Form 8-K

8-K — MARZETTI CO

Accession: 0000057515-26-000018

Filed: 2026-08-25

Period: 2026-08-25

CIK: 0000057515

SIC: 2030 (CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — mzti-20260825.htm (Primary)

EX-99.1 (a4q26earn6-30x26.htm)

GRAPHIC (themarzetticompanya.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: mzti-20260825.htm · Sequence: 1

mzti-20260825

0000057515false00000575152026-08-252026-08-25

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): August 25, 2026

The Marzetti Company

(Exact name of registrant as specified in its charter)

Ohio 000-04065 13-1955943

(State or other jurisdiction

of incorporation) (Commission

File Number) (I.R.S. Employer

Identification No.)

380 Polaris Parkway Suite 400

Westerville Ohio 43082

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:

(614)

224-7141

(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:

☐

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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered

Common Stock, without par value MZTI NASDAQ Global Select Market

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).

Emerging growth company ☐

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. ¨

Item 2.02 Results of Operations and Financial Condition

On August 25, 2026, The Marzetti Company issued a press release announcing its results for the three months and fiscal year ended June 30, 2026. The press release is attached as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits:

Exhibit Number Description

99.1*

Press Release dated August 25, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

* Furnished herewith

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.

THE MARZETTI COMPANY

(Registrant)

Date: August 25, 2026 By: /s/ THOMAS K. PIGOTT

Thomas K. Pigott

Vice President, Chief Financial Officer

and Assistant Secretary

(Principal Financial and Accounting Officer)

EX-99.1

Filename: a4q26earn6-30x26.htm · Sequence: 2

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE SYMBOL: MZTI

August 25, 2026 TRADED: Nasdaq

THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

WESTERVILLE, Ohio, August 25 - The Marzetti Company (Nasdaq: MZTI) reported results today for the company’s fiscal fourth quarter and fiscal year ended June 30, 2026.

Fourth Quarter Summary

•Consolidated fourth quarter net sales declined 2.2% to $465.0 million. Excluding the prior-year quarter’s $12.2 million in non-core sales attributed to a temporary supply agreement (“TSA”) with Winland Foods, Inc., which concluded during the quarter ended March 31, 2026, consolidated net sales increased 0.4%.

•Retail segment net sales increased 0.9% to $243.6 million, which includes $15.4 million of incremental sales from Bachan’s, Inc., our newly acquired Japanese Barbecue Sauce brand known for its delicious, authentic, clean-label products. The acquisition closed on May 1, 2026.

•Foodservice segment net sales decreased 5.3% to $221.4 million on a reported basis. Excluding the non-core TSA sales of $12.2 million in the prior-year quarter, Foodservice segment net sales decreased 0.1%.

•Consolidated gross profit increased $7.9 million to a fourth quarter record $114.0 million. Reported gross profit margin improved 220 basis points to 24.5% driven by our ongoing cost savings programs.

•SG&A expenses increased $12.3 million to $74.3 million. The higher SG&A expenses include a $10.5 million increase in acquisition-related costs in addition to $1.6 million in incremental noncash amortization expense attributed to Bachan’s intangible assets.

•Consolidated operating income grew $18.8 million to $57.7 million. In addition to the impacts of the increased gross profit and higher SG&A expenses, consolidated operating income includes the benefit of an $18.5 million gain on the sale of our property in Milpitas, California, the former location of the sauce and dressing facility that we closed in fiscal 2026. The $18.5 million gain is reported as part of the Restructuring, Impairment and Other line item. In the prior-year period, restructuring and impairment charges of $5.1 million primarily relate to the Milpitas plant closure.

•Fourth quarter net income was $1.76 per diluted share versus $1.18 per diluted share last year. In the current-year quarter, the acquisition-related SG&A expenses decreased net income by $0.31 per diluted share; the incremental noncash amortization expense for Bachan’s intangible assets reduced net income by $0.05 per diluted share; and the net impact of all restructuring, impairment and other items, most of which is the gain on the Milpitas property sale, increased net income by $0.66 per diluted share. In the prior-year quarter, restructuring and impairment charges reduced net income by $0.15 per diluted share while acquisition-related SG&A costs reduced net income by $0.01 per diluted share. Excluding these items, the resulting Adjusted Net Income Per Diluted Share (“Adjusted Diluted EPS”) grew 9.0% to $1.46 in the current-year quarter, versus $1.34 last year, driven by the higher gross profit.

