---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-108452"
form_type: "8-K"
ticker: "LW"
cik: "0001679273"
company_name: "Lamb Weston Holdings, Inc."
filed_at: "2023-10-11T23:59:59+00:00"
generated_at: "2026-06-10T01:41:52.615774+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lamb Weston sets long-term targets, boosts buyback by $500M at Investor Day

## Summary
- Long-term targets: net sales growth low-to-mid single digits, EBITDA growth mid-to-high single digits, EPS growth high single digits.
- Reaffirms FY2024 outlook: net sales $6.8-7.0B, adjusted diluted EPS $5.50-5.95, adjusted EBITDA $1.54-1.62B.
- Board increases share repurchase authorization to $500M (includes ~$124M remaining); no expiration date.
- Targets dividend payout ratio of 25-35% of net income; returned >$1.2B to shareholders since 2016.
- Positions as #1 frozen potato company in North America and #2 globally; highlights innovation and global footprint.

## SEC filing metadata
- accession: 0001104659-23-108452
- form_type: 8-K
- ticker: LW
- cik: 0001679273
- company_name: Lamb Weston Holdings, Inc.
- filed_at: 2023-10-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679273/000110465923108452/0001104659-23-108452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679273/000110465923108452/tm2328091d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-108452
- JSON: https://secwatch.observer/filing/0001104659-23-108452.json
- Plain text: https://secwatch.observer/filing/0001104659-23-108452.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.