I Have Soured On Lancaster Colony

EzumeImages August 22nd was a bad day for shareholders of Lancaster Colony Corporation (NASDAQ:LANC). The company, which produces and sells food products like frozen breads, refrigerated dressings, dips, croutons, and more, saw its share price plummet by 12.3%. This decline came after management reported financial results covering the final quarter of the company's 2024 fiscal year. Investors were clearly unhappy with the fact that revenue, earnings, and adjusted earnings, all fell short of analysts' foreca ...