Articles from Lamb Weston Holdings, Inc.

Lamb Weston Holdings, Inc. (NYSELW) announced today that it has received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (TRC) dated February 11, 2025, to purchase up to 2,000,000 shares of Lamb Weston’s common stock at a price of $55.95 per share in cash. TRC’s offer price of $55.95 per share is approximately 4.34% lower than the $58.49 closing share price of Lamb Weston’s common stock on February 10, 2025, the business day prior to the date of the offer. The offer represents approximately 1.4% of Lamb Weston’s outstanding common stock as of that date.
By Lamb Weston Holdings, Inc. · Via Business Wire · February 13, 2025

Lamb Weston Holdings, Inc. (NYSELW) announced today the appointment of Michael J. Smith, current Chief Operating Officer of Lamb Weston, as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective January 3, 2025. Mr. Smith succeeds Thomas P. Werner, who is stepping down as CEO and as a member of the Board. Mr. Werner will serve in an advisory role through August 31, 2025 to ensure a smooth transition.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 19, 2024

Lamb Weston Holdings, Inc. (NYSELW) announced today its results for the second quarter of fiscal 2025 and updated its full year financial targets for fiscal 2025.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 19, 2024

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal 2025 second quarter results on Thursday, December 19, 2024. The news release will be issued at approximately 6:00 a.m. EST.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 12, 2024

On November 7, 2024, Lamb Weston opened its new production facility in Kruiningen, The Netherlands, joined by employees directly involved in the project, suppliers, and regional/local authorities. This investment increases Lamb Weston’s annual production capacity by 195 million kilos and is intended to support the growing global demand for high-quality frozen potato products. With this expansion, the Kruiningen site employs approximately 650 people, including the 120 new hires dedicated to this new plant.
By Lamb Weston Holdings, Inc. · Via Business Wire · November 7, 2024

Lamb Weston Holdings, Inc. (NYSELW) announced today its results for the first quarter of fiscal 2025 and updated its full year earnings targets for fiscal 2025.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 1, 2024

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on Nov. 29, 2024, to stockholders of record as of the close of business on Nov. 1, 2024.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 26, 2024

Lamb Weston Holdings, Inc. (NYSELW) announced the appointment of Norman Prestage to its Board of Directors, effective today. Mr. Prestage served as a partner at Ernst & Young, LLP, a professional services firm, until his retirement in June 2024. Mr. Prestage will also serve on the Board’s Audit and Finance Committee.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 26, 2024

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal 2025 first quarter results on Tuesday, October 1, 2024. The news release will be issued at approximately 5:30 p.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 3, 2024

Lamb Weston Holdings, Inc. (NYSELW) announced today that Sylvia Wilks has joined the company as its Chief Supply Chain Officer.
By Lamb Weston Holdings, Inc. · Via Business Wire · August 5, 2024

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal fourth quarter and full year 2024 results and provided its outlook for fiscal 2025.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 24, 2024

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on Aug. 30, 2024 to stockholders of record as of the close of business on Aug. 2, 2024.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 18, 2024

With a focus on making fries and making strides, Lamb Weston Holdings, Inc. (NYSELW) issued its fifth annual Global Sustainability Report today, providing updates on the company’s performance against key sustainability and people initiatives during its fiscal year 2023.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 25, 2024

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal 2024 fourth quarter and full year financial results on Wednesday, July 24, 2024. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 12, 2024

Lamb Weston Holdings, Inc. (NYSELW) announced today its results for the third quarter of fiscal 2024 and updated its full year earnings targets for fiscal 2024.
By Lamb Weston Holdings, Inc. · Via Business Wire · April 4, 2024

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on May 31, 2024 to stockholders of record as of the close of business on May 3, 2024.
By Lamb Weston Holdings, Inc. · Via Business Wire · March 20, 2024

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal third quarter 2024 financial results on Thursday, April 4, 2024. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · February 28, 2024

Lamb Weston Holdings, Inc. (NYSELW) announced today its results for the second quarter of fiscal 2024 and updated its full year earnings targets for fiscal 2024.
By Lamb Weston Holdings, Inc. · Via Business Wire · January 4, 2024

