Lamb Weston delivers $1.67 billion Q1 sales

• Lamb Weston (NYSE:LW) generated first-quarter net sales of $1.67 billion, marking a 1% year-over-year increase.
• The potato processing company delivered net income of $29 million alongside adjusted EBITDA of $286 million.
• Management updated its full-year fiscal 2027 adjusted EBITDA target range to $1.125 billion to $1.215 billion.

Lamb Weston (NYSE:LW) reported first-quarter fiscal 2027 net sales of $1.67 billion, representing a 1% top-line increase year-over-year.

The modest sales expansion was supported by steady commercial demand across global food service and retail channels.

The company further updated its full-year adjusted EBITDA outlook to $1.125 billion to $1.215 billion.

During the period under review, the company achieved adjusted net income of $103 million and reported adjusted diluted earnings per share of $0.75 for the quarter.

Lamb Weston manufactures and distributes value-added frozen potato products to restaurants and grocery retailers worldwide.

Management confirmed it will continue executing supply chain cost optimizations to protect operating margins through fiscal 2027.