Lamb Weston Holdings Inc

For the period ended Nov 26, 2023. Filed Jan 4, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Nov 26, 2023 · Filed Jan 4, 2024

LW$57.11-0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Earnings

(unaudited, in millions, except per share amounts)


· · Thirteen Weeks Ended · · Twenty-Six Weeks Ended
· November 26, · November 27, · November 26, · November 27,
· · 2023 · · 2022 · · 2023 · · 2022
Net sales	$1,732.1	$1,276.5	$3,397.4	$2,402.1
Cost of sales	1,256.5	894.9	2,422.3	1,747.2
Gross profit	475.6	381.6	975.1	654.9
Selling, general and administrative expenses	170.0	109.8	346.2	226.1
Income from operations	305.6	271.8	628.9	428.8
Interest expense, net	29.1	24.6	59.8	50.6
Income before income taxes and equity method earnings	276.5	247.2	569.1	378.2
Income tax expense	66.2	36.8	136.1	110.5
Equity method investment earnings (loss)	4.7	(107.3)	16.8	67.3
Net income	$215.0	$103.1	$449.8	$335.0
Earnings per share:
Basic	$1.48	$0.72	$3.10	$2.33
Diluted	$1.48	$0.71	$3.08	$2.32
Weighted average common shares outstanding:
Basic	144.9	144.0	145.3	144.0
Diluted	145.5	144.6	146.0	144.6

ContentsView on SEC.gov

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