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PAGE 2 / THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

CEO David A. Ciesinski commented, “We were pleased to report record gross profit and strong gross margin improvement in our fiscal fourth quarter. In our Retail segment, the newly acquired Bachan’s brand added $15.4 million in incremental sales. Retail scanner data sourced from Circana for the quarter ended June shows continued strong performance for the Bachan’s brand, with sales up 8.7% and total distribution points up 16.6% as the brand continues to grow share in the barbecue sauce category. Retail net sales growth was unfavorably impacted by the lapping of last year’s club channel pipeline fill for Chick-fil-A® sauces, reduced sales of our Sister Schubert’s® dinner rolls in the club channel, and a comparison to the prior year’s rollout of Texas Roadhouse® dinner rolls into traditional grocery chains. Note that Texas Roadhouse rolls remain a strong performer in our portfolio, with Circana retail scanner data showing that sales were up 28.1% for the quarter and 76.3% for the fiscal year. In the Foodservice segment, reported net sales decreased 5.3% while Adjusted Foodservice Net Sales, which exclude the non-core TSA sales, were nearly flat as gains for our leading national chain restaurant accounts were offset by reduced sales to other chains and lower sales for our branded Foodservice products.”

Fourth Quarter Results

Fourth quarter consolidated net sales decreased 2.2% to $465.0 million versus $475.4 million last year. Excluding the non-core sales attributed to the TSA, Adjusted Consolidated Net Sales increased 0.4%. Our newly acquired Bachan’s business added $15.4 million in net sales, or about 320 basis points of growth. Retail segment net sales grew 0.9% to $243.6 million while the segment’s sales volume, measured in pounds shipped, declined 1.7%. Bachan’s accounted for 640 basis points of Retail segment net sales growth and 520 basis points of Retail segment volume growth. In the Foodservice segment, net sales decreased 5.3% to $221.4 million while the segment’s sales volume, measured in pounds shipped, declined 4.1%. Excluding the non-core TSA sales, Foodservice segment net sales decreased 0.1% while the segment’s core sales volume improved 0.1%.

Consolidated gross profit increased $7.9 million to a fourth quarter record $114.0 million driven by our cost savings programs. Gross profit margin increased 220 basis points to 24.5%. Adjusted Gross Margin, which excludes all non-core TSA sales as those sales did not contribute meaningfully to gross profit, increased approximately 160 basis points.

SG&A expenses increased $12.3 million to $74.3 million, which includes a $10.5 million increase in acquisition-related costs in addition to $1.6 million in incremental noncash amortization expense for intangible assets attributed to Bachan’s. Excluding these items, SG&A expenses were nearly flat as incremental core SG&A expenses attributed to Bachan’s were offset by cost reductions elsewhere.

The $18.0 million Restructuring, Impairment and Other line item primarily reflects the benefit of an $18.5 million gain on the sale of our property in Milpitas, California, the former location of the sauce and dressing facility that we closed in fiscal 2026. Restructuring and impairment charges of $5.1 million in the prior-year quarter included $4.5 million in charges attributed to the closure of the Milpitas plant.

Consolidated operating income increased $18.8 million to $57.7 million as favorably impacted by the gain on the Milpitas property sale and higher gross profit, partially offset by the increase in SG&A expenses attributed to the acquisition-related costs and incremental amortization expense for Bachan’s.

Interest expense totaled $1.8 million in the current year versus no interest expense last year, as a portion of the Bachan’s acquisition purchase price was financed with a $200 million term loan.

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PAGE 3 / THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

Net income increased $15.8 million to $48.3 million, or $1.76 per diluted share, versus $32.5 million, or $1.18 per diluted share, last year. In the current-year quarter, income reported on the Restructuring, Impairment and Other line item increased net income by $18.1 million, or $0.66 per diluted share; acquisition-related SG&A costs reduced net income by $8.5 million, or $0.31 per diluted share; and the incremental noncash amortization expense for the Bachan’s intangible assets decreased net income by $1.2 million, or $0.05 per diluted share. In the prior-year quarter, restructuring and impairment charges reduced net income by $4.0 million, or $0.15 per diluted share, while acquisition-related SG&A costs reduced net income by $0.4 million, or $0.01 per diluted share. Resulting Adjusted Diluted EPS was $1.46 in the current-year quarter, versus $1.34 last year.

