Lamb Weston lifts annual forecasts, shares jump
Lamb Weston shares jump as much as 9.5% to $48.81, set for their best day since July 2025. The frozen fries supplier raises annual revenue growth forecast to low-single digit rate from prior view of flat to 1% rise and ups fiscal 2027 adj EPS view to $3.05 to $3.35 from $2.95 to $3.25.
81, putting the stock on course for its best day since July 2025 if gains hold. The frozen fries supplier raised its annual revenue growth forecast to a low-single-digit rate from a previous view for flat to 1% growth, citing resilient demand, especially in North America, which generates most of its revenue. 25. North America sales increased 5% in the first quarter.
Lamb Weston said it beat first-quarter sales and adjusted profit estimates. 4% year to date.