WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Friday, frozen potato products supplier Lamb Weston Holdings, Inc. (LW) initiated it adjusted earnings and net sales guidance for the full-year 2027.
For fiscal 2027, the company now projects adjusted earnings in a range of $2.95 to $3.25 per share on net sales growth of 0.0 to 1.0 percent.
On Thursday, the Board of Directors declared a quarterly dividend of $0.38 per share of Lamb Weston common stock, payable on September 4, 2026, to shareholders of record as of the close of business on August 7, 2026.
In Friday's pre-market trading, LW is trading on the NYSE at $47.50, down $1.72 or 3.48 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
