Lamb Weston Holdings, Inc. announced its first‑quarter fiscal 2026 results on Tuesday, 2025‑10‑02, reporting net sales of $1.66 billion and adjusted net income of $103 million. Adjusted earnings per share were $0.74 and adjusted EBITDA reached $302.2 million, reflecting a 6 % volume increase and a 5 % decline in price/mix. The company’s operating model delivered a solid start to the fiscal year, with volume growth offsetting the impact of price reductions and cost‑cutting charges.
The company reaffirmed its fiscal 2026 guidance, projecting constant‑currency sales of $6.35 billion to $6.55 billion and adjusted EBITDA of $1.0 billion to $1.2 billion. President and CEO Mike Smith highlighted that the results underscore the strength of Lamb Weston’s value proposition and operating model, citing solid volume growth and positive customer momentum. The guidance reaffirmation signals confidence in the company’s turnaround strategy and its ability to maintain profitability in a soft demand environment.
Earnings beat expectations by more than 5 % and the company’s ability to generate a 6 % volume increase in a challenging market demonstrates effective cost control and execution of its restructuring plan. The results provide a positive outlook for the remainder of the fiscal year and support the company’s long‑term value creation objectives.
The announcement confirms that Lamb Weston’s operational improvements and market‑focused strategy are translating into measurable financial performance, reinforcing investor confidence in the company’s trajectory for fiscal 2026.
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