---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-005527"
form_type: "8-K"
ticker: "LW"
cik: "0001679273"
company_name: "Lamb Weston Holdings, Inc."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:13:11.624489+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lamb Weston Q3 net sales +31% to $1.25B, adj. EPS $1.43; raises FY guidance

## Summary
- Q3 net sales $1,253.6M (+31% YoY); income from operations $266.3M (+99%); diluted EPS $1.21 (+66%).
- Adjusted diluted EPS $1.43 (+127% YoY); adjusted EBITDA $345.5M (+72%).
- Raised FY2023 outlook: net sales $5.25-5.35B, adj. diluted EPS $4.35-4.50, adj. EBITDA $1,180-1,210M.
- Acquired remaining 100% of LW EMEA for €531.6M cash + 1.95M shares; consolidation begins Q4.
- Returned $35.2M in dividends and $12.2M in share repurchases in Q3.

## SEC filing metadata
- accession: 0001558370-23-005527
- form_type: 8-K
- ticker: LW
- cik: 0001679273
- company_name: Lamb Weston Holdings, Inc.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679273/000155837023005527/0001558370-23-005527-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679273/000155837023005527/lw-20230406x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-005527
- JSON: https://secwatch.observer/filing/0001558370-23-005527.json
- Plain text: https://secwatch.observer/filing/0001558370-23-005527.txt

## Key facts
- Earnings Releases
  Lamb Weston Holdings, Inc. reported fiscal third quarter 2023 results: revenue $1,254 million, net income $175 million, EPS $1.21. Guidance raised.
  - Period: fiscal third quarter 2023
  - Revenue: $1,254 million
  - Net income: $175 million
  - EPS: $1.21
  - Guidance: raised
  - Result: reported results
  source text: Updates Fiscal Year 2023 Outlook ​ Third Quarter Fiscal 2023 Highlights ● GAAP Results as Compared to Third Quarter Fiscal 2022: o Net sales increased 31% to $1,254 million o Income from operations increased 99% to $266 million o Net income increased 64% to $175 million o Diluted EPS increased 66% to $1.21 ● Non-GAAP Results as Compared to Third Quarter Fiscal 2022: o Adjusted Income from Operations (1) increased 96% to $262 million o Adjusted Net Income (1) increased 125% to $207 million o Adjusted Diluted EPS (1) increased 127% to $1.43 o Adjusted EBITDA including unconsolidated joint ventures (1) increased 72% to $346 million ● Paid $35 million in cash dividends and repurchased $12 million of common stock ​ Updated Fiscal 2023 Outlook ● Updated financial targets include the consolidation of the European joint venture in the fiscal fourth quarter ● Net sales of $5.25 billion to $5.35 b
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679273/000155837023005527/0001558370-23-005527-index.htm

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