The Marzetti Company

What The Marzetti Company does

The Marzetti Company is a publicly traded specialty food manufacturer headquartered in Westerville, Ohio, listed on Nasdaq under ticker MZTI following a July 2025 rebrand from Lancaster Colony Corporation. The company operates a dual-channel model spanning retail (grocery, mass merchants, club stores, natural food channels) and foodservice (restaurant chains and institutional operators), selling sauces, dressings, dips, frozen breads, rolls, noodles, pasta, croutons, and caviar under a portfolio of 10 owned brands (Marzetti, New York Bakery, Sister Schubert's, Reames, Girard's, Cardini's, Inn Maid, Amish Kitchens, Chatham Village, Romanoff) and six exclusive restaurant licensing partnerships (Chick-fil-A, Buffalo Wild Wings, Olive Garden, Arby's, Subway, Texas Roadhouse). Production is distributed across facilities in Ohio, Iowa, Alabama, and California (Bachan's post-acquisition), with notable technical capability including a patent-pending gluten-free bread process and continuous product innovation (Protein Ranch, Simply Dressed, gluten-free Texas Toast).

Revenue is generated through wholesale and retail distribution of branded packaged goods and through licensing arrangements where the company manufactures and distributes restaurant-branded consumer products (functioning as branded manufacturing rather than passive royalty streams). Bachan's, a Japanese-American barbecue sauce brand acquired for $400M on May 1, 2026, adds premium clean-label positioning with ~$87M FY2025 sales and 48% historical CAGR. Q2 FY2026 net sales were $518.0M (+1.7% YoY); Q3 FY2026 net sales were $453.4M (-1.0% YoY), with retail volume declining 5.6% in Q3 but 11 consecutive quarters of gross margin expansion. The company also carries 63 consecutive years of dividend increases and exited Q3 FY2026 debt-free with >$218M cash after funding Bachan's with cash and a $200M term loan.

Name

The Marzetti Company

Legal name

The Marzetti Company

Website

https://marzetticompany.com

Company type

Public

Founded year

1896

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Marzetti Company is a publicly traded specialty food manufacturer (Nasdaq: MZTI) producing sauces, dressings, dips, frozen breads, noodles, pasta, and caviar through 10 owned brands and 6 exclusive restaurant licensing partnerships, serving retail and foodservice channels in the United States.

Ownership category

akta.pro rank

NAICS

Food Manufacturing (311), Frozen Specialty Food Manufacturing (311412)

SIC

Food And Kindred Products (2000), Miscellaneous Food Preparations & Kindred Products (2090), Bakery Products (2050)

akta.pro primary industry

Specialty & Functional Packaged Foods (Gluten-Free, Keto, Organic, Medical/Allergen-Friendly) (CRADAAAI)

akta.pro secondary industry

Pesto, Cooking Pastes & Concentrated Flavor Bases Manufacturing (AFAKADAN)

Keywords

• Specialty food manufacturing
• Refrigerated salad dressings
• Frozen breads and rolls
• Foodservice distribution
• Licensed restaurant brands

Headquarters

HQ city

Westerville

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Retail Product Sales: The company manufactures and sells branded and licensed food products through retail grocery channels. Products include salad dressings, dips, frozen breads, rolls, noodles, and sauces sold under owned brands (Marzetti, New York Bakery, Sister Schubert's, etc.) and licensed brands (Chick-fil-A, Buffalo Wild Wings, Olive Garden, etc.). Revenue is generated through wholesale and retail distribution.
2. Foodservice Sales: The company supplies sauces, dressings, breads, and pasta to restaurant chains and foodservice operators. The Foodservices segment generated $240.4 million in Q2 FY2026 (5.2% growth), and $219.6 million in Q3 FY2026 (1.5% growth). Products are sold through major distributors to restaurant operators.
3. Brand Licensing Royalties (inbound): The company holds exclusive licensing agreements with restaurant brands (Chick-fil-A, Buffalo Wild Wings, Olive Garden, Arby's, Subway, Texas Roadhouse) to produce and sell consumer packaged goods at retail. These agreements generate revenue through product sales rather than passive royalties, with the company bearing manufacturing and distribution costs.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

