Lamb Weston Holdings, Inc. (NYSE: LW) is a global leader in frozen potato products and other frozen food items, serving quick-service restaurants, foodservice operators, and retail customers worldwide.
On April 1, 2026, the company reported fiscal third-quarter 2026 results. Revenue showed resilience with $1.56 billion in net sales, driven by strong volume growth (particularly in North America) that offset softer price/mix and competitive pressures in certain international markets.
While top-line performance beat expectations, profitability faced headwinds. Adjusted EBITDA came in at $271.7 million. For the first nine months of fiscal 2026, net sales totaled $4.84 billion (up 1% year-over-year).
Despite the year-over-year profit declines, management demonstrated confidence by increasing the midpoint of its full-year fiscal 2026 net sales and adjusted EBITDA outlook and reducing projected capital expenditures. The company also declared a quarterly dividend of $0.38 per share.
Lamb Weston continues to focus on volume growth, operational efficiencies, and long-term cost-saving initiatives amid a challenging environment of input cost volatility and shifting consumer demand.