Technical Analysis for LANC - Lancaster Colony Corporation

Lancaster Colony Corporation engages in the manufacture and marketing of consumer products focusing primarily on specialty foods for the retail and foodservice markets in the United States. The company operates in two segments: Specialty Foods; and Glassware and Candles. The Specialty Foods segment manufactures and sells food products, including salad dressings and sauces under the Marzetti, T. Marzetti, Cardini's, Pfeiffer, Simply Dressed, and Girard's brands; fruit glazes, vegetable dips, and fruit dips under T. Marzetti brand; Greek yogurt vegetable dips under the Otria brand; frozen breads under New York BRAND and Mamma Bella brands; frozen Parkerhouse style yeast dinner rolls and sweet rolls, as well as biscuits under the Sister Schubert's, Marshall's, and Mary B's brands; premium dry egg noodles under the Inn Maid and Amish Kitchen brands; frozen specialty noodles and pastas under the Reames and Aunt Vi's brands; croutons and related products under the New York BRAND, Texas Toast, Chatham Village, Cardini's, and T. Marzetti brands; and caviar under the Romanoff brand. This segment markets its products through sales personnel, food brokers, and distributors to retail, club store, foodservice, and industrial markets. The Glassware and Candles segment produces and markets candles, candle accessories, and other home fragrance products in various sizes, forms, and fragrances in retail markets to mass merchants, supermarkets, drug stores, and specialty shops under the Candle-lite brand name. This segment also sells candles, glassware, and various other products to customers in commercial markets consisting of restaurants, hotels, hospitals, and schools. The company was founded in 1961 and is based in Columbus, Ohio.