Lamb Weston Holdings, Inc. reported fiscal 2026 results with revenue of $6.61B, up modestly from $6.45B a year earlier, while net income and diluted EPS declined to $290M and $2.08, respectively, on a year-over-year basis.
Financial Highlights
| MetricCurrent yearPrior yearYoY change | Revenue¹$6.61B$6.45B2.5% | Net income²$290M$357.2M(18.8%) | Diluted EPS³$2.08$2.5(16.8%) |
¹ Reported as “Net sales”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth was driven by 7% volume growth and the benefit of a 53rd week.
- North America showed strong volume and share gains; growth in APAC and Latin America offset softness in EMEA.
- Brand momentum continued with customer retention and new contract wins, notably in North America.
- Cost Savings Program surpassed a $100M year-one milestone, reducing cost per pound and SG&A.
- Company completed major capacity expansions, including opening a new Argentina facility, lowering capital intensity.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.