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock, a 29% increase.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 14, 2023

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal second quarter 2024 financial results on Thursday, January 4, 2024. The news release will be issued at approximately 8:30 a.m. EST.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 4, 2023

Members of the executive team of Lamb Weston Holdings, Inc. (NYSELW) joined with distinguished guests today to celebrate the grand opening of the company’s new processing facility in Ulanqab, Inner Mongolia, China.
By Lamb Weston Holdings, Inc. · Via Business Wire · November 6, 2023

In connection with its 2023 Investor Day, Lamb Weston Holdings, Inc. (NYSELW) is highlighting its continued progress against its strategic growth initiatives, providing updated long-term financial targets, reaffirming its fiscal 2024 outlook, and announcing an increase to its share repurchase authorization. At the Investor Day, Lamb Weston President and CEO Tom Werner, Chief Operating Officer Mike Smith, and Chief Financial Officer Bernadette Madarieta will present a comprehensive overview of the Company’s strategies to drive sustainable, profitable growth and peer-leading shareholder returns.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 11, 2023

Lamb Weston Holdings, Inc. (NYSELW) announced today its results for the first quarter of fiscal 2024 and raised its full year earnings targets for fiscal 2024.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 5, 2023

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.28 per share of Lamb Weston common stock. The dividend is payable on Dec. 1, 2023 to stockholders of record as of the close of business on Nov. 3, 2023.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 28, 2023

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal first quarter 2024 financial results on Thursday, October 5, 2023. The news release will be issued at approximately 8:30 a.m. EST.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 12, 2023

Lamb Weston Holdings, Inc. (NYSELW) will host an Investor Day on Wednesday, Oct. 11, 2023.
By Lamb Weston Holdings, Inc. · Via Business Wire · August 17, 2023

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal fourth quarter and full year 2023 results and provided its outlook for fiscal 2024.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 25, 2023

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.28 per share of Lamb Weston common stock. The dividend is payable on Sept. 1, 2023, to stockholders of record as of the close of business on Aug. 4, 2023.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 19, 2023

Lamb Weston Holdings, Inc. (NYSELW) announced the appointment of Rita Fisher, Chief Information Officer and Executive Vice President, Supply Chain, at Reynolds Consumer Products to its Board of Directors, effective today.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 19, 2023

Lamb Weston Holdings, Inc. (NYSELW) issued its fourth annual Environmental, Social, Governance (ESG) report today, reporting progress against 2030 ESG goals. The report provides updates on the company’s performance during its fiscal year 2022.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 20, 2023

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal fourth quarter and full year 2023 financial results on Tuesday, July 25, 2023. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 12, 2023

Lamb Weston Holdings, Inc. (NYSELW) announced today that Sukshma Rajagopalan will join the company as Chief Information and Digital Officer, effective June 26, 2023. She will lead the development and execution of the company’s digital strategy, reporting to Tom Werner, President and CEO.
By Lamb Weston Holdings, Inc. · Via Business Wire · May 22, 2023

Lamb Weston Holdings, Inc. (NYSELW) today announced the appointment of Mike Smith as the company’s Chief Operating Officer, effective May 29, 2023. Smith will continue to report to Tom Werner, President and Chief Executive Officer of Lamb Weston.
By Lamb Weston Holdings, Inc. · Via Business Wire · April 13, 2023

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal third quarter 2023 results and updated its fiscal 2023 outlook.
By Lamb Weston Holdings, Inc. · Via Business Wire · April 6, 2023

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.28 per share of Lamb Weston common stock. The dividend is payable on June 2, 2023, to stockholders of record as of the close of business on May 5, 2023.
By Lamb Weston Holdings, Inc. · Via Business Wire · March 23, 2023

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal third quarter 2023 financial results on Thursday, April 6, 2023. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · March 6, 2023

