📈 Price History

Ratio Health

— Excellent

— Good

— Average

— Poor

By Category

📊 Peer Medians

About

Lamb Weston Holdings, Inc. engages in the production, distribution, and marketing of frozen potato products in the United States, Canada, Mexico, and internationally. The company offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. It also provides its products under its owned or licensed brands, such as Grown in Idaho and Alexia, and other licensed brands, as well as under retailers’ own brands. It sells its products through a network of internal sales personnel and independent brokers, agents, and distributors to quick service and full-service restaurants and chains, wholesale, grocery, mass merchants, club retailers, non-commercial channels, and specialty retailers, as well as foodservice distributors and institutions, including businesses, educational institutions, independent restaurants, regional chain restaurants, and convenience stores. Lamb Weston Holdings, Inc. was incorporated in 1950 and is headquartered in Eagle, Idaho.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

See full financials →

📊 Quick Scorecard

Loading…

⭐ Superinvestors Holding LW

View All Superinvestors →

Manager	Shares	Value	% of Fund	Period
Steve Cohen Point72 Asset Management	15.0K	$634K	0.00%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 4 quarters analysed

Q4 2025

Confident Specific

Management repeatedly expressed confidence in the strategic direction ('I'm confident in the direction we are taking', 'We are making important and significant changes') and provided specific numerical targets ($250M cost savings, $1B-$1.2B EBITDA guidance, $500M capex), while acknowledging headwinds but framing them as controllable.

Q1 2026

Confident Specific

Management repeatedly used phrases like 'exceeded our expectations', 'strong volume growth', 'early but emerging evidence of results', and provided specific metrics (6% volume growth, $302M EBITDA) and concrete examples (restarting curtailed line, new customer wins, cost savings on track). They also openly acknowledged headwinds (price/mix pressure, competitive activity, tariff exposure) without evasion.

Q2 2026

Confident Specific

Management repeatedly highlighted specific volume growth (8% in Q2, 7% H1), share gains, and cost savings progress, while acknowledging that 'turnarounds are not linear' and international dynamics remain challenging. They used phrases like 'building momentum' and 'solid progress' to convey conviction.

Q3 2026 latest

Confident Specific

Management used phrases like 'another solid performance', 'fifth quarter in a row of in line or better results', 'we have already delivered on those full year savings and are tracking ahead', and 'we are making clear progress' — indicating a confident, specific tone focused on concrete achievements in North America and cost savings.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis is mixed after this call. On the positive side, North America execution is clearly improving with volume growth, strong customer retention, and cost savings ahead of plan, which supports the ability to reinvest in customers. However, international headwinds remain severe with European overcapacity, soft restaurant traffic, and the Middle East conflict adding uncertainty to volumes and costs. The guidance raise on net sales and EBITDA midpoint reflects NA strength, but the margin outlook remains pressured by price mix and international losses. Key watch items next quarter: (1) progress on international capacity rationalization and demand recovery, (2) moderation of price mix in North America as inflation pass-throughs take effect, and (3) any escalation in Middle East conflict that could impact high single-digit international segment volumes.

AI-generated concall tone analysis · Updated 2026-06-08 · Not investment advice

🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED Lamb Weston Q3: 3% sales growth, 12% NA volume, $1.11B EBITDA midpoint

Revenue & Profitability

Q3 adjusted EBITDA was $272 million, down $101 million year-over-year, reflecting unfavorable price mix, a $33 million potato write-off, and higher fixed costs. Year-to-date free cash flow was $339 million, up $417 million versus the prior year. Adjusted EBITDA guidance for fiscal 2026 is $1.08–$1.14 billion. Net sales guidance midpoint was raised to $6.5 billion.

Outlook

Management noted U.S. QSR traffic turned positive for the first time since late fiscal 2024, up 1% in Q3, but international markets saw low single-digit declines. Excess European capacity, local sourcing in developing regions, and persistent soft restaurant traffic in key countries are headwinds. The company expects price mix pressure to continue into fiscal 2027, though moderating.

Growth Drivers

North America volume grew 12% in Q3, driven by customer contract wins, share gains, and strong retention. Outside EMEIA, international volumes grew in China and Latin America. The company is investing in customer partnerships, cost savings, and targeted price increases (e.g., early March 2026 non-contracted price hike) to support growth.

Balance Sheet & CapEx

Full-year capital expenditures are now estimated at approximately $400 million, down from prior levels, focused on maintenance, modernization, and environmental projects. Year-to-date capex was $257 million, a reduction of $307 million from the prior year. The company has enough capacity in its footprint and is not pursuing new greenfield expansions.

Margins

Adjusted gross margin in Q3 was 20.9%, with Q4 expected to decline 250–300 basis points sequentially. Price mix declined 7% at constant currency in Q3, driven by customer trade support and mix shifts to chain and private label. Cost savings initiatives are ahead of plan, but input cost inflation from tariffs, edible oils, and labor is pressuring margins.

Key Risks

Risks include the length and severity of the Middle East conflict, which could reduce volumes (high single-digit % of international segment) and increase commodity volatility. Excess European capacity, potato crop write-offs ($33 million in Q3), and input cost inflation from tariffs (palm oil, canola oil) are key headwinds. The company also faces persistent soft restaurant traffic in international markets.

Generated by AI · Q3 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

🔍

🔎 See cross-company document search → ?

📞 Earnings Call Transcripts (5)

Q4 2026 Q4 2026 2026-07-24

North America drove strong volume and EBITDA growth, offsetting international challenges, especially in EMEA. Cost savings, innovation, and capital discipline supported improved cash flow and shareholder returns. Fiscal 2027 guidance anticipates flat to modest sales growth and higher earnings.

Q3 2026 Q3 2026 2026-04-01

Third quarter saw strong North America growth and cost savings, offset by international headwinds and a potato write-off. Fiscal 2026 guidance was raised, with continued focus on operational efficiency, disciplined capital allocation, and navigating global market challenges.

Q2 2026 Q2 2026 2025-12-19

Volume grew 8% in Q2, driven by strong North America and Asia performance, while Price/Mix headwinds and international margin pressures persisted. Fiscal 2026 guidance is reaffirmed, with expectations to finish near the midpoint of Adjusted EBITDA range.

Q1 2026 Q1 2026 2025-09-30

First quarter results exceeded expectations, driven by strong volume growth and early benefits from the Focus to Win strategy. Fiscal 2026 guidance is reaffirmed, with continued cost savings, robust free cash flow, and new product launches supporting long-term growth.

Q4 2025 Q4 2025 2025-07-23

Fiscal 2025 ended with strong volume growth and improved working capital, despite margin pressures from competitive pricing and higher costs. FY26 guidance anticipates flat to modest revenue growth, continued cost savings, and margin improvement in the second half.

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯

Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.

📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.