Fiscal Year Results

For the fiscal year ended June 30, 2026, net sales increased 1.1% to $1.93 billion compared to $1.91 billion a year ago. Net income for the fiscal year totaled $191.6 million, or $6.98 per diluted share, versus the prior-year amount of $167.3 million, or $6.07 per diluted share. The fiscal 2026 results include a net income benefit of $16.6 million, or $0.60 per diluted share, from income reported on the Restructuring, Impairment and Other line-item, driven by the proceeds from the sale of our property in Milpitas, California. Fiscal 2026 SG&A costs also include acquisition-related expenses that reduced net income by $11.3 million, or $0.41 per diluted share, in addition to incremental noncash amortization expense for intangible assets attributed to the Bachan’s acquisition that reduced net income by $1.2 million, or $0.05 per diluted share. The fiscal 2025 results include a noncash settlement charge attributed to the termination of the company’s legacy pension plans that reduced net income by $10.8 million, or $0.39 per diluted share. In addition, the fiscal 2025 results included restructuring and impairment charges that reduced net income by $4.0 million, or $0.15 per diluted share, and acquisition-related SG&A expenditures that reduced net income by $2.9 million, or $0.11 per diluted share. Resulting Adjusted Diluted EPS was $6.83 in the current year, versus $6.72 last year.

Fiscal 2026 cash flows from operating activities increased $22.3 million to a record $283.8 million. In addition, as part of our ongoing commitment to return value to our shareholders, the company increased its regular cash dividend for the 63rd consecutive year in fiscal 2026 with the quarterly cash dividend paid on December 31, 2025. During the fiscal year, the company paid cash dividends to shareholders totaling $108.8 million and repurchased $36.3 million of common stock.

Fiscal 2027 Outlook

Mr. Ciesinski commented, “Looking ahead to fiscal 2027, Retail segment sales will continue to benefit from incremental sales attributed to the Bachan’s acquisition in addition to contributions from the new items we recently launched or have planned for introduction for both our legacy brands and licensing program. In the Foodservice segment, we expect sales to be supported by select quick-service restaurant customers in our mix of national chain restaurant accounts. Note that external factors, including U.S. economic performance and consumer behavior, may impact the topline growth for both segments in the coming year. We also continue to monitor the impact of the Cyclospora outbreak on product demand and sales. With respect to our input costs, in aggregate we anticipate a moderate level of inflation in fiscal 2027 that we plan to offset through inflationary pricing and our cost savings programs as we remain focused on continued margin improvement.”

MORE. . .

PAGE 4 / THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

Conference Call on the Web

The company’s fourth quarter and fiscal year-end conference call is scheduled for this morning, August 25, at 10:00 a.m. ET. Access to a live webcast and subsequent replay of the call is available through a link on the company’s website at investors.marzetticompany.com.

About the Company

The Marzetti Company is a manufacturer and marketer of specialty food products for the retail and foodservice channels.

Forward-Looking Statements

We desire to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). This news release contains various “forward-looking statements” within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words “anticipate,” “estimate,” “project,” “believe,” “intend,” “plan,” “expect,” “hope” or similar words. These statements discuss future expectations; contain projections regarding future developments, operations or financial conditions; or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments; and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors, many of which are beyond our control, which could cause our actual results to differ materially from those expressed in the forward-looking statements. Some of the key factors that could cause actual results to differ materially from those expressed in the forward-looking statements include:

•the ability to successfully integrate the acquired Bachan’s business and achieve operational and financial performance objectives;

•changes in demand for our products, which may result from changes in consumer behavior or loss of brand reputation or customer goodwill;

•significant shifts in consumer demand and disruptions to our employees, communities, customers, supply chains, production planning, operations, and production processes resulting from the impacts of epidemics, pandemics or similar widespread public health concerns and foodborne outbreaks;

•efficiencies in plant operations and our overall supply chain network;

•geopolitical events that could create unforeseen business disruptions and impact the cost or availability of raw materials and energy;

•inflationary pressures resulting in higher input costs;

•adverse changes in freight, energy or other costs of producing, distributing or transporting our products;

•fluctuations in the cost and availability of ingredients and packaging;

•the reaction of customers or consumers to pricing actions we take to offset inflationary costs;

•price and product competition;

