Lamb Weston (LW) Reports In-Line Q4 EPS, Revenues Beat
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Lamb Weston Reports Fiscal Fourth Quarter and Full Year 2021 Results; Provides Fiscal Year 2022 Outlook
July 27, 2021 8:30 AM EDTFourth Quarter Fiscal 2021 Highlights
Net sales increased 19% to $1,008 million Income from operations increased 220% to $99 million Net income increased to $66 million from a loss of $2 million Diluted EPS increased to $0.44 from a loss of $0.01 Adjusted EBITDA including unconsolidated joint ventures(1) increased 112% to $166 millionFull Year 2021 Highlights
Net sales declined 3% to $3,671 million Income from operations declined 15% to $475 million Net income declined 13% to $318 million Diluted EPS declined 13% to $2.16 Adjusted EBITDA including unconsolidated joint... More