Lamb Weston posts transcript of FY26 Q4 earnings call
LW•FY26 Q4 earnings call and FY27 outlook
Lamb Weston held its FY26 Q4 earnings call with Executive Chair Jan Craps, CEO Mike Smith, CFO Jim Gray, and Vice President of Investor Relations Debbie Hancock.
- FY27 outlook: net sales flat to up 1% off a 52-week FY26 base of $6.5 billion; adjusted EPS $2.95-$3.25.
- Guided adjusted operating income at $720 million-$800 million; adjusted EBITDA at $1.1-$1.2 billion versus $1.12 billion on a comparable 52-week basis.
- Q4 net sales rose 6% on 7% volume growth; North America net sales rose 9% on 11% volume, with price/mix down 2%.
- International weighed on results amid EMEA pricing pressure, Middle East-related freight disruption, edible oil and transportation inflation; Netherlands plant slated for closure.




