Recent Updates — LW

Lamb Weston Holdings entered into a transition and separation agreement with Marc Schroeder, its President of International, upon his resignation. Schroeder will remain in an advisory capacity until February 15, 2027, subject to one-year non-compete and non-solicitation restrictions. He is not entitled to cash severance but retains prorated vesting for fiscal 2025 and 2026 equity awards and eligibility for a prorated 2027 annual incentive award based on actual performance. Outstanding stock options remain exercisable until the third anniversary of his separation date. Lamb Weston Holdings, Inc. manufactures and markets frozen potato products globally.

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.

Lamb Weston Holdings, Inc. reported fiscal 2026 full-year net sales of $6,612 million, a 2% increase year-over-year, and announced a quarterly dividend of $0.38 per share payable on September 4, 2026. The company's fiscal 2027 outlook includes an Adjusted EBITDA guidance of $1.1 billion to $1.2 billion and Adjusted Diluted EPS guidance of $2.95 to $3.25. Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers globally.