Lancaster Colony (LANC) shares fell 1.5% in early Thursday trading after reporting lower-than-expected fiscal Q1 results.
The company reported fiscal Q1 net income pre-bell of $1.62 per diluted share, up from $1.59 a year earlier.
Analysts polled by Capital IQ expected $1.67.
Net sales for the quarter ended Sept. 30 were $466.6 million, up from $461.6 million a year earlier.
Analysts surveyed by Capital IQ expected $468.4 million.
Price: 182.33, Change: -2.68, Percent Change: -1.45
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