Recent Updates — MZTI
The Marzetti Company reported fourth quarter and fiscal year results for the period ended June 30, 2026. Fourth quarter net sales declined 2.2% to $465.0 million, with adjusted sales increasing 0.4% excluding non-core TSA revenue; diluted EPS rose to $1.76 from $1.18, driven by a record gross profit of $114.0 million and an $18.5 million gain on the sale of its Milpitas property. The company acquired Bachan’s Inc., adding $15.4 million in retail sales, while financing part of the purchase with a $200 million term loan that incurred $1.8 million in interest expense. For the full fiscal year, net sales grew 1.1% to $1.93 billion and net income increased to $191.6 million ($6.98 diluted EPS). The company also announced an increase in its regular quarterly cash dividend for the 63rd consecutive year. The Marzetti Company is a manufacturer and marketer of specialty food products, including sauces, dressings, and bakery items, for retail and foodservice channels.
The Marzetti Company declared a quarterly cash dividend of $1.00 per common share, payable on September 30, 2026 to shareholders of record as of September 8, 2026. This maintains the higher level set nine months ago and marks the company’s 63rd consecutive year of increased regular cash dividends. The Board also scheduled the annual meeting for November 11, 2026. The Marzetti Company is a manufacturer and marketer of specialty food products for retail and foodservice channels.