Lancaster Colony earnings drop 10% in year
date:Aug 24, 2012
om $256,034,000.
Full-year operating income within Lancasters Specialty Foods segment fell 2% to $151,479,000, while sales in the division increased 7% to $988,937,000 from $922,856,000. For the fourth quarter, operating income in the segment rose 23% to $41,969,000, while sales rose 8% to $230,317,000.
We are pleased to conclude fiscal 2012 with solid fourth-quarter improvements in sales and operating income despite the year-long challenge of generally higher material costs, said John B. Gerlac
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