Filing Flows › Marzetti (MZTI) › Q1 FY27 › vs Q4 FY26
Marzetti (MZTI) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Marzetti's revenue rose $16.5M (+4%) from $465M in Q4 FY26 to $482M in Q1 FY27. The biggest changes: Retail +$9.1M (+4%); Foodservice +$7.4M (+3%). Gross margin 23.0% against 24.5% (-1.5 pts).
Marzetti, Q1 FY27: revenue $482M (-2% year over year), operating margin 8.6%, net earnings $29.3M, operating cash flow $51.0M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 23.0% | 24.5% | -1.5 pts |
| Operating margin | 8.6% | 12.4% | -3.8 pts |
| Net margin | 6.1% | 10.4% | -4.3 pts |
| Free cash flow margin | 6.9% | 6.9% | -0.0 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Retail | $253M | $244M | $9.1M | +4% |
| Foodservice | $229M | $221M | $7.4M | +3% |
| Revenue | $482M | $465M | $16.5M | +4% |
| Gross profit | $111M | $114M | −$3.2M | -3% |
| Cost of revenue | $371M | $351M | $19.7M | +6% |
| Operating profit | $41.4M | $57.7M | −$16.2M | -28% |
| Operating expenses | $69.3M | $56.3M | $13.0M | +23% |
| Pre-tax earnings | $38.8M | $56.5M | −$17.7M | -31% |
| Other expense, net | $2.7M | $1.2M | $1.5M | +128% |
| Net earnings | $29.3M | $48.3M | −$19.0M | -39% |
| Income tax | $9.5M | $8.2M | $1.2M | +15% |
| Depreciation & amortization | $20.5M | $19.7M | $814K | +4% |
| Share-based compensation | $2.8M | $2.5M | $388K | +16% |
| Working capital & other | $1.7M | $15.2M | −$13.6M | -89% |
| Operating cash flow | $51.0M | $55.2M | −$4.2M | -8% |
| Free cash flow (OCF − capex) | $33.1M | $32.1M | $1.1M | +3% |
| Capital expenditures | $17.8M | $23.1M | −$5.3M | -23% |
Questions
How much did Marzetti's revenue grow quarter over quarter in Q1 FY27?
Marzetti's revenue rose $16.5M (+4%) from $465M in Q4 FY26 to $482M in Q1 FY27.
What drove Marzetti's revenue change in Q1 FY27?
Retail +$9.1M (+4%); Foodservice +$7.4M (+3%).