Lamb Weston(US:LW)2025-07-23 14:00Financial Performance - Lamb Weston's Q4 F25 net sales increased by 4% to $1,676 million compared to Q4 F24 [16, 43] - Full Year 2025 net sales reached $6,451 million [19] - Q4 F25 adjusted EBITDA increased by 1% to $285 million compared to Q4 F24 [16] - Full Year 2025 adjusted EBITDA decreased by 14% to $1,221 million compared to FY24 [19] - Lamb Weston forecasts capital expenditures of approximately $500 million for FY26 [53, 66] Volume and Pricing - Q4 F25 volume increased by 8%, while price/mix decreased by 4% [17] - Full Year 2025 volume increased by 2%, while price/mix decreased by 2% [19] - North America volume increased by 4% in Q4 F25, while price/mix decreased by 5% [44] - International volume increased by 16% in Q4 F25, while price/mix decreased by 1% [44] Cost Savings and Restructuring - Lamb Weston delivered approximately $60 million of pre-tax cost savings in FY25 and is on track for $85 million in FY26 [19, 36] - The company is targeting at least $250 million in annualized run rate savings by the end of fiscal year 2028 [35] Liquidity and Capital Allocation - Lamb Weston returned $489 million to shareholders in FY25, including $207 million in dividends and $282 million in share repurchases [53, 56] - The company had approximately $71 million in cash and equivalents and $12 billion availability under its revolving credit facility [53] Fiscal 2026 Outlook - Lamb Weston projects net sales between $635 billion and $655 billion for fiscal year 2026 [66] - The company anticipates adjusted EBITDA between $10 billion and $12 billion for fiscal year 2026 [66, 71]