing demand for nutritious options and attract health-conscious consumers. Furthermore, the company can leverage advancements in technology and e-commerce to expand its online presence, reach new customers, and enhance its distribution capabilities. Additionally, Lancaster Colony Corp can consider exploring international markets to tap into new consumer bases and expand its global footprint.
Threats
- Lancaster Colony Corp faces several threats that could impact its business operations. Firstly, intense competition in the food industry could lead to price wars and erode the company's market share. It is crucial for Lancaster Colony Corp to continuously innovate and maintain its competitive edge to mitigate this threat. Moreover, changing regulations and compliance requirements may pose challenges for the company, especially in terms of product labeling, food safety, and environmental sustainability. Additionally, economic downturns or fluctuations in raw material prices could impact the cost of production, potentially affecting the company's profit margins.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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