Lamb Weston Holdings, Inc. (LW) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.378 Good day, and welcome to the Lamb-Weston Second Quarter 2026 Earnings 00:00:05.378 -- 00:00:08.763 Call. Today's conference is being recorded. 00:00:08.763 -- 00:00:13.249 At this time, I'd like to turn the conference over to Debbie Hancock, Vice President 00:00:13.249 -- 00:00:17.351 of Investor Relations. Please go ahead. 00:00:18.516 -- 00:00:23.162 Good morning, and thank you for joining us for Lamb-Weston's Second Quarter Fiscal 26 00:00:23.162 -- 00:00:28.347 Earnings Call. I'm Debbie Hancock, Lamb-Weston's Vice President of Investor Relations. 00:00:28.347 -- 00:00:33.033 Earlier today, we issued our press release and posted slides that we will use for our 00:00:33.033 -- 00:00:37.860 discussion today. You can find both on our website, lambweston.com. 00:00:37.860 -- 00:00:41.725 Please note that during our remarks, we will make forward-looking statements about the 00:00:41.725 -- 00:00:46.932 company's expected performance that are based on our current expectations. 00:00:46.932 -- 00:00:51.238 Actual results may differ materially due to risks and uncertainties. 00:00:51.238 -- 00:00:56.596 Please refer to the cautionary statements and risk factors contained in our SEC filings 00:00:56.596 -- 00:00:59.640 for more details on our forward-looking statements. 00:00:59.640 -- 00:01:03.305 Some of today's remarks include non-GAAP financial measures. 00:01:03.305 -- 00:01:08.272 These non-GAAP financial measures should not be considered a replacement for and should 00:01:08.272 -- 00:01:13.539 be read together with our GAAP results. You can find the GAAP to non-GAAP reconciliations 00:01:13.539 -- 00:01:17.985 in our earnings release in the appendix to our presentation. 00:01:17.985 -- 00:01:23.613 Joining me today are Mike Smith...