Lamb Weston's Q3 Earnings Beat Estimates, Sales Rise 3% Y/Y

NodeGuardian · 2026-04-02T00:33:21+00:00

Lamb Weston Holdings, Inc. posted strong third-quarter fiscal 2026 results, with net sales rising 3% to $1,564.8 million. However, adjusted earnings fell 37% to 72 cents, prompting a revision of its full-year outlook.

NodeGuardian

2026-04-02 00:33:21

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Lamb Weston Holdings, Inc. reported solid third-quarter fiscal 2026 results, with both net sales and earnings beating Zacks Consensus Estimates. While net sales increased 3% year-over-year to $1,564.8 million, adjusted earnings declined 37% to 72 cents due to reduced gross profit and elevated SG&A expenses. The company also updated its full-year fiscal 2026 outlook, narrowing its adjusted EBITDA projection and lowering capital expenditure estimates.

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