Earnings ·
Lamb Weston reports Q1 net sales of $1.67B, raises full-year Adjusted EBITDA outlook
LWLamb Weston Holdings, Inc.
Lamb Weston Holdings reported first-quarter fiscal 2027 net sales of $1.67 billion, a 1% increase year-over-year, driven by volume growth in North America that offset declines in the International segment. The company raised its full-year Adjusted EBITDA outlook to $1.125–$1.215 billion and updated diluted EPS guidance to $3.05–$3.35. First-quarter adjusted diluted EPS was $0.75, while reported net income fell 55% to $29 million due to higher costs and restructuring charges. The Board declared a quarterly dividend of $0.38 per share, payable December 4, 2026. Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers globally.