For the third quarter of fiscal 2009, Lancaster Colony reported revenue growth of 6.6% year-over-year. Although this trailed the industry average of 106.2% growth, it appears to have been enough to help boost EPS, which improved from 27 cents in the third quarter of fiscal 2008 to 76 cents in the most recent quarter. Lancaster Colony also reported significant net income growth of 145.9%. Net income increased to $21.21 million from results of $8.63 million a year ago. Strong earnings growth of 181.48% helped drive the stock up 39.43% over the past year, and should continue to move higher despite having already experienced a nice gain. A very low debt-to-equity ratio of 0.04 implies that Lancaster Colony has successfully managed its debt levels, while a quick ratio of 1.27 indicates that the company should be able to avoid short-term cash problems. One additional sign of strength for the company is the fact that its return on equity improved slightly when compared to the prior year's quarter.