Lamb Weston Holdings, Inc. (LW): restructuring charge — Lamb Weston to close Netherlands plant, expects $80-110M pre-tax charges

Lamb Weston Holdings, Inc.

Board committed to close manufacturing facility in Broekhuizenvorst, the Netherlands.
Expected total pre-tax charges of $80M to $110M, mostly in fiscal year ending May 2027.
At least 20% of charges will result in future cash expenditures.
Charges include write-down of long-lived assets, inventory, severance, and other costs.
Formal consultation with Works Council will be initiated under Dutch regulations.

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 $80 million to $110 million affecting manufacturing facility in Broekhuizenvorst, the Netherlands.

Type: restructuring
Charge: approximately $80 million to $110 million
Affected area: manufacturing facility in Broekhuizenvorst, the Netherlands

Exact text from the filing

better align our global manufacturing footprint with customer needs. In connection with the planned facility closure, we expect to incur total pre-tax charges of approximately $80 million to $110 million, substantially all of which are expected to be recognized in our fiscal year ending May 30, 2027. We estimate at least 20% of these charges will result in future

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Source: SEC EDGAR

accession 0001679273-26-000020

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