Lamb Weston Holdings Inc
NYSE:LW

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Lamb Weston Holdings Inc
NYSE:LW
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Price: 42.19 USD 1.39% Market Closed
Market Cap: $5.9B

Lamb Weston Holdings Inc
Investor Relations

In the bustling world of agribusiness, Lamb Weston Holdings Inc. emerges as a powerhouse in the potato processing industry. Founded in 1950, the company has carved a niche by mastering the art of transforming humble potatoes into profitable products. Headquartered in Eagle, Idaho, Lamb Weston operates as a leading supplier of frozen potato products, including french fries, hash browns, and mashed potatoes. The company has built its empire on the foundation of innovation, with a focus on developing cutting-edge technologies that enhance product quality and operational efficiency. By forging strong relationships with farmers, Lamb Weston ensures a steady supply of high-quality raw materials, maintaining a critical edge in a market driven by both consumer demand and agricultural dynamics.

The company’s business model revolves around a robust supply chain and expansive global distribution network. With manufacturing plants strategically located near key markets, Lamb Weston efficiently processes and distributes products to retail, foodservice, and institutional customers worldwide. Notably, a significant portion of its revenue is generated from partnerships with major quick-service restaurants, where french fries remain a staple menu item. Additionally, the company's international presence, fueled by its joint ventures and strategic acquisitions, enables it to capture diverse consumer preferences across different regions. By combining operational excellence with strategic market insights, Lamb Weston continues to thrive in the highly competitive food industry, generating sustainable income for its stakeholders while adapting to evolving consumer trends.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Apr 1, 2026
AI Summary
Q3 2026

Solid quarter: Lamb Weston said the third quarter was another solid result, marking the fifth straight quarter of results that were in line or better, and it raised the low end and midpoint of full-year sales guidance.

North America strength: The North America business drove the quarter, with volume up 12% and net sales up 5%, helped by customer wins, share gains and strong retention.

International pressure: International results weakened as Europe faced excess potato supply, softer restaurant traffic and competitive export pressure; adjusted EBITDA in the segment fell sharply.

Cost actions: Management said it has already delivered the full-year fiscal 2026 cost savings target ahead of plan and now expects to exceed the $250 million savings goal by fiscal 2028.

Capital discipline: The company lowered expected full-year cash spend to about $400 million and said it is being more selective with capital after years of expansion.

Outlook risks: Full-year EBITDA guidance includes the company’s current assessment of added risk from the Middle East conflict, while North America should still see high single-digit volume growth in the second half.

Key Financials
Net sales
$6.45 billion to $6.55 billion
Adjusted EBITDA
$1.08 billion to $1.14 billion
Third quarter net sales
3%
Third quarter volume
7%
Third quarter adjusted EBITDA
$272 million
North America net sales
5%
North America volume
12%
North America adjusted EBITDA
$290 million
International net sales
down 1%
International net sales, constant currency
down 9%
International volume
down 2%
International adjusted EBITDA
$19 million
Cash from operations
$596 million
Free cash flow
$39 million
Capital expenditures
$257 million
Liquidity
Approximately $1.3 billion
Net debt
$3.9 billion
Net debt to adjusted EBITDA leverage ratio
3.4x
Dividend
$0.38 per share
Share repurchases after quarter end
$43 million
Quarterly adjusted gross margin
20.9%
Q4 tax rate
Approximately 28%
Full-year depreciation and amortization
Approximately $395 million
Cost savings target
$250 million
Third quarter tariff expenses
Approximately $4 million
Third quarter raw potato write-off
$33 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Thomas P. Werner
President, CEO & Director
No Bio Available
Ms. Bernadette M. Madarieta
Chief Financial Officer
No Bio Available
Mr. Marc Schroeder
President of International
No Bio Available
Mr. Dexter P. Congbalay
Vice President of Investor Relations
No Bio Available
Mr. Eryk J. Spytek J.D.
General Counsel & Chief Compliance Officer
No Bio Available
Mr. Steven J. Younes J.D.
Chief Human Resources Officer
No Bio Available
Ms. Sharon L. Miller
President of North America
No Bio Available
Ms. Sylvia Wilks
Chief Supply Chain Officer
No Bio Available
Mr. Gregory W. Jones
VP & Controller
No Bio Available

Contacts

Address
IDAHO
Eagle
599 S Rivershore Ln
Contacts
+12089381047.0
www.lambweston.com
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