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02.07.25 - 15:36
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Lamb Weston to Announce Fiscal Year 2025 Fourth Quarter and Full Year Financial Results on July 23, 2025 (Business Wire)
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EAGLE, Ind.--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today it will report fiscal 2025 fourth quarter and full year financial results on July 23, 2025. The news release will be issued at approximately 8:00 a.m. ET, followed by a conference call at 10:00 a.m. ET.
The webcast and accompanying materials will be available on Lamb Weston's Investor Relations page at https://investors.lambweston.com/events-and-presentations.
Alternatively, participants in the U.S. and Canada may access the conference call by dialing 888-204-4368; participants outside the U.S. and Canada should dial +1 323-794-2551. The conference ID is 5723573.
A rebroadcast of the conference call will be available later in the day at the same location.
About Lamb Weston
Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers around the world. For 75 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for its custom...
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30.06.25 - 14:36
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Lamb Weston to Appoint Six New Independent Directors to Its Board (Business Wire)
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Newly Appointed Director Bradley Alford to Serve as Chairman of the Board
JANA Partners and Continental Grain Representatives to Join BoardEAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) (“Lamb Weston”) today announced that it has entered into a cooperation agreement (the “Agreement”) with JANA Partners Management, L.P. (“JANA”) and Continental Grain Company (“Continental Grain”).
As part of the Agreement, Lamb Weston has agreed to appoint Bradley Alford, Ruth Kimmelshue, Timothy McLevish and Scott Ostfeld to its Board of Directors (the “Board”). In addition, Lawrence Kurzius and Paul Maass, who were mutually agreed upon by Lamb Weston, JANA and Continental Grain, will also join the Board. Charles (Chuck) Blixt, W.G. (Jerry) Jurgensen, Robert Niblock and Maria Renna Sharpe will be stepping down from the Board. As a result of these changes, which will take place no later than on or about July 11, 2025, the Board will increase from 11 to 13 directors, 12 of whom will...
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08.05.25 - 00:06
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Benjamin Heselton Joins Lamb Weston as Chief Information Officer (Business Wire)
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EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced that Benjamin (Ben) Heselton has joined the company as its chief information officer.
Heselton will lead the company's global technology strategy and will serve as a critical point of contact between all areas of the company and its technology execution.
Heselton joins Lamb Weston from Wurth IT USA, where he served as the chief technology officer. As the leader of Wurth's digital organization, Heselton oversaw IT services for all Wurth North American Operations, led new global software development, partnered with other Wurth global IT organizations, and was a founding member of the company's Global Information Security Council. He held various roles during his 18 years with The Wurth Group, including Chief Information Officer, and VP of Information Technology and Project Management for other divisions.
“Ben brings a strong track record of technology leadership and a pragmatic, solutions-driven mindset that makes him a trem...
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05.05.25 - 16:03
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SEKO Logistics Appoints New Executives to Advance Innovation, Compliance & Regional Growth (Business Wire)
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SCHAUMBURG, Ill.--(BUSINESS WIRE)--SEKO Logistics (SEKO), the leader in end-to-end global logistics, announces the appointments of Vanessa Rambo as Chief Compliance Officer (CCO), Brendan Belz as Chief Transformation Officer (CTO) and Alain Chimene as Regional President, APAC, effective immediately.
Vanessa Rambo, Chief Compliance Officer
In her new role, Rambo will lead SEKO's U.S. and Global Compliance teams, driving operational improvements while navigating and mitigating risks across the organization.
"With over 25 years of global experience, Vanessa brings unmatched compliance expertise to SEKO,” said Gordon Branov, SEKO's CEO. “Her deep knowledge of logistics, supply chain regulations, export controls and import compliance will be a major asset to our teams worldwide.”
Rambo is a licensed customs broker and recognized leader in trade and customs compliance. She has held senior leadership roles at Lamb Weston, Nestle USA, Meggitt USA and Bostik Inc., among others. Her experience spans mu...
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03.04.25 - 15:06
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Lamb Weston Reaffirms FY25 Guidance (AFX)
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WASHINGTON (dpa-AFX) - Lamb Weston (LW) reaffirmed financial targets for fiscal 2025. Net sales are projected in a range of $6.35 billion to $6.45 billion. Adjusted EPS is projected in the range o......
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03.04.25 - 14:36
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Lamb Weston Reports Third Quarter Fiscal 2025 Results; Reaffirms Fiscal Year 2025 Outlook (Business Wire)
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Third Quarter Fiscal 2025 Highlights
GAAP Results as Compared to Third Quarter Fiscal 2024:
Net sales increased 4% to $1,521 million
Income from operations increased 11% to $249 million
Net income was essentially flat at $146 million
Diluted EPS increased $0.02 to $1.03
Non-GAAP Results as Compared to Third Quarter Fiscal 2024:
Adjusted Income from Operations(1) increased $1 million to $263 million
Adjusted Net Income(1) declined 11% to $157 million
Adjusted Diluted EPS(1) declined 8% to $1.10
Adjusted EBITDA(1) increased 6% to $364 million
Returned $151 million to shareholders: paid $51 million in cash dividends to common shareholders and repurchased $100 million of common stock
Retained AlixPartners to assist in evaluating near- and long-term value creation and cost savings opportunities
Reaffirm Fiscal 2025 Outlook
Net sales of $6.35 billion to $6.45 billion
Adjusted EBITDA(1) target of $1.17 billion to $1.21 billion
Adjusted Net Income(1) target of $440 million to $460 million and Adjusted Diluted EPS...
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