Lamb Weston Holdings, Inc. (NYSELW) (“Lamb Weston” or the “Company”) announced today it has completed its purchase of the remaining equity interests in its European joint venture with Meijer Frozen Foods B.V. The final transaction consideration consisted of €525 million in cash, subject to certain adjustments, and 1,952,421 shares of Lamb Weston common stock. The Company announced its intent to purchase the interest in October 2022.
By Lamb Weston Holdings, Inc. · Via Business Wire · February 28, 2023

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal second quarter 2023 results and updated its fiscal 2023 outlook.
By Lamb Weston Holdings, Inc. · Via Business Wire · January 5, 2023

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today approved a 14% annualized increase to the quarterly dividend. The Board declared a quarterly dividend of $0.28 per share of Lamb Weston common stock.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 14, 2022

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal second quarter 2023 financial results on Thursday, January 5, 2023. The news release will be issued at approximately 8:30 a.m. EST.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 1, 2022

Lamb Weston Holdings, Inc. (NYSELW) (“Lamb Weston” or the “Company”) announced today it has entered into an agreement (the “Purchase Agreement”) to purchase the remaining equity interests in its European joint venture with Meijer Frozen Foods B.V. for €700 million in cash and common stock of Lamb Weston.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 20, 2022

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal first quarter 2023 results and reaffirmed its fiscal 2023 outlook.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 5, 2022

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.245 per share of Lamb Weston common stock. The dividend is payable on Dec. 2, 2022, to stockholders of record as of the close of business on Nov. 4, 2022.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 28, 2022

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal first quarter 2023 financial results on Wednesday, October 5, 2022. The news release will be issued at approximately 8:30 a.m. ET.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 12, 2022

Lamb Weston Holdings, Inc. (NYSELW) announced today an expansion of french fry processing capacity in Argentina with the planned construction of a new manufacturing facility in Mar del Plata, Buenos Aires. The company recently increased its stake in its South American joint venture, Lamb Weston Alimentos Modernos S.A. from 50% to 90%.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 6, 2022

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal fourth quarter and full year 2022 results and provided its outlook for fiscal 2023.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 27, 2022

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.245 per share of Lamb Weston common stock. The dividend is payable on Sept. 2, 2022, to stockholders of record as of the close of business on Aug. 5, 2022.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 20, 2022

Lamb Weston Holdings, Inc. (NYSELW) issued its third annual Environmental, Social, Governance (ESG) report today, reporting progress against 2030 ESG goals announced in its last report. The report, covering the company’s fiscal year 2021, is enhanced, incorporating the TCFD framework and including EE01 employment data, for additional transparency and comparability. It also features an update to the company’s material topics, reflecting critical input from key external and internal stakeholders. The report focuses heavily on progress, with scorecards that show how the company is performing against its goals.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 20, 2022

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal fourth quarter and full year 2022 financial results on Wednesday, July 27, 2022. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 9, 2022

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal third quarter 2022 results and updated its fiscal 2022 outlook.
By Lamb Weston Holdings, Inc. · Via Business Wire · April 7, 2022

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.245 per share of Lamb Weston common stock. The dividend is payable on June 3, 2022, to stockholders of record as of the close of business on May 6, 2022.
By Lamb Weston Holdings, Inc. · Via Business Wire · March 24, 2022

Lamb Weston Holdings, Inc. (NYSELW) will report its third quarter 2022 financial results on Thursday, April 7, 2022. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · February 23, 2022

Lamb Weston Holdings, Inc. (NYSELW) announced today that Steven J. Younes will join the organization as Chief Human Resources Officer, effective today.
By Lamb Weston Holdings, Inc. · Via Business Wire · January 17, 2022

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal second quarter 2022 results and updated its fiscal 2022 outlook.
By Lamb Weston Holdings, Inc. · Via Business Wire · January 6, 2022

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today approved an increase to the quarterly dividend and an additional $250 million for the company’s existing share repurchase program.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 17, 2021

Lamb Weston Holdings, Inc. (NYSELW) will report its second quarter 2022 financial results on Thursday, January 6, 2022. The news release will be issued at approximately 9:30 a.m. EST.
By Lamb Weston Holdings, Inc. · Via Business Wire · December 1, 2021

