Lamb Weston (NYSE: LW) reported Q1 EPS of $0.74, $0.19 better than the analyst estimate of $0.55. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.62 billion.

The Company reaffirms its financial targets for fiscal 2026 as follows:

Net sales at constant currency in the target range of $6.35 billion to $6.55 billion.
Adjusted EBITDA(1) target range of $1.00 billion to $1.20 billion.
Cash used for capital expenditures of approximately $500 million.
The Company’s guidance includes its current view of the anticipated impact of enacted tariffs by the U.S. and other governments but does not include potential effects of evolving trade policies, including future changes in tariffs or retaliatory measures.

For earnings history and earnings-related data on Lamb Weston (LW) click here.