Lancaster Colony Reports Fiscal Year And Fourth Quarter Results
September 2, 2004
Lancaster Colony Corp. recently reported that net income for the fiscal year ended June 30, 2004, totaled $80,002,000, compared to $112,546,000 earned in the preceding fiscal year. Diluted earnings per share were $2.24, compared to $3.11 a year ago. Net sales for the most recent fiscal year were $1,097 million, compared to $1,107 million last year. Fourth quarter net income of $17,607,000, or 49 cents per basic and diluted share, compares with net income of $21,964,000, or 61 cents per basic and diluted share, for the corresponding quarter a year ago. Fourth quarter net sales increased 2% to $270 million vs. net sales of $264 million in the fourth quarter last year.
Replays of a recent fourth quarter conference call webcast are available at http://www.lancastercolony.com