Lamb Weston Holdings, Inc. · NYSE:LW

Lamb Weston — Q2 2018 Earnings Presentation

11 slides from Lamb Weston's earnings presentation, Jan 4, 2018

  1. Slide 1: Q2 2018 Earnings

    Q2 2018 Earnings January 4, 2018 © Lamb Weston | 1 Proprietary & Confidential. DO NOT forward, copy or distribute.

  2. Slide 2: Dexter Congbalay, VP Investor Relations

    Dexter Congbalay VP Investor Relations © Lamb Weston | 2 Proprietary & Confidential. DO NOT forward, copy or distribute.

  3. Slide 3: Forward-Looking Statements

    Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. Words such as “focus,” “invest,” “drive,” “build,” “support,” “grow,” “generate,” “leverage,” and variations of such words and similar expressions are intended to ident

  4. Slide 4: Tom Werner, President and CEO

    Tom Werner President and CEO © Lamb Weston | 4 Proprietary & Confidential. DO NOT forward, copy or distribute.

  5. Slide 5: Our Vision and Mission

    Our Vision and Mission Be the #1 Global Potato Company by creating solutions that inspire and serve our customers and consumers with a food they love and trust © Lamb Weston | 5 Proprietary & Confidential. DO NOT forward, copy or distribute.

  6. Slide 6: Clear Strategic Priorities

    Clear Strategic Priorities Differentiate Accelerate Global Supply Category & Chain to Customer Growth Drive Growth Invest for Growth © Lamb Weston | 6 Proprietary & Confidential. DO NOT forward, copy or distribute.

  7. Slide 7: Investing for Growth

    Investing for Growth Estimated North America Industry Capacity Utilization(1) (Fiscal Years) ● Lamb Weston has consistently Including Hermiston expansion Excluding Hermiston expansion invested capital to support customers’ growth 105% ● Hermiston, Oregon expansion:  ~$250 million investment 100% 

  8. Slide 8: Capital Allocation Priorities

    Capital Allocation Priorities Balanced, returns-driven approach for deploying capital ● Invest in capacity expansion to support customer and Invest for category growth Growth ● Pursue frozen potato acquisition opportunities ● Target 3.5x-4.0x ratio of net debt to Adjusted EBITDA Manage ● Modest mand

  9. Slide 9: Well Positioned to Create Shareholder Value

    Well Positioned to Create Shareholder Value ● Leader in a growing, global category ● Advantaged scale and capabilities ● Clear strategic priorities ● Balanced, returns-driven approach to capital allocation © Lamb Weston | 9 Proprietary & Confidential. DO NOT forward, copy or distribute.

  10. Slide 10: Rob McNutt, SVP and CFO: Q2 2018 Financial Review

    Rob McNutt SVP and CFO Q2 2018 Financial Review © Lamb Weston | 10 Proprietary & Confidential. DO NOT forward, copy or distribute.

  11. Slide 11: © Lamb Weston | 11 Proprietary & Confidential. DO NOT forward, copy or distribute.

    © Lamb Weston | 11 Proprietary & Confidential. DO NOT forward, copy or distribute.

Lamb Weston Holdings — Q2 2018 Earnings Presentation on 6ix