Lamb Weston 1Q Sales $1.67B
Lamb Weston Holdings reported first-quarter sales of $1.67 billion.
Story updates
12:00:50 PM UTC
SquawkNews
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, preside…
12:01:21 PM UTC
SquawkNews
Lamb Weston reported Q1 FY27 net sales and profit above guidance and updated its fiscal 2027 targets. Cash from operations was $235M, capex $91M, and it ended the quarter with $166M cash and $1.24B in available revolver liquidity.Material DetailsContext by AI AnalystThis is an early confirmation of…
12:13:13 PM UTC
SquawkNews
OverviewOutlookResult DriversCompany press release:Key DetailsReuters Recommended ReadsFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using Reuters automati…
12:24:42 PM UTC
SquawkNews
Lamb Weston's North America segment posted its seventh consecutive quarter of volume growth in fiscal first quarter, with a 7% increase driving a 5% rise in segment net sales to $1.14 billion. The volume gains came from higher demand among existing customers and new customer wins, the company said…