Shares of Marzetti (MZTI) are soaring 6.32% in Tuesday's pre-market trading session following the release of the company's impressive first-quarter financial results. The food processing company reported record sales and higher net income, exceeding analyst expectations and boosting investor confidence.
Marzetti announced a consolidated net sales of $493.5 million for its fiscal first quarter ended September 30, 2025, marking a 5.8% increase from the prior year. This figure surpassed the analyst consensus estimate of $474.3 million by 4.08%. The company's earnings per share (EPS) came in at $1.71, beating the FactSet estimate of $1.70 and showing a significant improvement from $1.62 in the same period last year.
The strong performance was driven by growth in both the Retail and Foodservice segments. Retail segment net sales increased 3.5% to $247.8 million, while Foodservice segment net sales grew 8.2% to $245.6 million. The company's adjusted operating income rose 8.1% to $60.4 million, reflecting higher gross profit and ongoing cost savings programs. Despite $1.1 million in restructuring charges related to a facility closure, Marzetti's overall financial health appears robust, leading to the positive market reaction.
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