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Lamb Weston tops Q1 estimates and lifts full-year guidance

Lamb Weston said Q1 results beat expectations and margins improved, helping lift shares more than 10%.

Reported · Written up by our desk · Results

Lamb Weston has topped Q1 FY2027 earnings estimates and raised its full-year guidance as margins improved, according to MarketBeat Ratings.

The outlet also linked the turnaround progress to improving performance despite lingering issues tied to a previously botched rollout of an enterprise resource planning platform.

MarketBeat Ratings said sales remained sluggish, but margin improvement is setting up accelerated earnings growth in upcoming quarters.

The outlet added that Lamb Weston has healthy, improving capital return capacity to support dividends and share buybacks.

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