Marzetti Expects Fiscal 2027 Capital Expenditures of About $90 Million
Bitget2026/11/03 12:34- Marzetti expects fiscal 2027 capital expenditures of approximately $90 million.
- Moderate commodity inflation and elevated diesel and freight costs are expected to be largely or fully offset by pricing and cost savings.
- Retail sales should benefit from incremental Bachan's sales and new product launches; Bachan's contributed $17.8 million in first-quarter sales.
- Foodservice sales should remain supported by select quick-service restaurant customers, with a new Chick-fil-A spicy sauce launching nationwide November 16.
- First-quarter net sales declined 2.4% to $481.5 million, reflecting cyclospora-related disruption that has moderated in recent weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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