Lamb Weston (LW) Tops Q3 EPS by 6c, Reaffirms FY17 Outlook

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Go back to Lamb Weston (LW) Tops Q3 EPS by 6c, Reaffirms FY17 Outlook

Lamb Weston Holdings, Inc. Reports Fiscal Third Quarter 2017 Results

April 6, 2017 8:30 AM EDT

Net Sales increased 5% to $769 million Income from operations increased 14% to $145 million; Adjusted Income from Operations(1) increased 17% to $150 million Net Income attributable to Lamb Weston decreased 22% to $84 million from $107 million; Adjusted Net Income attributable to Lamb Weston(1) decreased 8% to $87 million Adjusted EBITDA including unconsolidated joint ventures(1) increased 11% to $191 million Diluted EPS was $0.57, down from $0.71 in the prior year period; Adjusted Diluted EPS(1) was $0.59 Reaffirms FY 2017 outlook... More