Lamb Weston (LW) Tops Q1 EPS by 26c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Lamb Weston Reports Fiscal First Quarter 2023 Results; Reaffirms Fiscal Year 2023 Outlook
October 5, 2022 8:30 AM EDTFirst Quarter Fiscal 2023 Highlights
Compared to First Quarter Fiscal 2022: Net sales increased 14% to $1,126 million Income from operations increased 161% to $157 million Net income increased 678% to $232 million and Diluted EPS increased 700% to $1.60, including items impacting comparability of $161.4 million ($123.7 million after-tax, or $0.85 per share) Adjusted Net Income(1) increased 315% to $108 million and Adjusted Diluted EPS(1) increased 317% to $0.75 Adjusted EBITDA including unconsolidated joint ventures(1) increased 92% to $228 million Capital Returned to Shareholders: Paid $35 million in cash... More