MARZETTI CO (MZTI) Form 8-K — Aug 25, 2026
The Marzetti Company reported fiscal Q4 2026 results on August 25, 2026: net sales fell 2.2% to $465.0 million, though sales rose 0.4% excluding $12.2 million of prior-year non-core TSA sales. Gross profit rose $7.9 million to a fourth-quarter record $114.0 million, lifting gross margin 220 basis points to 24.5% on cost savings programs. Adjusted diluted EPS grew 9.0% to $1.46 from $1.34, while GAAP diluted EPS of $1.76 versus $1.18 was flattered by an $18.5 million gain on the sale of the closed Milpitas, California facility. Acquisition-related SG&A costs and Bachan's amortization trimmed a combined $0.36 from the quarter's EPS.
Key figures
- Eps
- $6.98 diluted (FY2026); $1.76 diluted (Q4 FY2026)
- Revenue
- $1.93 billion (FY2026, +1.1% YoY)
- Net Income
- $191.6 million (FY2026); $48.3 million (Q4 FY2026)
- Total Debt
- $199.3 million ($189.3M long-term + $10.0M current portion)
- Total Assets
- $1.61 billion (June 30, 2026)
- Cash Position
- $25.1 million (June 30, 2026)
- Q4 Net Sales
- $465.0 million (-2.2% reported; +0.4% adjusted ex-TSA)
- Q4 Gross Margin
- 24.5%, up 220 basis points
- Q4 Gross Profit
- $114.0 million (fourth-quarter record)
- Fy Dividends Paid
- $108.8 million
- Fy Operating Income
- $238.7 million
- Q4 Interest Expense
- $1.8 million vs none prior year
- Q4 Operating Income
- $57.7 million (+$18.8 million)
- Fy Share Repurchases
- $36.3 million
- Acquisition Term Loan
- $200 million
- Fy Operating Cash Flow
- $283.8 million (record, +$22.3 million)
- Fy Adjusted Diluted EPS
- $6.83 vs $6.72 (+1.6%)
- Q4 Adjusted Diluted EPS
- $1.46 vs $1.34 (+9.0%)
- Dividend Increase Streak
- 63 consecutive years
- Bachans Acquisition Close
- May 1, 2026
- Milpitas Property Sale Gain
- $18.5 million
- Bachans Incremental Q4 Sales
- $15.4 million (~320 bps of consolidated growth)
- Fy SGAAcquisition Costs Drag
- $11.3 million ($0.41/diluted share)
Price after filing
Close on the filing date to close N calendar days later (from $115.76). Historical, not a forecast.
AI analysis
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