Lamb Weston Holdings, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael Jared Smith
- Full Time Employees
- 10,700
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- 599 South Rivershore Lane Eagle ID United States of America 83616
- IPO Date
- Nov 10, 2016
- CIK
- 0001679273
- Website
- lambweston.com
- Similar Companies
- Business
- Lamb Weston Holdings, Inc. is a global producer, distributor, and marketer of value-added frozen potato products headquartered in Eagle, Idaho, and founded in 1950. The company offers a diverse portfolio of products including frozen potatoes, sweet potatoes, appetizers, wedges, and specialty potato items under its primary Lamb Weston brand as well as customer labels and licensed brands such as Grown in Idaho and Alexia. Its core products include classic fries, extra crispy fries, sweet potatoes, appetizing snacks, and complementary items such as dips, sauces, seasonings, entrees, salads, sides, and loaded potato dishes. Lamb Weston serves a broad range of customers including quick service and full-service restaurant chains, foodservice distributors, grocery stores, mass merchants, club retailers, specialty retailers, and institutional clients worldwide across North America, Europe, Asia, Latin America, and the Middle East. Recent major company developments include a strategic cooperation agreement resulting in the appointment of six new independent directors to the Board through collaboration with activist investors JANA Partners Management and Continental Grain Company. This board reorganization aims to enhance leadership and operational execution under the new chairman Bradley Alford. Lamb Weston has also launched a significant sustainability initiative through a partnership with Atlas Agro to procure locally produced green fertilizers, aiming to reduce greenhouse gas emissions associated with potato farming by approximately 99% compared to traditional fertilizers. The company reaffirmed its fiscal 2026 outlook targeting net sales of between $6.35 billion and $6.55 billion and adjusted EBITDA of between $1.00 billion and $1.20 billion, focusing on operational excellence through vertical integration from sustainable farming practices to advanced processing and efficient global distribution networks. Lamb Weston Holdings operates in the frozen food industry with segments primarily divided into North America and International markets, targeting global restaurant chains, retail foodservice, and industrial foodservice customers. The company emphasizes quality control, supply chain efficiency, and innovation in frozen potato products that consistently deliver texture, flavor, and performance. Recent leadership changes include the appointment of Michael J. Smith as President and CEO and the addition of senior officers such as a Chief Information Officer and Chief Supply Chain Officer, underscoring its strategic push towards growth, sustainability, and shareholder value enhancement amid evolving market conditions.
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