Lamb Weston guides FY2027 EPS $2.95-$3.25, sales flat to 1%

Lamb Weston reported fiscal fourth-quarter sales that rose 6% from a year earlier and issued a fiscal 2027 forecast for adjusted earnings of $2.95 to $3.25 a share. The company said net sales for the coming year would be flat to up 1%.

The guidance reflects continued pressure from higher input costs and a restructuring of its European footprint, Lamb Weston said. The frozen potato supplier has been adjusting capacity in the EMEA region to match weaker demand in some markets.

For the quarter ended May 25, net sales came in at $1.6 billion, up from $1.51 billion a year earlier. The company did not provide a comparable prior-year adjusted EPS figure for the quarter. Lamb Weston's fiscal year ends in late May.