Filing Flows › Lamb Weston Holdings (LW) › Q3 FY25
Lamb Weston Holdings (LW) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Apr 3, 2025
Lamb Weston Holdings (LW) reported revenue of $1.5B for the third quarter fiscal 2025 (Q3 FY25), +4% from a year earlier and -5% from the quarter before. Operating margin was 16.4%, net earnings $146M (9.6% of revenue).
Lamb Weston Holdings, Q3 FY25: revenue $1.5B (+4% year over year), operating margin 16.4%, net earnings $146M, operating cash flow $56.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -5% | +4% |
| Gross profit | $422M | +52% | +5% |
| Operating profit | $249M | 13× | +11% |
| Net earnings | $146M | — | -0.1% |
| Operating cash flow | $56.0M | -43% | +113% |
What changed
Revenue was $1.5B in Q3 FY25, up 4% year over year and down 5% from the previous quarter. North America was the largest line at 65% of revenue. North America added $0.04B year over year (up 4%), 62% of the total change.
Gross margin was 27.8%, up 0.1 points from a year earlier. Operating profit was $0.25B, a 16.4% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 15% margin then. Operating expenses fell 3% while revenue rose 4%. Net earnings were $0.15B, roughly flat year over year. The effective tax rate was 28.3%.
Operating cash flow was $0.06B (up 113% year over year), 38% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of $0.08B exceeded it, leaving free cash flow of −$0.02B.
Questions
What was Lamb Weston Holdings' revenue in the third quarter fiscal 2025?
Lamb Weston Holdings (LW) reported revenue of $1.5B for the third quarter fiscal 2025 (Q3 FY25), +4% from a year earlier and -5% from the quarter before.
Was Lamb Weston Holdings profitable in the third quarter fiscal 2025?
Operating profit was $249M (16.4% of revenue) and net earnings $146M.