secwatch.observer — SEC 8-K summary
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Issuer:     Lamb Weston Holdings, Inc. (LW)
CIK:        0001679273
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001558370-24-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamb Weston Q2 EPS $1.48 (+108%); raises FY EPS view to $5.70-6.15; dividend +29%
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- Q2 net sales $1.73B (+36% YoY), including $376M from EMEA acquisition; organic sales +6%.
- GAAP diluted EPS $1.48 vs $0.71; adjusted diluted EPS $1.45 vs $1.26, up 15%.
- Includes $70.9M pre-tax charge for excess raw potato write-off, impacting segments.
- Raises FY2024 GAAP net income view to $830-900M, adjusted EPS to $5.70-6.15; reaffirms adj. EBITDA $1.54-1.62B.
- Quarterly dividend increased 29% to $0.36/share; $50M in stock buybacks during Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679273/000155837024000043/0001558370-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679273/000155837024000043/lw-20240104x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer