NASDAQ:BTO 29 December 2025 - 12 January 2026

June 29, 2026, 6:07 PM EDT. The Marzetti Company (NASDAQ:MZTI) kept Q1 revenues flat at $451.8 million, coming in 2.6% below where analysts were looking. EPS and EBITDA both fell in the quarter. CEO David A. Ciesinski said gross profit hit a record, pushed up by frozen bread and dinner roll sales, though overall net sales declined thanks to weaker categories and less demand from club stores. Foodservice posted a small sales gain. Marzetti shares dropped 6.8% after the report, closing at $115.92. The broader shelf-stable food group-17 stocks-had mixed Q1s, with average share prices off 3.2% and next-quarter revenue guidance 11.6% lower, pointing to more trouble across the sector.