WASHINGTON (dpa-AFX) - While reporting financial results for the third quarter on Tuesday, frozen potato products supplier Lamb Weston Holdings, Inc. (LW) raised its net sales guidance for the full-year 2026.
For fiscal 2026, the company now projects net sales between $6.45 billion and $6.55 billion, up from the prior forecast range between $6.35 billion and $6.55 billion.
The Company noted that the guidance includes an approximate 1.8% benefit from an anticipated favorable foreign currency translation. It also reflects the anticipated impact of enacted tariffs by the U.S. and other countries.
However, it does not include potential effects of evolving trade policies or the potential for refunds, if any, relating to legal challenges or policy reversals.
Further, the guidance range takes into account the current expectation for ongoing disruption in certain markets in the Middle East.
On Tuesday, the Board of Directors declared a quarterly dividend of $0.38 per share of Lamb Weston common stock, payable on June 5, 2026, to shareholders of record as of the close of business on May 8, 2026.
In Wednesday's pre-market trading, LW is trading on the NYSE at $42.40, up $0.15 or 0.36 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Copyright(c) 2026 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2026 AFX News
