Lancaster Colony Says Retail Segment Sales Will Continue To Benefit From Volume Growth In FY25, With Overall Margin Improvement Through Cost Savings Programs
Portfolio Pulse from Benzinga Newsdesk
Lancaster Colony anticipates continued sales growth in its retail segment for FY25, driven by volume increases. The company also expects overall margin improvement through cost-saving initiatives.
August 22, 2024 | 11:43 am
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Lancaster Colony expects its retail segment sales to grow in FY25 due to increased volumes, alongside margin improvements from cost-saving measures.
The news indicates a positive outlook for Lancaster Colony's retail segment with expected sales growth and margin improvements. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100