Marzetti publishes fiscal 2027 first-quarter earnings call transcript
LANC•LANC•LANC•LANC•Marzetti reported fiscal first-quarter net sales down 2.4% to $481.5 million and operating income down 30.1% to $41.4 million. It lowered its full-year gross margin expansion outlook to 25–75 basis points while keeping sales growth expectations at mid-single digits.
Marzetti held its fiscal 2027 first-quarter earnings call on November 3, 2026, with CEO David A. Ciesinski and CFO Thomas K. Pigott. Management lowered full-year gross margin expansion expectations to 25–75 basis points and expects flat margins in the second quarter, while keeping full-year sales growth expectations at mid-single digits, including Bachan’s, with growth expected to accelerate in the second half. Freight costs reduced quarterly margins by 120 basis points; cyclospora reduced revenue by approximately 300 basis points, though its impact has moderated.
