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Lancaster Colony earnings drop 10% in year
date:Aug 24, 2012
Net income at Lancaster Colony Corp. in the fiscal year ended June 30 fell 10% to $95,808,000, equal to $3.51 per share on the common stock. This compared with income of $106,364,000, or $3.64, in fiscal 2011. Net sales totaled $1,131,359,000 in fiscal 2012, up 4% from $1,089,946,000 in fiscal 2011.
For the fourth quarter ended June 30, net income was $25,955,000, or 95c per share, down 11% from $29,293,000, or $1.07 per share, in the same period a year ago. Net sales were $273,959,000, up 7% fr

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