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.