Lamb Weston Holdings, Inc. Reports Q2 FY2026 Results and Reaffirms Outlook

Lamb Weston Holdings, Inc. announced its financial results for the second quarter of fiscal year 2026, reporting net sales of $1,618.1 million, a slight increase from the previous year. The company experienced robust volume growth, particularly in North America and Asia, which offset a decline in price/mix due to customer support initiatives in a competitive market. Income from operations saw a significant increase of 652%, reaching $139.2 million, while net income rose to $62.1 million. Adjusted EBITDA was reported at $285.7 million. The company reaffirmed its full-year fiscal 2026 financial targets, expecting net sales between $6.35 billion and $6.55 billion, and Adjusted EBITDA between $1.00 billion and $1.20 billion. Additionally, the Board of Directors authorized a 3% increase in the quarterly dividend. The company continues to execute its cost savings program and invest in growth initiatives, including restarts of production lines and a new facility in Argentina.