Lamb Weston (LW) Tops Q2 EPS by 11c, Offers FY20 Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Lamb Weston Reports Fiscal Second Quarter 2020 Results; Updates Fiscal Year 2020 Outlook
January 3, 2020 8:30 AM ESTSecond Quarter 2020 Highlights
Net sales increased 12% to $1,019 million Income from operations increased 11% to $194 million Net income increased 18% to $140 million EBITDA including unconsolidated joint ventures(1) increased 17% to $261 million Diluted EPS increased 28% to $0.95 from $0.74 Adjusted Diluted EPS(1) increased 19% to $0.95 from $0.80Updated FY 2020 Outlook
Net sales expected to increase at the high end of the Companys estimate of mid-single digit growth Adjusted EBITDA including unconsolidated joint ventures(1) expected to be $965 million-$985 million, up from the previous estimate of $950... More