Lamb Weston Holdings, Inc. (LW) Q1 2025 Earnings Name Transcript
Lamb Weston Holdings, Inc. (NYSE:LW) Q1 2025 Earnings Convention Name October 2, 2024 10:00 AM ET
Firm Members
Tom Werner – President, Chief Government Officer
Bernadette Madarieta – Chief Monetary Officer
Dexter Congbalay – Vice President, Investor Relations
Convention Name Members
Andrew Lazar – Barclays
Ken Goldman – JPMorgan
Peter Galbo – Financial institution of America
Tom Palmer – Citi
Adam Samuelson – Goldman Sachs
Robert Moskow – TD Cowen
Rob Dickerson – Jefferies
Marc Torrente – Wells Fargo Securities
Matt Smith – Stifel
Carla Casella – JPMorgan
Operator
Good day! And welcome to the Lamb Weston First Quarter Fiscal 12 months 2025 Earnings Name. At present’s name is being recorded. Right now, I would like to show the decision over to Dexter Congbalay. Please go forward.
Dexter Congbalay
Good morning, and thanks for becoming a member of us for Lamb Weston’s first quarter 2025 earnings name. Yesterday, we issued our earnings press launch, which is accessible on our web site www.lambweston.com.
Please notice that in our remarks, we’ll make some forward-looking statements concerning the firm’s anticipated efficiency which might be based mostly on how we see issues in the present day. Precise outcomes might differ materially attributable to dangers and uncertainties. Please seek advice from the cautionary statements and threat elements contained in our SEC filings for extra particulars on our forward-looking statements.
A few of in the present day’s remarks embrace non-GAAP monetary measures. These non-GAAP monetary measures shouldn’t be thought-about a alternative for, however needs to be learn along with our GAAP outcomes. You will discover the GAAP to non-GAAP reconciliations in our earnings launch.
With me in the present day are Tom Werner, our President and Chief Government Officer; and Bernadette Madarieta, our Chief Monetary Officer. Tom will present an outline of the present working setting and price discount actions that we introduced yesterday, and an replace on this 12 months’s potato crop. Bernadette will then present particulars on our first quarter