Lamb Weston (LW) Tops Q2 EPS by 1c
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Lamb Weston Holdings, Inc. Reports Fiscal Second Quarter 2018 Results and Updates Full Year Outlook
January 4, 2018 8:30 AM ESTSecond Quarter 2018 Highlights
Net sales increased 4% to $825 million Income from operations increased 11% to $140 million; Adjusted Income from Operations(1) increased 7% to $144 million Adjusted EBITDA including unconsolidated joint ventures(1) increased 12% to $189 million Diluted EPS was $0.52, compared with $0.59 in second quarter 2017 Adjusted Diluted EPS(1) was $0.54, compared with $0.63 in second quarter 2017 Raised quarterly dividend by 2%Updated FY 2018 Outlook
Net sales expected to increase mid-single digits, up from a... More