The Marzetti Company (MZTI) Earnings: Q1 Fiscal 2027 Results and Next Report Date

The quarter ended September 30, 2026 and The Marzetti Company published the results on November 3, 2026. Revenue and diluted EPS are shown against Q1 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. The Marzetti Company reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted Diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• The Marzetti Company's fiscal year ends June 30, so Q1 fiscal 2027 is the quarter ended September 30, 2026. The company was formerly Lancaster Colony Corporation.
• The year-ago quarter includes $10.7 million of non-core Foodservice sales under a temporary supply agreement with Winland Foods, which ended during the quarter ended March 31, 2026.
• Bachan's, acquired May 1, 2026, added $17.8 million of Retail net sales in the quarter, and amortization of its intangible assets cut EPS by $0.07. Adjusted Diluted EPS excludes that amortization.

Source: The Marzetti Company Q1 fiscal 2027 results, November 3, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How The Marzetti Company splits revenue in its own release, under its own labels, for Q1 fiscal 2027 against Q1 fiscal 2026. Indented lines are parts of the line above them.

• The Marzetti Company's Retail revenue was $253 million in Q1 fiscal 2027, up 2% from $248 million in Q1 fiscal 2026, 52% of total revenue.
• The Marzetti Company's Foodservice revenue was $229 million in Q1 fiscal 2027, down 7% from $246 million in Q1 fiscal 2026, 48% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

The Marzetti Company gives no numeric revenue or earnings outlook. These are its CEO's remarks on the rest of the fiscal year, from the release.

In its Q1 fiscal 2027 release, The Marzetti Company said:

“Looking ahead to our fiscal second quarter and the remainder of the fiscal year, we anticipate Retail segment sales will continue to benefit from incremental sales attributed to the Bachan's acquisition in addition to contributions from new items that we recently launched or have planned for introduction later this year.”

“In the Foodservice segment, we expect sales to remain supported by select quick-service restaurant customers in our mix of national chain restaurant accounts.”

“We continue to anticipate a moderate level of commodity cost inflation, in addition to significantly higher diesel and freight costs, most or all of which we expect to mitigate through inflationary pricing and our cost savings programs as we remain focused on margin improvement.”

Source: The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026.

This is the company's own guidance as of Nov 3, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the MZTI forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and diluted EPS, each as first reported in that quarter's release.

The Marzetti Company's next report is expected around February 2, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q1 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q1 fiscal 2027 (this page), reported Nov 3, 2026

The Marzetti Company makes and markets specialty foods for grocery retail and restaurant foodservice. Net sales fell 2.4% to $481.5 million in Q1 fiscal 2027 from $493.5 million. Retail net sales rose 2.0% to $252.7 million, and Foodservice net sales fell 6.9% to $228.8 million. (The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

Two items distort the comparison. Bachan's, the Japanese barbecue sauce brand The Marzetti Company bought on May 1, 2026 for $399.3 million net of cash acquired, added $17.8 million of Retail sales, or 720 basis points of Retail growth. The year-ago quarter had $10.7 million of non-core sales under a temporary supply agreement with Winland Foods; excluding those, consolidated net sales fell 0.3% and Foodservice net sales fell 2.6%. (The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026; The Marzetti Company Form 10-Q, Q1 fiscal 2027, Nov 3, 2026)

A cyclospora outbreak hit both segments. The Marzetti Company estimates it cut Retail net sales by approximately 4%, through lower demand for its Retail dressing, dip and crouton products, and Foodservice net sales by approximately 2%. Retail volume in pounds shipped rose 0.4%, while Foodservice volume fell 7.6%. (The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

Retail sells owned brands such as Marzetti, Cardini's, Girard's, New York Bakery and Bachan's alongside licensed products, including Chick-fil-A sauces and dressings, Olive Garden dressings and Texas Roadhouse steak sauces and frozen rolls. Circana data cited by The Marzetti Company showed Texas Roadhouse dinner roll sales up 21.3% in the quarter. (The Marzetti Company Form 10-K, fiscal 2026, Aug 25, 2026; The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

Sales are concentrated. Walmart accounted for 18% of consolidated net sales in fiscal 2026, and The Marzetti Company says Chick-fil-A, which it supplies in Foodservice mostly through distributors, also represents a significant portion of consolidated net sales. (The Marzetti Company Form 10-K, fiscal 2026, Aug 25, 2026)

The Marzetti Company's diluted EPS fell to $1.07 from $1.71, and Adjusted Diluted EPS to $1.14 from $1.74. The only current-year adjustment is $2.4 million of amortization of Bachan's intangible assets, worth $0.07 per share. The year-ago adjustment was $1.1 million of restructuring and impairment charges from closing the Milpitas, California sauce and dressing plant. (The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

Gross margin fell 110 basis points to 23.0% because of lower production volumes, significantly higher diesel and freight costs, and commissioning costs for new capacity at the Atlanta, Georgia plant. SG&A rose $10.9 million to $69.3 million with Bachan's costs, and interest expense of $2.8 million on the $200 million term loan that partly financed Bachan's compares with none a year earlier. (The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

The effective tax rate rose to 24.4% from 22.4%. Diluted weighted average shares were 27,275 thousand against 27,494 thousand; The Marzetti Company bought 48,176 shares under its repurchase authorization in September 2026, leaving 775,408 shares authorized. The quarterly dividend rose to $1.00 per share from $0.95. (The Marzetti Company Form 10-Q, Q1 fiscal 2027, Nov 3, 2026; The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

The Marzetti Company does not give numeric revenue or EPS guidance. In the release its CEO said Retail sales should keep benefiting from Bachan's and new items, Foodservice sales should stay supported by select quick-service restaurant customers, and moderate commodity cost inflation plus significantly higher diesel and freight costs should be mostly or fully offset through pricing and cost savings. (The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

The CEO also said the cyclospora impact had moderated in recent weeks. (The Marzetti Company Q1 fiscal 2027 release, Nov 3, 2026)

A consensus figure is the average of the models published by the analysts who cover The Marzetti Company, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones The Marzetti Company's own release and filings put weight on for Q1 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning MZTI is on is MZTI a buy or a sell?, what analysts expect next is on the MZTI forecast, and what the company does is on the The Marzetti Company (MZTI) stock page.

Every number on this page can be traced to a document The Marzetti Company published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.