Alton Stump's questions to LANC leadership • Q4 2025
Question
The analyst asked for modeling guidance on the temporary supply agreement revenue and for the company's perspective on how the current consumer environment will separately impact its retail and foodservice segments.
Answer
The company confirmed the temporary supply agreement revenue will be consistent for the first three quarters of FY26 but advised analysts to exclude it from models for a cleaner organic projection. They are cautiously optimistic about the consumer, expecting sequential improvement in foodservice and growth in retail driven by a strong new product pipeline. The overall FY26 outlook is for low-single-digit revenue growth, mid-single-digit operating income growth, and gross margin expansion of around 50 basis points.