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06.10.26 - 15:00
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ROUNDUP: Lamb Weston Boosts FY27 Outlook (AFX)
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WASHINGTON (dpa-AFX) - While reporting financial results for the first quarter on Tuesday, frozen potato products supplier Lamb Weston Holdings, Inc. (LW) raised its adjusted earnings and net sale......
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06.10.26 - 14:48
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Lamb Weston Lifts Fiscal 2027 Outlook (WSJ EN)
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Lamb Weston raised its outlook for the year after reporting higher-than-expected adjusted earnings and sales in its fiscal first quarter, driven by continued momentum in North America....
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06.10.26 - 14:06
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Lamb Weston Announces First Quarter Fiscal 2027 Results Above Guidance (Business Wire)
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Increases Full-Year 2027 Outlook for Net Sales, Adjusted Diluted EPS and Adjusted EBITDA
Net Sales for the first quarter increased 1% year-over-year to $1.67 billion
Net Income and Adjusted Net Income(1) for the first quarter were $29 million and $103 million
Adjusted EBITDA(1) for the first quarter was $286 million
Reported and Adjusted Diluted EPS(1) for the first quarter were $0.21 and $0.75
Full-year Adjusted EBITDA(1) outlook updated to $1.125 billion to $1.215 billion
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today its results for the first quarter of fiscal 2027 and updates its full-year financial targets for fiscal 2027.
“We are off to a solid start to the year, delivering first quarter net sales and profit above our expectations,” said Mike Smith, president and chief executive officer of Lamb Weston. “Our first quarter results were driven by continued momentum in North America where our strong customer relationships fueled sales volume growth and we cont...
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