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Lamb Weston Q1 2027 Earnings
Lamb Weston's Q1 2027 earnings show 1% sales growth but 55% income drop.
In brief
Lamb Weston's Q1 2027 earnings show 1% sales growth but 55% income drop. Lamb Weston Holdings reported 1% year-over-year sales growth to $1.67 billion but 55% lower net income of $29 million for Q1 2027. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Lamb Weston Holdings
Lamb Weston Holdings, Inc. reported its first quarter 2027 earnings results today.
Net Sales Growth
Net sales increased 1% year-over-year to $1.67 billion.
Net Income Drop
Net income decreased 55% to $29 million, or $0.21 per share.
Regional Performance
North America net sales increased 5% to $1.14 billion while International sales decreased 8% to $529 million.
Fiscal Year Expectations
For fiscal year 2027, the company expects net sales to be up low single digits and adjusted EPS to be $3.05-3.35.
At a glance
Lamb Weston Holdings reported 1% year-over-year sales growth to $1.67 billion but 55% lower net income of $29 million for Q1 2027.
