Lancaster Colony Corporation

NASDAQ LANC

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Lancaster Colony Corporation Market Capitalization on June 03, 2024: USD 5.10 B

Lancaster Colony Corporation Market Capitalization is USD 5.10 B on June 03, 2024, a -7.34% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Lancaster Colony Corporation 52-week high Market Capitalization is USD 5.71 B on February 29, 2024, which is 11.94% above the current Market Capitalization.
  • Lancaster Colony Corporation 52-week low Market Capitalization is USD 4.39 B on September 08, 2023, which is -13.97% below the current Market Capitalization.
  • Lancaster Colony Corporation average Market Capitalization for the last 52 weeks is USD 5.03 B.
NASDAQ: LANC

Lancaster Colony Corporation

CEO Mr. John B. Gerlach Jr.
IPO Date March 26, 1990
Location United States
Headquarters 380 Polaris Parkway, Westerville, OH, United States, 43082
Employees 3,400
Sector Consumer Defensive
Industry Packaged foods
Description

Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.

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StockViz Staff

September 16, 2024

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