{
  "url": "https://struct.news/briefs/lamb-westons-sales-held-steady-its-margins-did-not",
  "title": "Lamb Weston’s sales held steady. Its margins did not.",
  "summary": "Revenue was $1.7 billion for the three months ended August 30, but operating income fell 47.5% as costs and mix squeezed the business.",
  "published_at": "2026-10-06T14:14:40.814515+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Lamb Weston Holdings, Inc.",
    "ticker": "LW",
    "cik": "1679273",
    "sector": "Consumer Defensive",
    "industry": "Packaged Foods"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-10-06",
    "accession": "0001679273-26-000052",
    "url": "https://www.sec.gov/Archives/edgar/data/1679273/000167927326000052/lw-20260830.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-09-30",
    "url": "https://www.sec.gov/Archives/edgar/data/1679273/000167927325000070/lw-20250824.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 6612300000,
      "display": "$6.6B",
      "unit": "usd",
      "period": "2026-05-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001679273-26-000052",
        "filing_date": "2026-10-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 2.4956210376203325,
      "display": "+2.5%",
      "unit": "percent",
      "period": "2026-05-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001679273-26-000052",
        "filing_date": "2026-10-06"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 8.939400813635196,
      "display": "+8.9%",
      "unit": "percent",
      "period": "2026-05-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001679273-26-000052",
        "filing_date": "2026-10-06"
      }
    }
  ],
  "watch_next": [
    {
      "type": "input_costs",
      "statement": "Manufacturing cost per pound increased because of carried-forward costs, underutilized international facilities, inflation, fuel, and freight.",
      "importance": "medium",
      "evidence": "Total manufacturing cost per pound increased due to the carry in of prior year costs, underutilized international production facilities and inflationary pressures across key input categories globally, including fuel and freight costs.",
      "source_date": "2026-10-06"
    },
    {
      "type": "pricing",
      "statement": "Price and trade support, along with a shift toward chain and private-label customers, reduced price/mix by 2%.",
      "importance": "medium",
      "evidence": "Price/mix declined 2%, resulting from price and trade support for customers and continued mix shift toward faster-growing chain customers and private-label products, which generally carry lower margins than other channels.",
      "source_date": "2026-10-06"
    },
    {
      "type": "interest_rates",
      "statement": "Net interest expense declined as outstanding debt balances fell, providing a partial offset to operating pressure.",
      "importance": "medium",
      "evidence": "Interest Expense, Net Interest expense, net declined $1.3 million, versus the prior year quarter, to $42.4 million, driven by lower outstanding debt balances.",
      "source_date": "2026-10-06"
    },
    {
      "type": "demand",
      "statement": "Lower sales volume and lower net sales, mostly in Europe, contributed to the period's decline.",
      "importance": "medium",
      "evidence": "The decrease was primarily attributable to lower sales volume and lower net sales mostly in Europe and higher manufacturing costs per pound including the impact of the carry in of prior year higher costs, factory underutilization and inflation, including higher fuel costs.",
      "source_date": "2026-10-06"
    }
  ],
  "related_tickers": [
    "LW"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}