Lamb Weston reported fourth quarter revenue of $1.77 billion and diluted EPS of $0.79, exceeding consensus estimates of $1.70 billion and $0.62, respectively. The results were driven by strong performance in the North America segment, which offset significant challenges in international markets.
Key Highlights
- North America segment sales increased 9% year-over-year, led by an 11% increase in sales volume from new customer contracts and market share gains.
- International segment sales declined 2%, with segment Adjusted EBITDA decreasing 81% due to challenging market conditions in EMEA, including the impact of the Middle East conflict.
- For the full fiscal year 2026, net sales grew 2% to $6.61 billion, surpassing the high end of the company's guidance of $6.55 billion.