---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016251"
form_type: "8-K"
ticker: "LW"
cik: "0001679273"
company_name: "Lamb Weston Holdings, Inc."
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:02:53.435590+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lamb Weston Q1: sales +48% to $1.67B, adj EPS $1.63; raises FY2024 outlook

## Summary
- Net sales $1,665M (+48% YoY); GAAP diluted EPS flat at $1.60; adj diluted EPS $1.63 (+109%).
- Raised FY2024 outlook: adj diluted EPS $5.50-$5.95 (prev $4.95-$5.40); adj EBITDA $1.54B-$1.62B.
- North America segment sales +19%; International segment sales +212% reflecting acquisitions.
- Repurchased $100M of stock (992,365 shares at avg $100.77); paid $41M in dividends.
- Gross profit +106% to $323M; volume down 8% due to exiting lower-margin business.

## SEC filing metadata
- accession: 0001558370-23-016251
- form_type: 8-K
- ticker: LW
- cik: 0001679273
- company_name: Lamb Weston Holdings, Inc.
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679273/000155837023016251/0001558370-23-016251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679273/000155837023016251/lw-20231005x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016251
- JSON: https://secwatch.observer/filing/0001558370-23-016251.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016251.txt

## Key facts
- Earnings Releases
  Lamb Weston Holdings, Inc. reported the first quarter of fiscal 2024 results: revenue $1,665 million, net income $235 million, EPS $1.60. Guidance raised.
  - Period: the first quarter of fiscal 2024
  - Revenue: $1,665 million
  - Net income: $235 million
  - EPS: $1.60
  - Guidance: raised
  - Result: reported results
  source text: 2024 Results; Raises Fiscal Year 2024 Outlook ​ First Quarter Fiscal 2024 Highlights ● GAAP Results as Compared to First Quarter Fiscal 2023: o Net sales increased 48% to $1,665 million, which includes $375 million of incremental sales attributable to acquisitions o Income from operations increased 106% to $323 million o Net income increased to $235 million from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679273/000155837023016251/0001558370-23-016251-index.htm

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