Lamb Weston Holdings, Inc. (LW) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the Lamb-Weston Second Quarter Earnings Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Dexter Kongbule. Please go ahead, sir. Good morning and thank you for joining us for Lamb-Weston's Second Quarter 2024 Earnings Call. This morning, we issued our earnings press release, which is available on our website, lambweston.com. Please note that during our remarks, we'll make some forward-looking statements about the company's expected performance that are based on how we see things today. 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 gap to non-gap reconciliations in our earnings release. With me today are Tom Warner, our President and Chief Executive Officer, and Bernadette Madriada, our Chief Financial Officer. Tom will provide an overview of the potato crop and the current operating environment. Bernadette will then provide details on our second quarter results, as well as our updated fiscal 2024 outlook. With that, let me now turn the call over to Tom. Thank you, Dexter. Happy New Year, and thank you for joining our call today. The entire Landwesson team delivered another solid quarter, and I want to thank them for these results and continuing to execute the strategies that we outlined in our Investor Day presentation in October. We strongly believe that our investments to expand capacity organically and through acquisitions, imp...