Lamb Weston rises on upbeat sales forecast, Q4 results beat

Lamb Weston Holdings

23/07/2025 14:06

** Shares of frozen potato products maker Lamb Weston LW.N up 11.15% at 54.61 premarket after company forecasts annual revenue largely above estimates

** Expects fiscal 2026 sales in the range of $6.35 bln to $6.55 bln, versus analysts' estimate of $6.42 bln, according to data compiled by LSEG

** Also beats estimates for Q4 sales and profit, posts surprise rise in sales driven by strong international demand from restaurants to which it supplies its products

** International net sales, excluding North America, rose 15%, offsetting a decline in demand in the U.S. due to fall in consumer spending

** As of last close, LW down nearly 26.43% YTD

(Reporting by Anshi Sancheti)

((Anshi.Sancheti@thomsonreuters.com))