Lamb Weston beats fiscal first-quarter estimates and raises 2027 outlook
Lamb Weston reported fiscal first-quarter 2027 revenue of $1.67B and adjusted earnings of $0.75 per share, exceeding analyst forecasts. Net income was $29.1M, down from $64.3M a year earlier, while North American growth offset weaker international sales. The company raised its fiscal 2027 adjusted EPS outlook to $3.05-$3.35 and its adjusted EBITDA outlook to $1.125B-$1.215B.
Why it matters
The increased outlook resets Lamb Weston's full-year earnings and EBITDA targets after a first-quarter beat. The company said cost savings and higher utilization aided results, but international operations remain pressured by European potato costs and lower volumes.
Key facts
- 1Fiscal first-quarter revenue was $1.67B and adjusted earnings were 75 cents per share, compared with analyst expectations of 59 cents per share. finance.yahoo.com
- 2Net income was $29.1M, versus $64.3M a year earlier, while sales increased 0.7% to $1.67B. finance.yahoo.com
- 3Lamb Weston lifted fiscal 2027 adjusted EPS guidance to $3.05-$3.35 and adjusted EBITDA guidance to $1.125B-$1.215B. investing.com
- 4North America sales rose 5%, while international sales declined 8%. finance.yahoo.com
- 5The board declared a quarterly dividend of $0.38. rttnews.com
Open questions
- Materials label the reported period inconsistently, with some calling it fiscal Q1 2027 and others referring to Q3 2026 or Q2 2026.
Summary written by AlphAI from 18 of 30 sources. Not investment advice. Figures are as stated by the linked sources.