Lamb Weston Holdings, Inc. (NYSELW) (referred to as “Lamb Weston” or the “Company”) announced today that it has priced the previously announced offering of a total of $970.0 million aggregate principal amount of its 4.125% senior notes due 2030 (the “2030 Notes”) and $700.0 million aggregate principal amount of its 4.375% senior notes due 2032 (the “2032 Notes” and, together with the 2030 Notes, the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the offering of 2030 Notes was increased from the previously announced offering size of $835.0 million of 2030 Notes. The aggregate principal amount of the offering of 2032 Notes was decreased from the previously announced offering size of $835.0 million of 2032 Notes. The Notes will be guaranteed by the Company’s material domestic subsidiaries. The closing of the offering of the Notes is expected to occur on or about November 8, 2021, subject to customary closing conditions.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 19, 2021

Lamb Weston Holdings, Inc. (NYSELW) (referred to as “Lamb Weston” or the “Company”) announced today that it is planning, subject to market and other conditions, to offer a total of $835.0 million aggregate principal amount of its senior notes due 2030 (the “2030 Notes”) and $835.0 million aggregate principal amount of its senior notes due 2032 (the “2032 Notes” and, together with the 2030 Notes, the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). It is expected that the Notes will be guaranteed by the Company’s material domestic subsidiaries.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 19, 2021

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal first quarter 2022 results.
By Lamb Weston Holdings, Inc. · Via Business Wire · October 7, 2021

The Board of Directors of Lamb Weston Holdings, Inc. (NYSELW) today declared a quarterly dividend of $0.235 per share of Lamb Weston common stock. The dividend is payable on Dec. 3, 2021 to stockholders of record as of the close of business on Nov. 5, 2021.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 23, 2021

Lamb Weston Holdings, Inc. (NYSELW) will report its first quarter 2022 financial results on Thursday, October 7, 2021. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · September 16, 2021

Lamb Weston Holdings, Inc. (NYSELW) announced today its fiscal fourth quarter and full year 2021 results and provided its outlook for fiscal 2022.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 27, 2021

Lamb Weston Holdings, Inc. (NYSELW) announced today an expansion of french fry processing capacity at its facility in American Falls, Idaho, and the declaration of its quarterly dividend.
By Lamb Weston Holdings, Inc. · Via Business Wire · July 22, 2021

Lamb Weston Holdings, Inc. (NYSELW) will report its fiscal fourth quarter and fiscal 2021 financial results on Tuesday, July 27, 2021. The news release will be issued at approximately 8:30 a.m. EDT.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 24, 2021

Lamb Weston Holdings, Inc. (NYSELW) issued its second annual Environmental, Social, Governance (ESG) report today, which included new 2030 ESG goals. The company also announced that in partnership with European joint venture Lamb Weston / Meijer, the organizations have committed to the Science Based Targets initiative (SBTi) and will align carbon emissions targets to support the United Nations Paris Agreement.
By Lamb Weston Holdings, Inc. · Via Business Wire · June 15, 2021

Lamb Weston Holdings, Inc. (NYSELW) announced today that Robert McNutt has shared his intent to retire from his position as Senior Vice President and Chief Financial Officer of the Company effective August 6, 2021. Bernadette Madarieta, Vice President and Controller, will succeed Mr. McNutt as Senior Vice President and Chief Financial Officer, effective August 6, 2021. Ms. Madarieta will report to Tom Werner, Lamb Weston’s President and CEO.
By Lamb Weston Holdings, Inc. · Via Business Wire · May 24, 2021

Driving toward a goal of using more sustainable materials in packaging, two Lamb Weston Alexia brand products will use corn and potato starch in their packaging beginning this month.
By Lamb Weston Holdings, Inc. · Via Business Wire · April 15, 2021

Lamb Weston Holdings, Inc. (NYSELW) announced today its third quarter fiscal 2021 results and provided a business update for the fourth quarter fiscal 2021.
By Lamb Weston Holdings, Inc. · Via Business Wire · April 7, 2021