Lamb Weston Holdings, Inc. — fact timeline

Lamb Weston Holdings, Inc. announced a restructuring with charges of approximately $80 million to $110 million affecting manufacturing facility in Broekhuizenvorst, the Netherlands.

“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”

Lamb Weston Holdings, Inc. incurred term loan of RMB 700,000,000 with HSBC Bank (China) Company Limited, Shanghai Branch at prime rate for five-year loans published by the PRC National Interbank Funding C maturing May 22, 2031.

“On May 19, 2026, Ulanqab Lamb Weston Food Co., Ltd. (“LW Ulanqab”), a limited liability company incorporated under the laws of the People’s Republic of China (the “PRC”) and a wholly owned subsidiary of Lamb Weston Holdings, Inc. (the “Company”), entered into a Facility Agreement (the “New Facility Agreement”) with the financial institutions party thereto and HSBC Bank (China) Company Limited, Shanghai Branch, as the facility agent (the “Facility Agent”), providing for an RMB 700,000,000 (approximately USD 102,940,000 equivalent as of May 19, 2026 based on prevailing exchange rates on that date) term loan facility (the “Term Loan Facility”).”

Lamb Weston Holdings, Inc. reported the third quarter of fiscal 2026 results: revenue $1,564.8, net income $54.0, EPS $0.39.

“for fiscal 2026. Summary of Third Quarter FY 2026 Results ($ in millions, except per share) Q3 2026 Year-Over-Year Growth Rates YTD 2026 Year-Over-Year Growth Rates Net sales $ 1,564.8 3 % $ 4,842.2 1 % Income from operations $ 126.6 (49) % $ 422.3 (12) % Net income $ 54.0 (63) % $ 180.4 (24) % Diluted EPS $ 0.39 (62) % $ 1.29 (22) % Adjusted Income from”

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.

“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”

Sukshma Rajagopalan resigned as Chief Information and Digital Officer at Lamb Weston Holdings, Inc..

“On October 11, 2024, Sukshma Rajagopalan notified Lamb Weston Holdings, Inc. (the “Company”) of her intention to resign as Chief Information and Digital Officer, effective October 25, 2024, to pursue another opportunity.”

Norman Prestage was appointed as director at Lamb Weston Holdings, Inc..

“On September 26, 2024, the Board of Directors (the “Board”) of Lamb Weston Holdings, Inc. (“Lamb Weston” or “we”) increased the size of the Board from ten to eleven members and appointed Norman Prestage to serve as a director on the Board.”

Lamb Weston Holdings, Inc. terminated Existing Term Loan Credit Agreement.

“The Term Loan Credit Agreement replaces the Company’s existing Credit Agreement, dated as of June 28, 2019 (as amended, the “Existing Term Loan Credit Agreement”)”

Lamb Weston Holdings, Inc. terminated Existing Revolving Credit Agreement.

“The Revolving Credit Agreement replaces the Company’s existing Credit Agreement, dated as of November 9, 2016 (as amended, the “Existing Revolving Credit Agreement”)”

Lamb Weston Holdings, Inc. entered into Amended and Restated Credit Agreement with AgWest Farm Credit, PCA, as administrative agent valued at $325.0 million (effective 2024-05-03).

“On the Closing Date, the Company entered into the Amended and Restated Credit Agreement (the “Term Loan Credit Agreement”), among the Company, as the borrower, the guarantors party thereto, the lenders from time to time party thereto and AgWest Farm Credit, PCA, as administrative agent.”

Lamb Weston Holdings, Inc. entered into Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent valued at $1.5 billion (effective 2024-05-03).

“On May 3, 2024 (the “Closing Date”), Lamb Weston Holdings, Inc. (the “Company”) entered into the Amended and Restated Credit Agreement (the “Revolving Credit Agreement”), among the Company, as a borrower, Lamb-Weston/Meijer v.o.f. (“LW EMEA”), as a borrower, the guarantors party thereto, the lenders from time to time party thereto and Bank of America, N.A., as administrative agent.”

Lamb Weston Holdings, Inc. reported the fiscal third quarter 2024 results: revenue $1,458.3 million, net income $146.1 million, EPS $1.01. Guidance lowered.

“North America and a $25 million pre-tax charge (1) for the write-off of excess raw potatoes • GAAP Results as Compared to Third Quarter Fiscal 2023: ◦ Net sales increased 16% to $1,458 million, including $357 million of incremental sales attributable to the LW EMEA Acquisition ◦ Income from operations declined 16% to $224 million ◦ Net income declined 17% to $146”