The Marzetti Company manufactures and sells branded and licensed specialty food products, including refrigerated salad dressings, dips, croutons, frozen breads, rolls, frozen egg noodles, pasta, caviar, and sauces. It sells through two channels: retail grocery (mass merchants, supermarkets, club, and natural stores) under owned brands such as Marzetti, New York Bakery, Sister Schubert's, Reames, Girard's, Cardini's, Inn Maid, Amish Kitchens, Chatham Village, Romanoff, and Bachan's, and under licensed restaurant brands such as Chick-fil-A, Buffalo Wild Wings, Olive Garden, Arby's, Subway, and Texas Roadhouse; and foodservice, where it supplies restaurant chains and institutional operators with sauces, dressings, frozen pasta, and breads.

Product overview

The Marzetti Company is a specialty food manufacturer and marketer serving retail and foodservice channels. The company operates a diversified portfolio of owned brands including core brands Marzetti (salad dressings, dips, croutons), New York Bakery (frozen breads), Sister Schubert's (homemade rolls), Reames (frozen egg noodles), Girard's, Cardini's, Inn Maid, Amish Kitchens, Chatham Village, and Romanoff (caviar). Additionally, the company holds license partnerships for restaurant brands Chick-fil-A, Buffalo Wild Wings, Arby's, Olive Garden, Subway, and Texas Roadhouse. In May 2026, the company completed its acquisition of Bachan's, a Japanese Barbecue Sauce brand, expanding into the premium Asian condiment category. The portfolio spans sauces, dressings, dips, breads, pastas, noodles, and croutons.

Differentiator

Problem solved

Functional benefit

Brands

• Marzetti: Salad dressings, dips, and croutons - the company's flagship brand celebrating 130 years in 2026
• New York Bakery
• Sister Schubert's
• Reames
• Girard's
• Cardini's
• Inn Maid
• Amish Kitchens
• Chatham Village
• Romanoff

Quantifiable outcome

• Bachan's grew net revenue at 48% CAGR from 2022 to 2025, reaching ~$87M in annual sales
• +4 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core, secondary and minor.

