Lamb Weston Holdings, Inc. (LW): restructuring charge — Lamb Weston closing Argentina plant; expects $50M-$60M charges in FY2026

Lamb Weston Holdings, Inc.

Closure of Munro, Argentina facility; production consolidated to new Mar del Plata plant.
Pre-tax charges of $50M-$60M, substantially all recognized in FY2026 ending May 31, 2026.
About half of charges (~$25M-$30M) expected to be cash expenditures, mostly paid in FY2026.
Charges include write-down of assets, inventory, employee severance, and unused raw potato contracts.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

Lamb Weston Holdings, Inc. announced a restructuring with charges of approximately $50 million to $60 million affecting manufacturing facility in Munro, Argentina and consolidate production for the Latin America region to our new facility in Mar del Plata, Argentina.

Type: restructuring
Charge: approximately $50 million to $60 million
Affected area: manufacturing facility in Munro, Argentina and consolidate production for the Latin America region to our new facility in Mar del Plata, Argentina

Exact text from the filing

closure is part of our efforts to improve operating efficiency. In connection with the planned facility closure, we expect to incur total pre-tax charges of approximately $50 million to $60 million, substantially all of which are expected to be recognized in our fiscal year ending May 31, 2026. We estimate about half of these charges will result in future

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3 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

Lamb Weston Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001679273-26-000002

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