Lamb Weston Holdings, Inc. (LW) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Please stand by. We are about to begin. Ladies and gentlemen, good day and welcome to the Lamb Weston first quarter 2026 earnings call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Debbie Hancock, Vice President of Investor Relations. Please go ahead. Good morning and thank you for joining us for Lamb Weston's first quarter fiscal 2026 earnings call. I'm Debbie Hancock, Lamb Weston's Vice President of Investor Relations. Earlier today, we issued our press release and posted slides that we will use for our discussion today. You can find both on our website, lambweston.com. Please note that during our remarks, we will make forward-looking statements about the company's expected performance that are based on our current expectations. Actual results may differ materially due to risks and uncertainties. Please refer to the cautionary statements and risk factors contained in our SEC filings for more details on our forward-looking statements. Some of today's remarks include non-GAAP financial measures. These non-GAAP financial measures should not be considered a replacement for and should be read together with our GAAP results. You can find the GAAP to non-GAAP reconciliations in our earnings release and the appendix to our presentation. Joining me today are Mike Smith, our President and CEO, and Bernadette Madrieta, our Chief Financial Officer. Let me now turn the call over to Mike. Thank you, Debbie. Good morning and thank you for joining us today. The Lamb Weston team delivered first quarter results that exceeded our expectations and show commercial momentum in our business. While we are early in our focus to win execution, we are energized and excited by the emerging evidence of results coming from the foundation that we be...