Lancaster Colony Corp. Q1 Net Income Declines – Quick Facts
Lancaster Colony Corp. (LANC) reported first quarter net income of $1.35 per share compared to $1.48 per share last year. The company noted that the favorable adjustment to the contingent consideration for Bantam Bagels increased net income by $0.16 per share while expenditures for Project Ascent reduced net income by $0.23 per share and the Bantam Bagels impairment charge reduced net income by $0.03 per share. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $1.60, for the quarter. Analysts’ estimates typically exclude special items.
First quarter consolidated net sales increased 3.6% to $349.2 million from $337.1 million last year. Excluding all sales attributed to a temporary supply agreement resulting from the acquisition of Omni Baking Company, consolidated net sales increased 5.2%. Analysts expected revenue of $342.07 million, for the quarter.
What if It Does All Come Down to Omaha?
The lone Electoral College vote awarded by Nebraska’s Second Congressional District has gone to Joe Biden. It could be the vote that gets him to 270.
By Dionne Searcey
Highway near Fort Carson closes due to police shooting – The Denver Post
COLORADO SPRINGS — All northbound lanes of Highway 115 near Fort Carson are closed due to a police shooting.
The Colorado Springs Police Department said Wednesday morning that a least one of its officers was involved in a police shooting around Highway 115 and O’Connell Boulevard, just north of Cheyenne Mountain State Park.
The Colorado Department of Transportation said all northbound lanes of Highway 115 are closed between State Park Road and Cheyenne Meadows Road as authorities investigate. The northbound lanes are closed at mile marker 43.
Read the full story at thedenverchannel.com.
Mace Wins House Race in South Carolina; Republican Pickup
Republican Nancy Mace upset Democratic incumbent Joe Cunningham in South Carolina’s 1st Congressional District, according to the Associated Press.
Mace, a state representative, and Cunningham had campaignedto the middle of the political aisle in a close race, two years after Cunningham’s surprise victory in 2018 flipped the Charleston-area district to Democrats for the first time in almost 40 years.
— With assistance by Elizabeth Elkin
When We Might Know Election Results
It was a long night. Here’s your guide to Day 2.
By Maggie Astor
Bob Good, Stressing Religious Conservatism, Holds Virginia House Seat for G.O.P.
He defeated Cameron Webb, a Democratic doctor, after upsetting the Republican incumbent in a show of continued G.O.P. strength on rural terrain.
By Nicholas Fandos
Despite Temptations, Biden Stayed Focused on the ‘Blue Wall’
From the beginning of his campaign until the end, Joseph R. Biden Jr. concentrated on winning back Pennsylvania, Michigan and Wisconsin. It is not clear that he did.
By Lisa Lerer
Tony Gonzales Defeats Gina Ortiz Jones, Keeping G.O.P. Hold on Texas House Seat
Tony Gonzales, a former Navy cryptologist, beat back a second attempt by Gina Ortiz Jones to flip the last remaining Republican district on the southern border.
By Emily Cochrane
What We Know About the Election (Right Now)
There are three things we can say with some certainty.
By Andrew Ross Sorkin, Jason Karaian, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
Lauren Boebert, Hard-Right Gun Activist, Wins in Colorado House District
The Republican firebrand kept the seat in her party’s hands after toppling the incumbent in a primary, accusing him of being insufficiently supportive of President Trump.
By Carl Hulse