The Associated Press//October 1, 2025//
The Associated Press//October 1, 2025//
EAGLE (AP) —Lamb Weston Holdings, Inc., on Tuesday reported fiscal first-quarter earnings of $64.3 million.
The Eagle, Idaho-based company said it had net income of 46 cents per share. Earnings, adjusted for non-recurring costs, came to 74 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
Lamb Weston, a 75-year-old Idaho company, is a leading supplier of frozen potato and other vegetable products for restaurants, retailers and others around the world. The company has 12 locations globally and employs more than 10,000 people.
Mike Smith, president and CEO of Lamb Weston, said in an interview on Yahoo!Finance that the company’s strategy is starting to yield results in long-term growth and “sustainable value” for company shareholders.
Smith said the company’s “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.”
The frozen foods supplier posted revenue of $1.66 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.62 billion.
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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on LW. IBR staff contributed to this report.