Marzetti Reports Q1 2027 Sales Decline Amid Freight Costs and Cyclospora Outbreak
The Marzetti Company (MZTI) reported a 2.4% decline in consolidated net sales for the first quarter of 2027, totaling $481.5 million. CEO David Ciesinski attributed the quarterly performance to two primary headwinds: an outbreak involving cyclospora and a significant rise in freight costs. Despite these challenges, the company is targeting full-year margin growth of 25 to 75 basis points. Looking ahead, Marzetti expects positive momentum from new product placements, specifically noting that Chick-fil-A will begin carrying their spicy sauce on November 16.
Tickers: $MZTI
Topics: cyclospora outbreak earnings report freight costs net sales decline
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