Marzetti (MZTI) falls after Q1 revenue, EPS miss Wall Street estimates

The Marzetti Company (MZTI) shares fell after first-quarter revenue and earnings per share came in below Wall Street expectations, with management citing weak Retail volumes and weather-related disruptions in January and February. CEO David Ciesinski said flat sales reflected softness in refrigerated and produce dressings, adverse winter weather and tough comparisons against year-earlier club channel pipeline builds. Management also pointed to category weakness as a continuing headwind. Marzetti traded at $113.66 after the earnings update, down from $124.38 before the report. Investors are watching the contribution from Bachan’s, progress on new retail launches and club channel expansion, and whether cost-saving programs can offset inflation and support margins.