secwatch.observer — SEC 8-K summary
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Issuer:     Lamb Weston Holdings, Inc. (LW)
CIK:        0001679273
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001679273-24-000085
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamb Weston Q2 net loss $0.25 EPS; cuts FY2025 guidance, increases buyback by $250M
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- Q2 net sales $1,600.9M (-8% YoY); net loss $36.1M, diluted EPS ($0.25) vs prior year net income $215.0M.
- Adjusted diluted EPS $0.66, down 54% from $1.45; adjusted net income $94.5M, down 55%.
- Restructuring plan pre-tax charge $159.1M ($0.86 per share); expects $55M pre-tax cost savings in FY2025.
- Board increased share repurchase authorization by $250M to $750M; quarterly dividend raised to $0.37 from $0.36.
- FY2025 guidance cut: net sales $6.35-6.45B (prev $6.6-6.8B); adjusted EPS $3.05-3.20 (prev $4.15-4.35); adjusted EBITDA $1.17-1.21B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679273/000167927324000085/0001679273-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679273/000167927324000085/lw-20241219.htm
  HTML page:      https://secwatch.observer/filing/0001679273-24-000085

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