Lamb Weston Holdings, Inc. (LW) reported its second-quarter fiscal 2026 results on December 17, 2025, revealing net sales of $1.618 billion, surpassing the Zacks Consensus Estimate of $1.593 billion, with a year-over-year increase of $17.2 million. Adjusted earnings were 69 cents per share, exceeding the expected 67 cents, although down 5% from the prior year.
In its North America segment, net sales were flat at $1.069 billion, driven by an 8% volume growth, while the international segment saw a 4% increase to $548.6 million. The company’s adjusted EBITDA for the quarter was $285.7 million, marking an $8.5 million decline compared to the previous year, largely due to reduced gross profit.
Lamb Weston ended the quarter with cash equivalents of $82.7 million and long-term debt of $3.649 billion. The company generated $530.4 million in net cash from operating activities over the first half of the fiscal year, planning $500 million in capital expenditures for FY26.
