Marzetti
Makes dressings, sauces, breads and frozen foods for retailers and restaurant chains.
Something off on this page? Send us feedback.
Profile
Manufactures and sells dressings, dips, sauces, breads and frozen foods through U.S. Retail and Foodservice channels. Marzetti, New York Bakery, Sister Schubert’s and Bachan’s sit beside licensed restaurant products, while major retail and restaurant-chain customers anchor each channel.
Manufactures dressings, dips, sauces, breads, rolls and frozen pasta for U.S. retail and foodservice channels. Retail combines Marzetti, New York Bakery, Sister Schubert’s and Bachan’s with licensed restaurant products from Chick-fil-A, Olive Garden, Buffalo Wild Wings, Arby’s, Subway and Texas Roadhouse. Foodservice develops custom sauces, dressings, breads and rolls for national restaurant chains, largely through distributors.
Links culinary product development and restaurant relationships to retail licensing, while an integrated manufacturing, warehousing and distribution network serves both segments. Operations are concentrated in the United States and depend on retailer shelf space, restaurant-chain demand, licensed-brand relationships, agricultural inputs and food-safety compliance. Walmart anchors Retail, while Chick-fil-A is a major Foodservice account without long-term purchase commitments.
Company facts
Key statistics
Year to date −30.2% · Average volume (30d) 324.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 26, 2026 | D.A. Davidson | Target | $179 | $130 | |
| May 6, 2026 | Stephens | Target | $160 | $140 | |
| Apr 27, 2026 | Stephens | Target | $180 | $160 | |
| Feb 4, 2026 | Stephens | Target | $200 | $180 | |
| Oct 28, 2025 | DA Davidson | Reiterate | Neutral | $179 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 25, 2026Q4 FY26 | $1.40 | $1.46 | +4.3% | $479.0M | $465.0M | −2.9% | +1.37% |
| May 4, 2026Q3 FY26 | $1.57 | $1.47 | −6.4% | $463.9M | $453.4M | −2.3% | +2.14% |
| Feb 3, 2026Q2 FY26 | $2.23 | $2.20 | −1.3% | $519.7M | $518.0M | −0.3% | −3.13% |
| Nov 4, 2025Q1 FY26 | $1.70 | $1.74 | +2.4% | $474.3M | $493.5M | +4.1% | +0.36% |
Financial highlights
| 12 quarters | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $457.8M | $475.4M | $493.5M | $518.0M | $453.4M | $475.4M | |
| Gross profit | $106.0M | $106.1M | $118.8M | $137.3M | $107.2M | $106.1M | |
| Operating income | $49.9M | $38.9M | $60.4M | $76.9M | $46.6M | $44.0M | |
| Net income | $41.1M | $32.5M | $47.2M | $59.1M | $37.1M | $32.5M | |
| Diluted EPS | $1.49 | $1.18 | $1.71 | $2.15 | $1.35 | $1.18 | |
| Gross margin | 23.1% | 22.3% | 24.1% | 26.5% | 23.6% | 22.3% | |
| Operating margin | 10.9% | 8.2% | 12.2% | 14.8% | 10.3% | 9.3% |
Fiscal years (4-quarter sums)FY22 $1.68B · FY23 $1.82B · FY24 $1.87B · FY25 $1.91B · FY26 $1.94B
Revenue by product · Q4 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $161.5M · Total debt $55.6M · Total assets $1.27B · Shareholders' equity $998.5M
Dividends
Raised for 38 straight years — most recently to $1.00 from $0.95 in Dec 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 5, 2026 | Jun 5 | Jun 30 | $1.00 | |
| Mar 6, 2026 | Mar 6 | Mar 31 | $1.00 | |
| Dec 5, 2025 | Dec 5 | Dec 31 | $1.00 | raised from $0.95 |
| Sep 8, 2025 | Sep 8 | Sep 30 | $0.95 | |
| Jun 6, 2025 | Jun 6 | Jun 30 | $0.95 | |
| Mar 7, 2025 | Mar 7 | Mar 31 | $0.95 | |
| Dec 5, 2024 | Dec 5 | Dec 31 | $0.95 | raised from $0.90 |
| Sep 9, 2024 | Sep 9 | Sep 30 | $0.90 |
Ownership
Shares outstanding 27.42M · Float 19.65M · 71.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| John B. Gerlach, Jr. | 1.44M | 5.20% | 13G | Feb 11, 2025 |
| Vanguard Portfolio Management | 1.40M | 5.11% | 13G | Jul 31, 2026 |
| Robert L. Fox · director | 245.7K | 0.90% | Form 4 | Jan 7, 2026 |
| David Alan Ciesinski · director, officer: President and CEO | 59.5K | 0.22% | Form 4 | Aug 28, 2026 |
| Thomas K. Pigott · officer: VP, CFO and Asst. Secretary | 18.0K | 0.07% | Form 4 | Aug 28, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 10, 2026 | Thomas K. Pigott | officer: VP, CFO and Asst. Secretary | +900 | $109.01 |
| Jun 11, 2026 | Luis Viso | officer: Chief Supply Chain Officer | −1,221 | $109.31 |
Peers
- Kraft Heinz
Scaled sauces, dressings, condiments, and foodservice rival
- McCormick & Company
Flavor leader across sauces, dressings, and foodservice
- Campbell's
Pasta sauces, frozen meals, bakery, and foodservice overlap
- Conagra Brands
Frozen foods, shelf-stable sauces, and foodservice competitor
- General Mills
Foodservice bakery and refrigerated / frozen dough rival
- B&G Foods
Specialty grocery, sauces, spices, and frozen-food overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Marzetti | $114.84 | −0.03% | $3.15B | 18.0 | 16.9 | 1.6 | −2.2% |
| Kraft Heinz | $25.72 | +0.13% | $30.47B | — | 12.9 | 1.2 | −1.4% |
| McCormick & Company | $55.34 | +0.07% | $14.88B | 9.2 | 17.9 | 2.0 | +16.7% |
| Campbell's | $23.49 | +0.43% | $6.98B | 11.5 | 12.5 | 0.7 | −4.4% |
| Conagra Brands | $16.05 | −0.22% | $7.70B | — | 10.7 | 0.7 | +3.6% |
| General Mills | $41.13 | −1.02% | $22.18B | — | 13.7 | 1.2 | +1.2% |
| B&G Foods | $3.51 | −0.28% | $285.7M | — | 7.2 | 0.2 | −9.7% |
| Median | 10.4 | 12.7 | 1.0 | −0.1% |