Lamb Weston (LW) Tops Q4 EPS by 3c
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Lamb Weston Reports Fiscal Fourth Quarter and Full Year 2018 Results; Provides Fiscal Year 2019 Outlook
July 25, 2018 8:30 AM EDTFourth Quarter 2018 Highlights
Net sales increased 10% to $918 million Income from operations increased 9% to $134 million; Adjusted Income from Operations(1) increased 10%to $134 million Adjusted EBITDA including unconsolidated joint ventures(1) increased 15% to $203 million Diluted EPS increased to $0.68 from $0.51; $0.13 of the increase related to U.S. tax reform, including a $0.03 benefit from provisional impacts and a $0.10 benefit from a lower tax rate as a result of U.S. tax reform Adjusted Diluted EPS(1) increased to $0.65... More
