Filing Flows › Lamb Weston Holdings (LW) › Q1 FY27
Lamb Weston Holdings (LW) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Oct 6, 2026
Lamb Weston Holdings (LW) reported revenue of $1.7B for the first quarter fiscal 2027 (Q1 FY27), +0.7% from a year earlier and -6% from the quarter before. Operating margin was 4.9%, net earnings $29.1M (1.7% of revenue).
Lamb Weston Holdings, Q1 FY27: revenue $1.7B (+0.7% year over year), operating margin 4.9%, net earnings $29.1M, operating cash flow $235M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | -6% | +0.7% |
| Gross profit | $266M | -26% | -22% |
| Operating profit | $82.2M | -51% | -47% |
| Net earnings | $29.1M | -73% | -55% |
| Operating cash flow | $235M | -32% | -33% |
| Free cash flow | $146M | -27% | -47% |
What changed
Revenue was $1.7B in Q1 FY27, up 1% year over year and down 6% from the previous quarter.
Gross margin was 16.0%, down 4.7 points from Q1 FY26. Operating profit was $0.08B, a 4.9% margin (down 4.5 points year over year). Operating profit fell $0.07B even though revenue rose $0.01B versus Q1 FY26, so costs grew faster than sales. Operating expenses fell 1% while revenue rose 1%. The fastest-growing cost line was SG&A (+11%). Net earnings were $0.03B, down 55% year over year. The effective tax rate was 36.7%.
Operating cash flow was $0.23B (down 33% year over year), 807% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.09B. Capital expenditures of $0.09B left free cash flow of $0.15B.
Questions
What was Lamb Weston Holdings' revenue in the first quarter fiscal 2027?
Lamb Weston Holdings (LW) reported revenue of $1.7B for the first quarter fiscal 2027 (Q1 FY27), +0.7% from a year earlier and -6% from the quarter before.
Was Lamb Weston Holdings profitable in the first quarter fiscal 2027?
Operating profit was $82.2M (4.9% of revenue) and net earnings $29.1M.