•changes in our cash flow or use of cash in various business activities;

•the success and cost of new product development efforts;

•the lack of market acceptance of new products;

•the impact of customer store brands on our branded retail volumes;

•the impact of any laws and regulatory matters affecting our food business, including any additional requirements imposed by the federal, state or local government;

•adverse changes in trade policies, including increased tariffs, retaliatory trade measures, or other trade restrictions;

•dependence on key personnel and changes in key personnel;

•adequate supply of labor for our manufacturing facilities;

•stability of labor relations;

•the extent to which good-fitting business acquisitions are identified, acceptably integrated, and achieve operational and financial performance objectives;

•dependence on a wide array of critical third parties to support our operations, including contract manufacturers, distributors, logistics providers and IT vendors;

•cyber-security incidents, information technology disruptions, and data breaches;

•the potential for loss of larger programs or key customer relationships;

•capacity constraints that may affect our ability to meet demand or may increase our costs;

•failure to maintain or renew license agreements;

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PAGE 5 / THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

•the possible occurrence of product recalls or other defective or mislabeled product costs;

•maintenance of competitive position with respect to other manufacturers;

•the outcome of any litigation or arbitration;

•the effect of consolidation of customers within key market channels;

•changes in estimates in critical accounting judgments; and

•risks related to other factors described under “Risk Factors” in other reports and statements filed by us with the Securities and Exchange Commission, including without limitation our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q (available at www.sec.gov).

Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update such forward-looking statements, except as required by law. Management believes these forward-looking statements to be reasonable; however, you should not place undue reliance on statements that are based on current expectations.

# # # #

FOR FURTHER INFORMATION: Dale N. Ganobsik

Vice President, Corporate Finance and Investor Relations

The Marzetti Company

Phone: 614/224-7141

Email: ir@marzetti.com

MORE. . .

PAGE 6 / THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

THE MARZETTI COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

(In thousands except per-share amounts)

Three Months Ended

June 30, Fiscal Year Ended

June 30,

2026 2025 2026 2025

Net sales $ 465,030 $ 475,427 $ 1,929,823 $ 1,909,122

Cost of sales 351,037 369,335 1,452,535 1,453,476

Gross profit 113,993 106,092 477,288 455,646

Selling, general & administrative expenses 74,337 62,075 254,601 230,227

Restructuring, impairment and other, net (18,034) 5,102 (16,024) 5,102

Operating income 57,690 38,915 238,711 220,317

Interest expense (1,763) — (1,763) —

Pension settlement charge — — — (13,968)

Other, net 594 1,594 5,022 7,114

Income before income taxes 56,521 40,509 241,970 213,463

Taxes based on income 8,231 7,980 50,364 46,116

Net income $ 48,290 $ 32,529 $ 191,606 $ 167,347

Net income per common share: (a)

Basic $ 1.76 $ 1.18 $ 6.98 $ 6.08

Diluted $ 1.76 $ 1.18 $ 6.98 $ 6.07

Cash dividends per common share $ 1.00 $ 0.95 $ 3.95 $ 3.75

Weighted average common shares outstanding:

Basic 27,321 27,457 27,385 27,469

Diluted 27,338 27,488 27,406 27,489

(a)Based on the weighted average number of shares outstanding during each period.

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PAGE 7 / THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

THE MARZETTI COMPANY

BUSINESS SEGMENT INFORMATION (Unaudited)

(In thousands)

Three Months Ended

June 30, Fiscal Year Ended

June 30,

2026 2025 2026 2025

NET SALES

Retail $ 243,628 $ 241,554 $ 1,002,769 $ 1,003,409

Foodservice 221,402 233,873 927,054 905,713

Total Net Sales $ 465,030 $ 475,427 $ 1,929,823 $ 1,909,122

OPERATING INCOME

Retail $ 43,155 $ 40,905 $ 203,669 $ 211,695

Foodservice 32,405 28,835 131,329 111,579

Nonallocated Restructuring, Impairment and Other, Net 18,472 (5,102) 17,068 (5,102)

Corporate Expenses (36,342) (25,723) (113,355) (97,855)

Total Operating Income $ 57,690 $ 38,915 $ 238,711 $ 220,317

THE MARZETTI COMPANY

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

(In thousands)

June 30,

2026 June 30,

2025

ASSETS

Current assets:

