Lamb Weston reports Q1 adjusted EPS 74c, consensus 53c

Reports Q1 revenue $1.659B, consensus $1.62B. “The Lamb Weston (LW) team delivered a strong start to the fiscal year with solid volume growth and positive customer momentum, underscoring the strength of our value proposition and our operating model,” said Mike Smith, Lamb Weston president and CEO. “We believe our sharpened executional focus and strategic plans behind our Focus to Win strategy are beginning to deliver and position us to drive long-term growth and sustainable value for our shareholders.”