Marzetti Co

On April 29, 2026, we closed on the funding of a term loan in the aggregate principal amount of $ 200 million to partially fund the acquisition with the balance of the purchase price coming from cash on hand.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

Unvested shares of restricted stock awards granted to employees are considered participating securities since employees receive nonforfeitable dividends prior to vesting and, therefore, are included in the earnings allocation in computing EPS under the two-class method.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

Purchase Price Allocation Inventories $ 4,065 Property, plant and equipment 60,073 Goodwill (tax deductible) 14,401 Other noncurrent assets 301 Current liabilities ( 21 ) Net assets acquired $ 78,819 Note 3 Long-Term Debt At June 30, 2025, we had an unsecured credit facility ( Facility ) under which we could borrow, on a revolving credit basis, up to a maximum of $ 150 million at any one time, with potential to expand the total credit availability to $ 225 million based on consent of the issuing banks and certain other conditions.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

An additional $ 200 million term loan to finance our previously reported agreement to acquire Bachan s.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

The maturity date for the term loan is five years after the term loan is made; however, the Amendment provides for a springing maturity date of March 6, 2029 if, by December 6, 2028, the Facility Termination Date has not been extended to a date that is five years after the term loan is made or later with an Aggregate Revolving Commitment equal to or greater than the outstanding principal balance of the term loan (as such capitalized terms are defined in the Amendment).

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

Due to the nature of its terms, when we have outstanding borrowings under the Facility, they will be classified as long-term debt.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

Restructuring and impairment charges of $5.1 million in the current-year quarter include $4.5 million in charges attributed to the planned closure of our sauce and dressing facility in Milpitas, California as part of our ongoing initiative to better optimize our manufacturing network.

SEC original ↗Marzetti Co — Earnings release (8-K exhibit)EX-99Aug 21, 2025

With respect to our input costs, in aggregate we anticipate a modest level of inflation in fiscal 2026 that we plan to offset through contractual pricing and our cost savings programs as we remain focused on continued margin improvement in the year ahead.

SEC original ↗Marzetti Co — Earnings release (8-K exhibit)EX-99Aug 21, 2025

The forward-looking statements in this section and other parts of this report involve risks, uncertainties and other factors, including statements regarding our plans, objectives, goals, strategies, and financial performance.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

Our goal is to grow both Retail and Foodservice segment sales over time by: introducing new products and expanding distribution; leveraging the strength of our Retail brands to increase current product sales; expanding Retail growth through strategic licensing agreements; continuing to rely upon the strength of our reputation in Foodservice product development and quality; and acquiring complementary businesses.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

With respect to long-term growth, in addition to complementary acquisitions, we continually evaluate the future opportunities and needs for our business specific to our plant infrastructure, production capacity, IT platforms and initiatives to support and strengthen our operations.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

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.

SEC original ↗Marzetti Co — Earnings release (8-K exhibit)EX-99Aug 21, 2025

Legal Proceedings 26 Item 1A.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

12 THE MARZETTI COMPANY AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in thousands, except per share data) Note 4 Commitments and Contingencies At March 31, 2026, we were a party to various claims and litigation matters arising in the ordinary course of business.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026

The forward-looking statements in this section and other parts of this report involve risks, uncertainties and other factors, including statements regarding our plans, objectives, goals, strategies, and financial performance.

SEC original ↗Marzetti Co — 10-Q Quarterly report10-QMay 4, 2026