Lamb Weston Reports Q4 Earnings with Strong North America Performance Amid International Challenges
Lamb Weston reported solid fourth-quarter results, driven by strong performance in its North American segment and continued volume growth for the sixth consecutive quarter. Net sales increased by 6% year-over-year to $943 million operating cash flow, while free cash flow reached $537 million in fiscal 2026. The company's international operations faced headwinds due to weaker European demand, higher freight and raw potato costs, and disruptions from the Middle East conflict. International net sales declined by 2% for the quarter. Lamb Weston is reviewing its global footprint and plans to close an older plant in the Netherlands as part of cost-saving initiatives. Looking ahead, management expects flat to slightly higher sales and adjusted EPS between $2.95 and $3.25 for fiscal 2027. The CEO highlighted progress on cost savings, reduced capital spending, and customer contract extensions that contributed to improved performance.
Topics: cash flow financial performance international operations sales growth