LW News & Events

Backs FY26 adjusted EBITDA view $1B-$1.2B. The company said, "The company reiterates its most recent guidance included in its fiscal year 2026 second quarter earnings release on December 19, 2025. Lamb Weston will release third quarter earnings on April 1, 2026."

Lamb Weston (LW) announced two leadership appointments. The Lamb Weston board of directors has appointed Jan Craps executive chair, effective February 6. Craps most recently was the CEO and co-chair of Budweiser Brewing Company APAC, and CEO APAC for Anheuser-Busch InBev (BUD). James Gray will join Lamb Weston as CFO, effective April 2, succeeding Bernadette Madarieta, who will serve in an interim advisory capacity. Gray has spent the last 12 years with Ingredion (INGR).

Lamb Weston announced plans to close its Munro, Argentina plant and consolidate production for the Latin America region to its facility in Mar del Plata. "These actions are part of our broader strategy to improve profitability and enhance operational efficiency across our global manufacturing network. Effectively managing costs across our supply chain is critical to delivering value to customers, while enabling us to prioritize investments that modernize physical assets and keep operations efficient, resilient and ready for future growth," said chief supply chain officer Sylvia Wilks. Approximately 100 employees impacted by the closure will be provided with severance packages. Additionally, Lamb Weston announced plans to temporarily curtail a line in the Netherlands.

Notable gainers among liquid option names this morning include Molina Healthcare (MOH) $176.05 +5.39, Nike (NKE) $62.42 +1.23, Transdigm (TDG) $1336.64 +20.19, Lamb Weston (LW) $42.50 +0.55, and Advanced Micro Devices (AMD) $217.39 +2.05.