Lamb Weston (LW) Q2 2026

Q3 2026 Q2 2026 Q1 2026 Q4 2025

Earnings

Lamb Weston posted a stronger-than-expected second quarter of fiscal 2026, with adjusted diluted EPS of $0.69 beating the $0.65 consensus estimate by 6.37% and net sales of $1.62 billion topping expectations by 1.75% on 1.1% year-over-year growth. Th… Read more Lamb Weston posted a stronger-than-expected second quarter of fiscal 2026, with adjusted diluted EPS of $0.69 beating the $0.65 consensus estimate by 6.37% and net sales of $1.62 billion topping expectations by 1.75% on 1.1% year-over-year growth. The headline driver was a powerful 8% volume surge fueled by customer wins, share gains, and improved retention across North America and Asia, though that momentum was almost entirely offset by an equal 8% decline in price/mix tied to trade support programs and carryover pricing from the prior fiscal year. GAAP net income swung sharply to $62.10 million from a year-ago loss of $36.10 million, as the prior period bore $159.10 million in restructuring charges. Results were not uniformly strong, however; the International segment saw Adjusted EBITDA collapse 44% to $27.20 million amid start-up costs at a new Argentine facility, a concern that has drawn analyst scrutiny. Management reaffirmed fiscal 2026 guidance, targeting net sales of $6.35 billion to $6.55 billion and Adjusted EBITDA of $1.00 billion to $1.20 billion.