• Bachan's, Inc.coreStrategic or Co-development Partner · 1 May 2026Marzetti completed acquisition of Bachan's, Inc. for $400M on May 1, 2026. Bachan's is a Japanese-American barbecue sauce brand founded by Justin Gill in 2019, headquartered in Sebastopol, CA. Net sales of ~$87M in FY2025 with 48% CAGR 2022-2025. Deal financed with cash on hand and $200M term loan. Bachan's founder remains involved in product development and marketing.
• McIlhenny Company (TABASCO Brand)secondaryStrategic or Co-development Partner · 25 March 2025Marzetti collaborated with TABASCO Brand to create Marzetti Spicy Ranch Seasoned with TABASCO Sauce — a first-ever collaboration between the two brands. The partnership was facilitated by IMG Licensing. This refrigerated spicy ranch dressing balances Marzetti Ranch with TABASCO pepper sauce flavor.
• IMG LicensingminorGTM or Marketing Partner · 25 March 2025IMG Licensing facilitated the collaboration between Marzetti and McIlhenny Company (TABASCO Brand) for the Spicy Ranch product launch.
• Chick-fil-AcoreOEM/ Whitelabel/ Licensing PartnerMarzetti produces and sells Chick-fil-A sauces and dressings at retail through an exclusive brand license partnership. The company is also a foodservice supplier for Chick-fil-A. This is one of Marzetti's most significant licensing relationships, though the company recently disclosed it oversold approximately a year's worth of Chick-fil-A sauce supply to consumers.
• Buffalo Wild WingscoreOEM/ Whitelabel/ Licensing PartnerMarzetti holds an exclusive licensing agreement with Buffalo Wild Wings to produce and sell sauces, hot sauces, and refrigerated dips at retail. New flavors (Honey Garlic, General Tso's) were launched in 2026, and hot sauces expanded from Amazon exclusive to nationwide grocery distribution.
• Olive GardencoreOEM/ Whitelabel/ Licensing PartnerMarzetti produces and sells Olive Garden salad dressings at retail through a brand license partnership. Products include Signature Italian, Classic Caesar, and Zesty Italian varieties, with recipes provided by Olive Garden.
• Arby'ssecondaryOEM/ Whitelabel/ Licensing PartnerMarzetti produces and sells Arby's Sauce and Horsey Sauce at retail through a brand license partnership with the restaurant chain.
• SubwaysecondaryOEM/ Whitelabel/ Licensing PartnerMarzetti produces and sells Subway sauces at retail through a brand license partnership with the sandwich chain.
• Texas RoadhousecoreOEM/ Whitelabel/ Licensing PartnerMarzetti produces and sells Texas Roadhouse steak sauces and Texas Roadhouse Mini Rolls at retail through an exclusive licensing agreement. Texas Roadhouse mini rolls generated $20M in Q2 2025 sales. The restaurant chain is in discussions to add more branded grocery products beyond current offerings.
• InstacartsecondaryGTM or Marketing PartnerMichael Reda, VP of Omnichannel Marketing at Marzetti, discussed retail media partnerships including Instacart as part of the company's digital commerce scaling efforts. Instacart serves as a retail media and ecommerce platform partner for the company's products.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Flowers Foods: Flowers Foods is one of the largest U.S. producers of packaged bakery goods (breads, rolls, buns, snack cakes) sold through retail and foodservice. Closely comparable to Marzetti's New York Bakery and Sister Schubert's frozen breads and rolls.
• TreeHouse Foods: TreeHouse Foods is a private-label and branded food manufacturer producing sauces, dressings, noodles, and baked goods for retail and foodservice. Operates in many of the same product categories as Marzetti (dressings, pasta, dips) with a comparable customer base of grocers and foodservice operators.
• B&G Foods: B&G Foods is a packaged food holding company with a diversified portfolio of shelf-stable and refrigerated brands in categories such as sauces, dressings, frozen meals, and condiments. Closely comparable to Marzetti's brand-acquisition-driven specialty food model.
• Post Holdings: Post Holdings is a diversified packaged food holding company that acquires and operates branded food businesses across cereal, refrigerated retail, foodservice, and pet food. Operates a similar M&A-driven specialty food model with strong foodservice exposure.
• McCormick & Company: McCormick is a leading global flavor company manufacturing sauces, dressings, seasonings, and condiments for retail and foodservice. Directly comparable to Marzetti's dressings, dips, and sauces portfolio with similar dual retail/foodservice go-to-market.

Broad incumbents

• Kellanova: Kellanova (the Kellogg's snacking spin-off) is a major global snacks and convenience foods company. While not a direct overlap on dressings or pasta, it is a comparable large branded CPG food peer operating in the same packaged-food competitive set.
• Campbell Soup Company: Campbell operates across soups, sauces, beverages, and Pepperidge Farm bakery products, serving both retail and foodservice. Directly overlaps Marzetti's sauces, dressings, and frozen bread categories; Marzetti's incoming CRDO Judi Mondello came from Campbell's R&D.
• J.M. Smucker: J.M. Smucker is a diversified packaged food company with major brands across baking, spreads, coffee, pet, and frozen foods. Competes with Marzetti in dressings, frozen breads, and baking-adjacent categories, but at a much larger scale.
• Conagra Brands: Conagra is a large CPG food manufacturer with leading positions in frozen meals, sauces, dressings, and snacks sold through retail and foodservice. Overlaps with Marzetti's dressings, frozen, and pasta categories but operates at meaningfully greater scale.

Emerging players

• Hain Celestial Group: Hain Celestial is a specialty/natural food company focused on better-for-you, organic, and clean-label products across baby food, snacks, dressings, and sauces. Overlaps with Marzetti's Simply Dressed, Protein Ranch, and gluten-free innovation themes.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/marzetticompany
• LinkedInlinkedin.com/company/marzetti-company

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Marzetti Company