Lancaster Colony traded at $109.13 this Friday October 23rd, decreasing $3.20 or 2.85 percent since the previous trading session. Looking back, over the last four weeks, Lancaster Colony lost 7.90 percent. Over the last 12 months, its price fell by 34.47 percent. Looking ahead, we forecast Lancaster Colony to be priced at 106.82 by the end of this quarter and at 100.17 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels. The Company operates through two segments: Retail and Foodservice. The Retail segment offers products in grocery produce departments through its refrigerated salad dressings, vegetable dips and fruit dips. Its flatbread products and sprouted grain bakery products are generally placed in the specialty bakery/deli section of the grocery store. Its products marketed in the shelf-stable section of the grocery store includes salad dressings, slaw dressing, sauces, and croutons. Within the frozen food section of the grocery store, it sells yeast rolls, garlic breads and mini stuffed bagels. The Foodservice segment offers custom-formulated food that includes salad dressings, sandwich and dipping sauces, frozen breads, and yeast rolls. Its Foodservice sales are products sold under private label to restaurants.