Update: Lamb Weston Shares Fall After Fiscal Q2 Adjusted EPS Decline, 2026 Sales Outlook Reaffirmed

MT Newswires Live12-20

(Updates with latest stock movement in the headline and lede, analyst comments in the last paragraph.)

Lamb Weston (LW) shares were down 24% in recent Friday trading after its fiscal Q2 adjusted earnings fell from a year earlier and it reaffirmed its full-year sales outlook.

The company reported fiscal Q2 adjusted earnings of $0.69 per diluted share, down from $0.73 a year earlier. Analysts polled by FactSet expected $0.64.

Net sales for the quarter ended Nov. 23 were $1.62 billion, up from $1.60 billion a year earlier. Analysts surveyed by FactSet expected $1.59 billion.

The company reaffirmed its fiscal 2026 net sales outlook range of $6.35 billion to $6.55 billion. Analysts polled by FactSet expect $6.53 billion.

Analysts at CFRA, in a research alert, said that Lamb Weston reaffirming its guidance likely disappointed investors who were expecting an upward revision considering "strong" results in fiscal H1.

Price: 45.07, Change: -14.26, Percent Change: -24.04

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment