Gold prices steady ahead of Fed decision; weekly weakness noted
WESTERVILLE, Ohio - The Marzetti Company (NASDAQ:MZTI), a $4.98 billion specialty food manufacturer with annual revenues of $1.89 billion, announced Monday the launch of four new Buffalo Wild Wings hot sauces now available exclusively on Amazon, expanding its retail product portfolio through its partnership with the sports bar chain.
The new 5-ounce bottles come in four varieties: Original, Chipotle, Habanero, and Blazin™, according to a press release from the company. Marzetti plans to expand distribution to additional retailers in 2026. According to InvestingPro data, the company maintains a strong financial position with more cash than debt on its balance sheet, supporting its expansion initiatives.
"This is an iconic brand known for bold, unique flavors, and these new hot sauces deliver the heat and spice that consumers crave," said Tanya Berman, President of Retail at The Marzetti Company.
The launch represents the latest development in Marzetti’s licensing partnership with Buffalo Wild Wings, which operates more than 1,300 restaurants across nine global markets.
Marzetti, which trades on the Nasdaq under the ticker MZTI, specializes in manufacturing specialty food products. The company’s portfolio includes its namesake dressings and dips, as well as licensed products from restaurant chains including Olive Garden, Chick-fil-A, Arby’s, Subway, and Texas Roadhouse.
Buffalo Wild Wings was founded in 1982 and is currently part of the Inspire Brands family of restaurants. Marzetti, trading at a P/E ratio of 29.29, has maintained dividend payments for 55 consecutive years, currently offering a 2.1% yield. InvestingPro analysis indicates the stock is currently trading near its Fair Value, with additional insights available in the Pro Research Report covering this and 1,400+ other US equities.
In other recent news, Lancaster Colony Corporation reported financial results for the third quarter of 2025, which showed a decline in both earnings per share (EPS) and revenue compared to forecasts. The company posted an EPS of $1.49, missing the expected $1.58, and revenue reached $457.84 million, falling short of the forecasted $483.95 million. Meanwhile, the company has declared a quarterly cash dividend of 95 cents per share, maintaining its historical trend of dividend growth for the 62nd consecutive year. In corporate developments, Lancaster Colony has officially changed its name to The Marzetti Company, with its common stock now trading under the new ticker symbol NASDAQ:MZTI. Additionally, T. Marzetti Company, a subsidiary, appointed Judith Mondello as its new Chief Research, Development, and Quality Officer. On the analyst front, Benchmark maintained a Buy rating on Lancaster Colony stock with a price target of $185, following discussions with the company’s senior management about growth strategies and operational efficiencies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.