Lamb Weston up after lifting annual forecasts

Lamb Weston Holdings

06/10/2026 15:02

Updates
** Lamb Weston LW.N shares jump as much as 9.5% to $48.81 — set for their best day since July 2025, if gains hold
** The frozen fries supplier raises annual rev growth forecast to low-single digit rate from prior view of flat to 1% rise
** Sees resilient demand, particularly in North America that generates most revenue 
** Ups fiscal 2027 adj EPS view to $3.05 to $3.35 from $2.95 to $3.25
** Q1 North America sales rise 5%
** LW beats Q1 sales and adjusted profit estimates
** As of last close, stock up 6.4% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)
 ((Sanskriti.Shekhar@thomsonreuters.com))