Lamb Weston raises fiscal 2027 outlook after first-quarter results

On October 6, 2026, Lamb Weston reported fiscal first-quarter net sales of $1.67 billion, up 1% year over year, while adjusted diluted EPS was $0.75 and adjusted EBITDA was $286 million; net income fell to $29 million from $64 million. North America sales rose 5% and segment adjusted EBITDA increased 11%, but International sales fell 8% and segment adjusted EBITDA declined 54%. Lamb Weston raised its fiscal 2027 outlook to low-single-digit net sales growth, adjusted EBITDA of $1.125 billion to $1.215 billion and adjusted diluted EPS of $3.05 to $3.35, and declared a $0.38-per-share dividend payable December 4, 2026.