Lamb Weston narrows FY26 revenue view $6.45B-$6.55B from $6.35B-$6.55B

Consensus $6.53B. Narrows adjusted EBITDA view $1.08B-$1.14B from $1B-$1.2B. Sees cash used for capex $400M. The company said, “The Company’s net sales guidance includes an approximate 1.8% benefit from an anticipated favorable foreign currency translation. The guidance also reflects the Company’s current assessment of the anticipated impact of enacted tariffs by the U.S. and other countries but does not include potential effects of evolving trade policies or the potential for refunds, if any, relating to legal challenges or policy reversals. The guidance range takes into account the current expectation for ongoing disruption in certain markets in the Middle East. In addition, the fiscal 2026 outlook includes the contribution of a 53rd week in the fiscal period, which occurs in the fourth quarter of fiscal 2026.”