Categories AlphaGraphs, Consumer, Earnings

LW Earnings: Everything you need to know about Lamb Weston’s Q3 2024 report

Lamb Weston Holdings, Inc. (NYSE: LW), a leading supplier of frozen potato products to restaurants and retailers, reported lower adjusted earnings for the third quarter of 2024, despite a double-digit increase in net sales.

Lamb Weston Q3 2024 earnings infographic

Third-quarter earnings, adjusted for special items, decreased to $1.20 per share from $1.47 per share a year earlier. Net income, including one-off items, was $146.1 million or $1.01 per share in Q3, down 17% from the prior-year quarter.

Meanwhile, net sales increased 16% annually to $1.46 billion during the three months. The top line included $357 million of incremental sales attributable to the LW EMEA Acquisition.

Prior Performance

  • Lamb Weston Q2 2024 Earnings Infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

INTU Earnings: Intuit Q3 2024 revenue and adj. profit top expectations

Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts' estimates. At $6.74 billion, the Mountain

After blowout quarter, Nvidia (NVDA) looks set to continue riding the AI wave

Shares of NVIDIA Corporation (NASDAQ: NVDA) rallied this week after the semiconductor giant reported robust first-quarter numbers. Being a first mover in artificial intelligence chips, the company is spearheading the

Target Corp. (TGT): A brief look at the retailer’s performance in Q1 2024

Shares of Target Corporation (NYSE: TGT) rose over 1% on Thursday. The stock has dropped over 11% in the past one month. The company delivered mixed results for the first

Add Comment
Viewing Highlight