Lamb Weston Reports Fiscal Fourth Quarter and Full Year 2021 Results; Provides Fiscal Year 2022 Outlook
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Lamb Weston (LW) Reports In-Line Q4 EPS, Revenues Beat
July 27, 2021 8:32 AM EDTLamb Weston (NYSE: LW) reported Q4 EPS of $0.44, in-line with the analyst estimate of $0.44. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $924.38 million.
Fiscal 2021 was the most challenging operating environment in our companys history, but we believe the worst of the COVID-19 pandemics effect on our business is behind us, said Tom Werner, President and CEO. Im proud of how the entire Lamb Weston team has been navigating through the pandemic by prioritizing the health and welfare of our employees, maintaining product safety, and servicing our... More
