WESTERVILLE, Ohio, March 21, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today an agreement with Arby's Restaurant Group, Inc. to supply Arby's® popular Horsey Sauce® and Arby's Sauce® products to the U.S. and Canadian retail channels. A limited launch of these products is currently planned for select Club stores in the U.S. starting in Lancaster Colony's fiscal first quarter ending September 30, 2022. Broader distribution of these sauces into the U.S. Food and Mass retail channel is expected to begin near the start of the fiscal second quarter. The agreement provides Lancaster Colony exclusive rights to supply and distribute the Horsey Sauce and Arby's Sauce products to U.S. and Canadian retailers.
Lancaster Colony's CEO David A. Ciesinski commented, "We are very excited to add Arby's Horsey Sauce and Arby's Sauce to our growing licensing program. This new agreement is another example of how our culinary expertise, strong reputation and longstanding relationships in the foodservice channel combined with our demonstrated sales execution at retail will allow us to expand and grow our retail licensing platform."
Carl R. Stealey, President of T. Marzetti Company's Retail Division for Lancaster Colony, stated "We very much appreciate the opportunity to partner with Arby's Restaurant Group on this important growth initiative for both organizations. We look forward to expanding our Arby's relationship through the sale of these iconic sauces into the retail markets."
About Lancaster Colony
Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels.
About Arby's
Arby's, founded in 1964, is the second-largest sandwich restaurant brand in the world with more than 3,300 restaurants in seven countries. The brand is headquartered in Atlanta, GA. For more information, visit Arbys.com.
Forward-Looking Statements
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Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update such forward-looking statements, except as required by law. Management believes these forward-looking statements to be reasonable; however, you should not place undue reliance on such statements that are based on current expectations.
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SOURCE Lancaster Colony Corporation