Lamb Weston Fiscal Q1 Adjusted Earnings, Sales Rise; Fiscal 2027 Outlook Boosted

MT newswire2026/10/06 12:15

08:15 AM EDT, 10/06/2026 (MT Newswires) -- Lamb Weston (LW) reported fiscal Q1 adjusted earnings Tuesday of $0.75 per diluted share, up from $0.74 a year earlier. Analysts polled by FactSet expected $0.59. Net sales for the quarter ended Aug. 30 were $1.67 billion, up from $1.66 billion a year earlier. Analysts expected $1.65 billion. For fiscal 2027, the company expects adjusted earnings of $3.05 to $3.35 per diluted share, compared with its prior guidance of $2.95 to $3.25. Analysts are looking for $3. Net sales for the full year are now expected to grow in the low single digits, compared with its earlier guidance of flat to 1% growth.

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