LANC Stock Recent News

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2024 financial results prior to the opening of the market on Thursday, August 22, 2024. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, cli.

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable June 28, 2024 to shareholders of record on June 7, 2024. The quarterly cash dividend amount of 90 cents per share maintains the higher level set six months ago, which marked the company's 61st consecutive year of increased regular cash dividends. Lancaster Colony is one of only 13 U.S. companies w.

Lancaster Colony (LANC) possesses solid growth attributes, which could help it handily outperform the market.

Lancaster Colony (LANC) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $0.89 per share a year ago.

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its third quarter fiscal year 2024 financial results prior to the opening of the market on Thursday, May 2, 2024. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, www.lancastercolony.com, click on the.

Americans are concerned about the economy's future as a jump in inflation this year is denting their confidence. Consumer sentiment has ebbed from its highs at the beginning of this year.

Inflation has started its climb, raising concerns over the Federal Reserve's plans for rate cuts. It would be wise to invest in utilities and consumer staples stocks such as ATO, AWK, GWRS and LANC.

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. The Progressive (PGR), Strategic Education (STRA), Lancaster (LANC) & Sprouts Farmers (SFM) are well-poised to gain.

Here is how Lancaster Colony (LANC) and Colgate-Palmolive (CL) have performed compared to their sector so far this year.

From a technical perspective, Lancaster Colony Corporation (LANC) is looking like an interesting pick, as it just reached a key level of support. LANC's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.