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Lamb Weston Non-GAAP EPS of $0.75 beats by $0.16, revenue of $1.67B beats by $10M

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  • Lamb Weston press release (LW): Q1 Non-GAAP EPS of $0.75 beats by $0.16.
  • Revenue of $1.67B (+0.6% Y/Y) beats by $10M.
  • The Company updated its financial targets for fiscal 2027 as follows:

    Fiscal 2027 Prior Outlook

    Fiscal 2027 Updated

    Net Sales (a)

    0.0% to 1.0%

    Up Low Single Digits

    Adjusted EBITDA(1)

    $1.10 to $1.20 billion

    $1.125 to $1.215 billion

    Adjusted Diluted EPS(1)

    $2.95 to $3.25

    $3.05 to $3.35 vs $3.01 consensus

    Capital expenditures (b)

    $380 to $410 million

    $380 to $410 million

  • Shares +3% PM.

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Lamb Weston Non-GAAP EPS of $0.75 beats by $0.16, revenue of $1.67B beats by $10M — KioskNews