Cash and equivalents $ 25,096 $ 161,476

Receivables 105,488 95,817

Inventories 205,062 169,301

Other current assets 25,315 17,037

Total current assets 360,961 443,631

Net property, plant and equipment 551,554 534,543

Other assets 692,505 296,550

Total assets $ 1,605,020 $ 1,274,724

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current liabilities:

Accounts payable $ 156,785 $ 117,962

Accrued liabilities 64,751 68,332

Current portion of long-term debt 10,000 —

Total current liabilities 231,536 186,294

Long-term debt 189,276 —

Other noncurrent liabilities and deferred income taxes 131,058 89,935

Shareholders’ equity 1,053,150 998,495

Total liabilities and shareholders’ equity $ 1,605,020 $ 1,274,724

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Reconciliation of GAAP to non-GAAP Financial Measures

The Marzetti Company prepares its consolidated financial statements in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). However, from time to time, the corporation may present in its public statements, press releases and SEC filings, non-GAAP financial measures such as Adjusted Consolidated Net Sales, Adjusted Foodservice Net Sales, Adjusted Cost of Sales, Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Operating Income, and Adjusted Net Income Per Diluted Share (“Adjusted Diluted EPS”). Management considers such non-GAAP financial measures to provide useful supplemental information to investors in facilitating year-over-year comparisons by removing non-recurring items or other items that management believes do not directly reflect the underlying operations. Management uses these non-GAAP measures in the preparation of our annual operating plan and for our monthly analysis of operating results. Reconciliations of the non-GAAP measures to the most comparable GAAP financial measures are provided below. The corporation’s definitions of these non-GAAP measures may differ from similarly titled measures used by other companies. These non-GAAP measures should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP.

Adjusted Consolidated Net Sales, Adjusted Foodservice Net Sales, Adjusted Cost of Sales, Adjusted Gross Profit and Adjusted Gross Margin are non-GAAP financial measures that exclude non-core sales and cost of sales attributed to a temporary supply agreement (“TSA”) made in connection with our February 2025 acquisition of Winland’s Atlanta-based sauce and dressing production facility. The TSA sales are included in the reported net sales for our Foodservice segment and did not contribute meaningfully to gross profit. The TSA sales commenced in March 2025 and concluded during the quarter ended March 31, 2026. The following tables present a reconciliation between net sales, cost of sales, gross profit and gross margin as reported in accordance with GAAP and Adjusted Consolidated Net Sales, Adjusted Foodservice Net Sales, Adjusted Cost of Sales, Adjusted Gross Profit and Adjusted Gross Margin for the three months and fiscal years ended June 30, 2026 and 2025.

Three Months Ended June 30, 2026 Three Months Ended June 30, 2025

(Unaudited, Dollars In Thousands) Reported TSA-Related Adjusted

(non-GAAP) Reported TSA-Related Adjusted

(non-GAAP)

Consolidated

Net Sales $ 465,030 $ — $ 465,030 $ 475,427 $ 12,174 $ 463,253

Cost of Sales 351,037 — 351,037 369,335 12,174 357,161

Gross Profit $ 113,993 $ — $ 113,993 $ 106,092 $ — $ 106,092

Gross Margin 24.5 % N/M 24.5 % 22.3 % — % 22.9 %

Foodservice Segment

Foodservice Net Sales $ 221,402 $ — $ 221,402 $ 233,873 $ 12,174 $ 221,699

Fiscal Year Ended June 30, 2026 Fiscal Year Ended June 30, 2025

(Unaudited, Dollars In Thousands) Reported TSA-Related Adjusted

(non-GAAP) Reported TSA-Related Adjusted

(non-GAAP)

Consolidated

Net Sales $ 1,929,823 $ 20,415 $ 1,909,408 $ 1,909,122 $ 14,237 $ 1,894,885

Cost of Sales 1,452,535 20,415 1,432,120 1,453,476 14,237 1,439,239

Gross Profit $ 477,288 $ — $ 477,288 $ 455,646 $ — $ 455,646

Gross Margin 24.7 % — % 25.0 % 23.9 % — % 24.0 %

Foodservice Segment

Foodservice Net Sales $ 927,054 $ 20,415 $ 906,639 $ 905,713 $ 14,237 $ 891,476

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PAGE 9 / THE MARZETTI COMPANY REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS

