Lancaster Colony Corporation (LANC) CEO Dave Ciesinski on Q1 2019 Results - Earnings Call Transcript

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Q1: 2018-10-25 Earnings Summary

EPS of $1.42 beats by $0.15
 | Revenue of $316.65M (5.93% Y/Y) beats by $6.10M

Lancaster Colony Corporation (LANC) Q1 2019 Earnings Conference Call October 25, 2018 10:00 AM ET

Executives

Dale Ganobsik - VP, IR and Treasurer
David Ciesinski - President and CEO
Douglas Fell - VP, CFO and Assistant Secretary

Analysts

Michael Gallo - CL King
Frank Camma - Sidoti
Brian Holland - Consumer Edge Research

Operator

Good morning. My name is Denise and I will be your conference call facilitator today. At this time, I’d like to welcome everyone to the Lancaster Colony Corporation Fiscal Year 2019 First Quarter Conference Call. Conducting today’s call will be Dave Ciesinski, President and CEO; and Doug Fell, Vice President and CFO. All lines have been placed on mute to prevent any background noise. After the speakers have completed their prepared remarks, there will be a question-and-answer session period. [Operator Instructions] Thank you.

And now to begin the conference call, here is Dale Ganobsik, Vice President of Investor Relations and Treasurer for Lancaster Colony Corporation.

Dale Ganobsik

Thank you, Denise. Good morning everyone and thank you for joining us today for Lancaster Colony’s fiscal year 2019 first quarter conference call. Let me begin by reminding everyone that our discussion this morning may include forward-looking statements, which are subject to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.

These statements are subject to a number of risks and uncertainties that could cause actual results to differ materially, and the company undertakes no obligation to update these statements based upon subsequent events. A detailed discussion of these risks and uncertainties is contained in the company’s filings with the SEC. Also note that the audio replay of this call will be archived and available at our company’s website, lancastercolony.com, later this afternoon.

With that said, I’ll now turn the call over to Lancaster Colony’s President

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