Lamb Weston (NYSE:LW) Declares Quarterly Dividend of $0.38

Key Points

• Lamb Weston declared a quarterly dividend of $0.38 per share, equivalent to $1.52 annually and a 3.2% yield. The dividend is payable December 4 to shareholders of record as of November 6.
• Fiscal first-quarter results exceeded expectations, with adjusted EPS of $0.75 versus the $0.59 consensus and revenue of $1.67 billion versus $1.65 billion expected. Management also raised fiscal 2027 adjusted EPS guidance to $3.05–$3.35.
• The company’s turnaround showed mixed progress: North American sales rose 5.2% amid volume and market-share gains, while international sales fell 8% and net income declined 55% to $29.1 million.

Lamb Weston (NYSE:LW - Get Free Report) declared a quarterly dividend on Monday, October 5th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.38 per share by the specialty retailer on Friday, December 4th. This represents a $1.52 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, November 6th.

Lamb Weston has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 7 consecutive years. Lamb Weston has a payout ratio of 39.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Lamb Weston to earn $3.24 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 46.9%.

Lamb Weston Stock Up 7.4%

LW traded up $3.28 during trading on Tuesday, hitting $47.85. The stock had a trading volume of 8,376,715 shares, compared to its average volume of 2,248,889. Lamb Weston has a twelve month low of $37.62 and a twelve month high of $67.07. The stock has a 50 day simple moving average of $50.13 and a two-hundred day simple moving average of $45.96. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.74 and a current ratio of 1.42. The company has a market capitalization of $6.58 billion, a PE ratio of 23.01, a PEG ratio of 1.94 and a beta of 0.49.

Lamb Weston (NYSE:LW - Get Free Report) last released its quarterly earnings results on Tuesday, October 6th. The specialty retailer reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.16. The company had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.65 billion. Lamb Weston had a return on equity of 23.33% and a net margin of 4.39%.The firm's revenue was up .7% compared to the same quarter last year. During the same period last year, the business posted $0.74 earnings per share. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS. On average, research analysts predict that Lamb Weston will post 3.06 earnings per share for the current year.

Trending Headlines about Lamb Weston

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Fiscal Q1 adjusted earnings per share came in at $0.75, beating the $0.59 analyst consensus, while revenue reached $1.67 billion, ahead of the $1.65 billion estimate. Lamb Weston Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management raised fiscal 2027 targets, including low-single-digit net sales growth, adjusted EBITDA of approximately $1.125 billion to $1.215 billion, and adjusted EPS of $3.05 to $3.35, above the roughly $3.02 consensus. Lamb Weston Lifts Fiscal 2027 Outlook
• Positive Sentiment: North American sales rose 5.2% to $1.14 billion, supported by higher volume, resilient restaurant demand and market-share gains. Cost-cutting initiatives also helped the bottom line and reinforced the turnaround narrative. Lamb Weston Beats Q1 Expectations
• Positive Sentiment: The board declared a quarterly dividend of $0.38 per share, payable December 4, 2026, providing continued shareholder income.
• Neutral Sentiment: Lamb Weston announced a planned transition and separation involving its international president. The change introduces some leadership uncertainty, although no immediate operational impact was disclosed. Lamb Weston Announces Planned Transition of International President
• Negative Sentiment: International sales declined 8.0% to $528.9 million, and reported net income fell 55% to $29.1 million. Gross profit also declined, highlighting continued inflation, pricing and overseas demand challenges.

Lamb Weston Company Profile

Lamb Weston Holdings, Inc NYSE: LW is a global producer and marketer of frozen potato products. The company supplies French fries, potato wedges, hash browns, potato rounds, mashed potatoes and other specialty potato products to restaurants, foodservice distributors, retailers and food manufacturers.

Its product portfolio includes conventional and specialty frozen potato offerings, as well as sweet potato products and appetizer items. Lamb Weston sells products under its Lamb Weston and Grown in Idaho brands, while also providing private-label products for retail and foodservice customers.

The company's history dates to the 1950s, when it began producing frozen potato products in the Pacific Northwest.

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