Lamb Weston Reports Q1 FY26 Net Sales of $1.66 Billion, Reaffirms Full-Year Outlook

Reuters
09/30
<a href="https://laohu8.com/S/LW">Lamb Weston</a> Reports Q1 FY26 Net Sales of $1.66 Billion, Reaffirms Full-Year Outlook

Net sales for the first quarter of fiscal 2026 were $1,659.3 million, an increase of $5.2 million compared to the prior year quarter, including a favorable foreign currency impact of $23.7 million. Net sales at constant currency declined 1%, as a 6% increase in volume was offset by a 7% decline in price/mix. Adjusted EBITDA for the quarter was $302.2 million, representing a 1% increase compared to the prior year. Equity method investment results were a loss of $0.6 million for the first quarter of fiscal 2026, compared to earnings of $11.3 million in the same period of the prior year. The decline was attributed to lower net sales and an unfavorable mix of sales from unconsolidated joint ventures. Net cash provided by operating activities increased by $21.8 million to $352.0 million for the quarter. Capital returned to shareholders totaled $62.1 million in the quarter. The company reaffirmed its financial targets for fiscal 2026, including net sales at constant currency in the range of $6.35 billion to $6.55 billion, adjusted EBITDA between $1.00 billion and $1.20 billion, and approximately $500 million in capital expenditures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lamb Weston Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250930710677) on September 30, 2025, and is solely responsible for the information contained therein.

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