Adjusted Operating Income and Adjusted Diluted EPS are non-GAAP financial measures that exclude certain items affecting comparability, which can impact the analysis of our underlying core business performance and trends. The following tables present a reconciliation between 1) operating income as reported in accordance with GAAP and Adjusted Operating Income and 2) diluted EPS as reported in accordance with GAAP and Adjusted Diluted EPS for the three months and fiscal years ended June 30, 2026 and 2025. For 2026, the adjustments reflect incremental SG&A expenses attributed to the Bachan’s acquisition; incremental SG&A expenses attributed to the amortization of intangible assets resulting from the Bachan’s acquisition; and restructuring, impairment and other, net, which consists of restructuring and impairment charges resulting from the closure of our sauce and dressing production facility in Milpitas, California, the gain on the sale of the Milpitas real property, and charges related to the impairment of manufacturing equipment, net of a recovery through an insurance claim. For 2025, the adjustments reflect incremental SG&A expenses attributed to the Atlanta production facility acquisition; restructuring and impairment charges primarily related to the closure of our production facility in Milpitas, California; and the one-time noncash pension settlement charge.

Three Months Ended June 30,

Unaudited, dollars in thousands except per share data Reported SG&A Expenses

- Acquisition Costs SG&A Expenses

- Intangibles Amortization Restructuring, Impairment and Other, Net Pension Settlement Charge Adjusted

(non-GAAP) *

2026 Operating Income $ 57,690 $ 10,974 $ 1,606 $ (18,034) $ — $ 52,236

2026 Diluted EPS $ 1.76 $ 0.31 $ 0.05 $ (0.66) $ — $ 1.46

2025 Operating Income $ 38,915 $ 451 $ — $ 5,102 $ — $ 44,468

2025 Diluted EPS $ 1.18 $ 0.01 $ — $ 0.15 $ — $ 1.34

2026 vs 2025:

Operating Income Change ($) $ 18,775 $ 10,523 $ 1,606 $ (23,136) $ — $ 7,768

Operating Income Change (%) 48.2 % N/M N/M (453.5) % — 17.5 %

Diluted EPS Change ($) $ 0.58 $ 0.30 $ 0.05 $ (0.81) $ — $ 0.12

Diluted EPS Change (%) 49.2 % N/M N/M (540.0) % — 9.0 %

* The sum of individual per share amounts may not add due to rounding.

Fiscal Year Ended June 30,

Unaudited, dollars in thousands except per share data Reported SG&A Expenses

- Acquisition Costs SG&A Expenses

- Intangibles Amortization Restructuring, Impairment and Other, Net Pension Settlement Charge Adjusted

(non-GAAP) *

2026 Operating Income $ 238,711 $ 14,509 $ 1,606 $ (16,024) $ — $ 238,802

2026 Diluted EPS $ 6.98 $ 0.41 $ 0.05 $ (0.60) $ — $ 6.83

2025 Operating Income $ 220,317 $ 3,781 $ — $ 5,102 $ — $ 229,200

2025 Diluted EPS $ 6.07 $ 0.11 $ — $ 0.15 $ 0.39 $ 6.72

2026 vs 2025:

Operating Income Change ($) $ 18,394 $ 10,728 $ 1,606 $ (21,126) $ — $ 9,602

Operating Income Change (%) 8.3 % 283.7 % N/M (414.1) % — 4.2 %

Diluted EPS Change ($) $ 0.91 $ 0.30 $ 0.05 $ (0.75) $ (0.39) $ 0.11

Diluted EPS Change (%) 15.0 % 272.7 % N/M (500.0) % (100.0) % 1.6 %

* The sum of individual per share amounts may not add due to rounding.

# # # #

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Document and Entity Information

Aug. 25, 2026

Cover [Abstract]

Document Type

8-K

Document Period End Date

Aug. 25, 2026

Entity Registrant Name

The Marzetti Company

Entity Incorporation, State or Country Code

Entity File Number

000-04065

Entity Tax Identification Number

13-1955943

Entity Address, Address Line One

380 Polaris Parkway

Entity Address, Address Line Two

Suite 400

Entity Address, City or Town

Westerville

Entity Address, State or Province

Entity Address, Postal Zip Code

43082

City Area Code

(614)

Local Phone Number

224-7141

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock, without par value

Trading Symbol

MZTI

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

Entity Central Index Key

0000057515

Amendment Flag

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration