Lamb Weston Earnings: Shares Remain Undervalued Even After Rally on Improved Outlook
Lamb Weston's fiscal 2027 first-quarter sales rose 1% to $1.7 billion as higher volume and slightly favorable currency offset lower prices and unfavorable mix. Adjusted EBITDA margin of 17.1% was 110 basis points lower than the prior year but 80 basis points higher than the fiscal fourth quarter.