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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 11, 2020
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Lancaster Colony Corporation | | |
(Exact name of registrant as specified in its charter) | | |
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Ohio | 000-04065 | 13-1955943 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
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380 Polaris Parkway | Suite 400 | |
Westerville | Ohio | 43082 |
(Address of principal executive offices) | | (Zip Code) |
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Registrant’s telephone number, including area code: | (614) | 224-7141 |
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(Former name or former address, if changed since last report.) | | |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | Trading Symbol | Name of each exchange on which registered |
Common Stock, without par value | LANC | NASDAQ Global Select Market |
Item 7.01 Regulation FD Disclosure
Lancaster Colony Corporation (“the Company”) will be the sole supplier of Chick-fil-A® sauces in conjunction with a regional pilot test by Chick-fil-A, Inc. to sell its popular sauces through the retail channel. The Company is scheduled to commence shipments of sauces for this regional pilot test the week of March 16, 2020. Beyond the regional pilot test, the Company will have exclusive rights under a license agreement to distribute Chick-fil-A sauces to retail grocery stores in the United States. The Company has a long-standing relationship as a supplier of sauces and bread products to Chick-fil-A which helped to position the Company for this new opportunity. The anticipated impact of the pilot test on the Company’s financial results for the current fiscal year ending June 30, 2020 was considered in the outlook commentary the Company shared during our most recent earnings call on February 4, 2020. The impact of this opportunity on the Company’s financial results beyond the current fiscal year is subject to the pilot test results.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | LANCASTER COLONY CORPORATION | |
| | | (Registrant) | |
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Date: | March 11, 2020 | | By: | /s/ THOMAS K. PIGOTT |
| | | | Thomas K. Pigott |
| | | | Chief Financial Officer and Assistant Secretary |
| | | | (Principal Financial and Accounting Officer) |