🟢 Marzetti is trading 5% up in pre-market after adjusted EPS beat estimates

Marzetti is trading 5.39% up now at $122.00 after reporting fiscal fourth-quarter adjusted EPS of $1.46, above the $1.40 consensus estimate.

• Record gross profit reached $114.0 million, while gross margin expanded 220 basis points to 24.5%.
• Revenue declined 2.2% to $465.0 million, missing expectations.
• The pre-market reaction appears focused on profitability and cost efficiency.