LANC Stock Recent News

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.

Here is how Lancaster Colony (LANC) and Nomad Foods (NOMD) have performed compared to their sector so far this year.

Lancaster Colony Corporation is a specialty food products manufacturer and marketer with a strong presence in major restaurant chains. The company is focused on increasing its influence in the retail market and expanding its operations. LANC's financial strength and stable dividend make it a secure investment, but its margins and expansion plans need to be closely monitored.

Stocks like Post Holdings (POST), Lancaster Colony (LANC), Lamb Weston (LW), Tyson Foods (TSN) and The Simply Good Foods Company (SMPL) are likely to benefit from the jump in online grocery sales.

Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Lancaster Colony (LANC), On Holding (ONON), Rent the Runway (RENT), 5E Advanced Materials (FEAM) and Motus GI (MOTS).

Lancaster Colony (LANC) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.45 per share a year ago.

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its first quarter fiscal year 2024 financial results prior to the opening of the market on Thursday, November 2, 2023. 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 o.

Lancaster Colony Corporation has raised its annual dividend payout for 59 consecutive years. The stock is currently in a downtrend, but lower prices may benefit long-term income investors if proceeds are invested aggressively. Lancaster's dividend yield is higher than its 5-year average, and its dividend growth rates surpass the sector average.

Lancaster Colony's latest results weren't as good as the market had hoped. Management says it's been spending to update some business operations, but this spend should mitigate in the future.