Lamb Weston Holdings, Inc. (NYSE: LW) reported fourth quarter 2023 earnings results today.
Net sales totaled $1.69 billion, up 47% from the same period a year ago.
Net income increased to $499 million, or $3.40 per share, from $32 million, or $0.22 per share, last year. Adjusted EPS increased 91% to $1.22.
For FY2024, the company expects net sales of $6.7-6.9 billion, net income of $725-790 million, and EPS of $4.95-5.40.
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