LW
Lamb Weston Holdings, Inc.59.80
+0.34+0.57%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Key Stats
Market Cap
8.33BP/E (TTM)
28.75Basic EPS (TTM)
2.08Dividend Yield
0.02%Recent Filings
8-K
Craps named Exec Chair, Gray CFO
Lamb Weston appointed Jan Craps as Executive Chair effective February 6, 2026, bringing Budweiser APAC CEO experience, and James D. Gray as CFO effective April 2, succeeding Bernadette Madarieta. Compensation includes $3.15M LTIP target for Craps and $825K salary plus $2.2M LTIP for Gray, with hefty stock options at $60-$85 strikes. New 2M-share Inducement Plan funds these. Leadership shakeup eyes 'Focus to Win' execution.
8-K
Closing Argentina plant
Lamb Weston committed to closing its Munro, Argentina facility on January 5, 2026, consolidating Latin America production at the new Mar del Plata site to boost efficiency. Expect $50-60 million in pre-tax charges, half cash, mostly in fiscal 2026 for asset write-downs, severance, and unused potatoes. Closure risks operational hiccups.
8-K
Q2 sales up 1%, profit surges
Lamb Weston posted Q2 FY2026 net sales of $1,618.1 million, up 1% YoY, fueled by 8% volume gains in North America and Asia that offset price/mix declines. Net income swung to $62.1 million from a prior loss, while adjusted EBITDA dipped 3% to $285.7 million amid restructuring. Board hiked quarterly dividend 3% to $0.38/share. FY2026 outlook reaffirmed at $6.35-6.55B sales.
10-Q
Q2 FY2026 results
Lamb Weston posted Q2 net sales of $1,618.1M, up 1% y/y, while gross profit jumped to $324.3M from $277.8M on lower costs and 8% volume gains in North America (66% of sales) and Asia; operating income soared to $139.2M from $18.5M as restructuring charges fell to $14.1M from $74.6M. YTD sales rose 1% y/y to $3,277.3M, net income climbed to $126.4M ($0.90 diluted EPS on 139.7M shares), and operating cash flow hit $530.4M (FCF $375.4M derived); cash stands at $82.7M with $1,350.3M revolver availability despite $3.9B total debt. Production restarts followed volume wins. Antitrust suits loom over pricing claims.
8-K
Q1 results show volume gains
Lamb Weston kicked off fiscal 2026 with net sales of $1,659.3 million, up slightly from last year, fueled by 6% volume growth in North America and international markets yet dragged by 7% weaker price/mix. Adjusted EBITDA edged up 1% to $302.2 million, bolstered by cost savings and lapping prior product withdrawal charges, while the company reaffirmed its full-year outlook of $6.35-$6.55 billion in constant-currency sales and $1.00-$1.20 billion in adjusted EBITDA. Focus to Win strategy advances, targeting $250 million in savings by 2028. Restructuring charges hit $32.3 million this quarter.
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