The law firm of Kirby McInerney LLP is investigating potential claims against The Marzetti Company (“Marzetti” or the “Company”) (NASDAQ:MZTI). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.
[LEARN MORE ABOUT THE INVESTIGATION]
What Happened?
On May 4, 2026, Marzetti reported its third quarter fiscal 2026 financial results. Among other things, the Company disclosed that Retail segment net sales declined 3.2% to $233.8 million, driven by a 5.6% decrease in Retail sales volume, measured in pounds shipped. In addition, Marzetti disclosed that Retail segment sales gains were more than offset by category softness and reduced sales into the club channel. During the Company’s earnings call, Marzetti further disclosed that it was lapping a prior-year pipeline build for Chick-fil-A sauces in the club channel and that, after evaluating purchasing behavior, the Company realized it had sold consumers approximately a year’s worth of supply of Chick-fil-A sauce. On this news, the price of Marzetti shares declined by $8.16 per share, or approximately 7%, from $124.38 per share on May 4, 2026 to close at $116.22 on May 5, 2026.
What Should I Do?
At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.
If you purchased or otherwise acquired Marzetti securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260512785766/en/
Media gallery
