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Lamb Weston Reaffirms Outlook As CEO Says Strategy Starting To Pay Off

Lamb Weston Holdings, Inc. (NYSE:LW) posted first-quarter fiscal 2026 net sales of 1.66billion,upslightlyfrom1.66 billion, up slightly from 1.65 billion a year earlier and ahead of the 1.62billionestimate.Adjustednetincomewas1.62 billion estimate. Adjusted net income was 103 million, with adjusted earnings per share of 74 cents, topping the 55-cent estimate. Adjusted EBITDA increased to 302.2millionfrom302.2 million from 299.4 million. "The Lamb Weston team delivered a strong start to the fiscal year with solid volume growth and positive customer momentum, underscoring the streng ...