Lamb Weston Raises FY2027 Sales Outlook Following 1% Q1 Revenue Growth
Key Facts
Lamb Weston reported net sales of $1.67 billion for the first quarter of fiscal 2027, a 1% increase compared to the previous year. According to Quiver Quantitative, the company raised its full-year fiscal 2027 net sales outlook to low-single-digit growth and upgraded its adjusted EBITDA guidance to a range between $1.125 billion and $1.215 billion. Adjusted diluted earnings per share for the quarter reached $0.75.
LW closed at $44.57 on October 5, 2026, having traded between a low of $42.99 and a high of $45.6 during that session. The improved financial outlook is supported by operational momentum in North America and progress in cost-saving initiatives, which helped offset inflationary pressures on input and freight costs.
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Update: LW shares rose 3.5% after the company raised its full-year adjusted EPS guidance, with first-quarter results exceeding analyst estimates. The stock's gains reflect investor confidence following the upward revision of the company's broader fiscal 2027 financial outlook.