Lamb Weston Holdings, Inc. (LW) Earnings Call Transcripts

Lamb Weston Holdings, Inc.'s Latest Earnings Call - May 13, 2026

In the fiscal quarter ending May 31, 2026, Lamb Weston Holdings, Inc. reported a revenue of $1.2 billion, which was slightly below the consensus estimate of $1.25 billion, reflecting a year-over-year increase of 5%. The company also reported earnings per share (EPS) of $0.50, missing expectations by $0.05. Management maintained its guidance for fiscal year 2027, projecting revenue growth of 6-8% and an adjusted EPS growth of 10-12%. The new CFO, Jim Gray, emphasized a focus on operational efficiency and customer relationships as key drivers for future growth.

Reported metrics

Guidance from management

Management maintained its revenue growth guidance of 6-8% and adjusted EPS growth of 10-12% for fiscal year 2027, indicating confidence in operational improvements and market recovery.

What management said

I mean I think that the -- first of all, the team and kind of our ability to kind of get at data is outstanding. And you kind of hear ERP change and oh, maybe we fumbled on that implementation. But the fact is, is that the systems data is actually quite good, surprisingly good. There's a remarkable amount of detail there. And so in this day and age, setting up with good data, and then being able to like say, okay, w...

Yes. I think we're still in the first phase of the timing. So people are going, well, like is this conflict/war in Iran, how quickly might that end? Does it take 3 months, 4 months, 6 months for Brent oil price to return to some normal? I mean that's still a huge uncertainty that's hanging over the balance of this year. And so I think the competition is probably just delaying. They're definitely delaying any capacit...

What analysts pressed on

Analysts expressed concerns regarding the performance of the international segment, particularly in Europe, where competitive pressures and market dynamics are challenging. There were also questions about the sustainability of customer relationships amid rising costs and inflationary pressures.

Main topics on the call

• New Leadership and Strategic Focus — CFO Jim Gray highlighted his commitment to enhancing Lamb Weston's execution against its strategy, stating, "there's just got to be inherent value in the company". His focus will be on operational excellence and customer...
• Operational Efficiency Initiatives — Management is targeting $250 million in run-rate savings by fiscal 2028, with $100 million expected in fiscal 2026. Gray noted, "we're well ahead of that" in achieving these savings through various operational improvemen...
• International Market Challenges — The international segment has faced significant headwinds, with Gray admitting, "the International segment's results this year have been super tough". The company is assessing its strategy in international markets, parti...
• Customer Relationship Management — Gray emphasized the importance of repairing customer relationships, stating, "we are absolutely in this to protect the availability and the service to each and every one of our restaurant operators". This focus is expect...

Read the full Lamb Weston Holdings, Inc. transcript (May 13, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Lamb Weston Holdings, Inc. earnings call transcripts on record, spanning January 3, 2020 to July 24, 2026. Based on this history, Lamb Weston Holdings, Inc. reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LW

Exchange

NYSE

Country

US

Sector

Consumer Staples

Industry

Food Products

Calls on record

28

First call

January 3, 2020

Most recent

July 24, 2026

Reporting cadence

quarterly