Lamb Weston (LW) Tops Q3 EPS by 13c
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Lamb Weston Reports Fiscal Third Quarter 2019 Results and Updates Full Year Outlook
April 2, 2019 8:30 AM EDTThird Quarter 2019 Highlights
Net sales increased 7% to $927 million Income from operations increased 15% to $194 million; Adjusted Income from Operations(1) increased 13% to $194 million Adjusted EBITDA including unconsolidated joint ventures(1) increased 7% to $253 million Diluted EPS decreased to $0.95 from $1.06, because diluted EPS for the third quarter 2018 included a $0.16 net benefit from discrete items attributable to U.S. tax reform Adjusted Diluted EPS(1) increased to $0.95 from $0.91 Returned $36 million of cash to stockholders in the form of... More