Lamb Weston is North America's largest and the world's second-largest producer of branded and private-label frozen potato products, both by volume and value. The company's portfolio is anchored by french fries, but it also sells sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. Roughly two thirds of revenue comes from its home market of North America, with none of the other 100 countries the company sells into representing a significant share. McDonald's is Lamb Weston's single-largest customer at 15% of fiscal 2025 sales, with no other company representing more than 10%. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
The chart shows the growth of an initial investment of $10,000 in Lamb Weston Holdings, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Lamb Weston Holdings, Inc. (LW) has returned -6.49% so far this year and -31.19% over the past 12 months. Looking at the last ten years, LW has achieved an annualized return of 2.08%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Lamb Weston Holdings, Inc. (LW) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.15% | 5.61% | -11.24% | -5.20% | ||||||||
| 2025 | -10.80% | -13.26% | 2.44% | -2.08% | 5.56% | -6.10% | 10.24% | 1.37% | 1.75% | 6.05% | -4.03% | -29.07% |
| 2024 | -4.86% | -0.44% | 4.53% | -19.53% | 6.64% | -4.74% | -28.76% | 3.10% | 5.46% | 20.00% | -0.43% | -13.43% |
| 2023 | 11.97% | 1.14% | 4.10% | 7.04% | -0.65% | 3.54% | -9.07% | -6.03% | -5.17% | -2.68% | 11.22% | 8.23% |
| 2022 | 1.26% | 3.51% | -9.69% | 9.29% | 1.49% | 5.62% | 11.41% | 0.25% | -2.41% | 10.58% | 0.73% | 2.82% |
| 2021 | -4.70% | 6.13% | -4.29% | 4.21% | 2.26% | -3.09% | -17.37% | -3.41% | -6.19% | -8.70% | -8.17% | 19.49% |
| 2020 | 6.46% | -5.21% | -34.32% | 18.00% | -0.79% | 4.94% | -5.93% | 4.33% | 5.95% | -5.07% | 12.18% | 7.44% |
| 2019 | -1.27% | -4.37% | 7.53% | -6.34% | -15.28% | 6.94% | 5.65% | 4.65% | 3.74% | 7.17% | 7.20% | 2.65% |
| 2018 | 3.74% | -7.38% | 7.66% | 11.66% | -1.97% | 6.85% | 3.16% | -3.83% | -1.55% | 16.73% | -1.87% | -4.88% |
| 2017 | -0.93% | 4.28% | 7.57% | -0.62% | 10.87% | -5.25% | -0.09% | 2.87% | 2.56% | 8.95% | 6.57% | 3.58% |
| 2016 | 4.49% | 14.56% |
The charts below present risk-adjusted performance metrics for Lamb Weston Holdings, Inc. (LW) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of LW compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Lamb Weston Holdings, Inc. volatility is 2.96%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.39B | 7.37B | 6.52B | 4.14B | 4.21B | 4.66B | 3.05B | 2.75B | 2.49B |
| Temporary Equity (USD) | - | - | - | - | - | - | - | 55.60M | 50.70M |
| Equity Attributable To Parent (USD) | 1.74B | 1.79B | 1.41B | 360.50M | 480.60M | 240.00M | -4.60M | -334.80M | -647.20M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 1.74B | 1.79B | 1.41B | 360.50M | 480.60M | 240.00M | -4.60M | -334.80M | -647.20M |
| Redeemable Noncontrolling Interest (USD) | - | - | - | - | - | - | - | 55.60M | 50.70M |
| Other Non-current Liabilities (USD) | 406.70M | 118.40M | - | - | - | - | - | - | - |
| Long-term Debt (USD) | 3.77B | 3.84B | - | - | - | - | - | - | - |
| Noncurrent Liabilities (USD) | 4.18B | 3.96B | 3.75B | 3.08B | 3.11B | 3.40B | 2.50B | 2.51B | 2.53B |
| Other Current Liabilities (USD) | 859.60M | 790.30M | 723.60M | 296.50M | 258.90M | 780.50M | 263.60M | 264.30M | 260.40M |
| Accounts Payable (USD) | 616.40M | 833.80M | 636.60M | 402.60M | 359.30M | 244.40M | 289.20M | 254.40M | 295.00M |
| Current Liabilities (USD) | 1.48B | 1.62B | 1.36B | 699.10M | 618.20M | 1.02B | 552.80M | 518.70M | 555.40M |
| Liabilities (USD) | 5.65B | 5.58B | 5.11B | 3.78B | 3.73B | 4.42B | 3.05B | 3.09B | 3.13B |
| Other Non-current Assets (USD) | 5.25B | 5.17B | 4.28B | 2.45B | 2.39B | 2.32B | 451.20M | 366.00M | 319.00M |
| Intangible Assets (USD) | 114.00M | 104.90M | 110.20M | 33.70M | 36.90M | 38.30M | 37.60M | 35.40M | 37.20M |
| Fixed Assets (USD) | - | - | - | - | - | - | 1.60B | 1.42B | 1.27B |
| Noncurrent Assets (USD) | 5.36B | 5.28B | 4.39B | 2.48B | 2.43B | 2.36B | 2.09B | 1.82B | 1.63B |
| Other Current Assets (USD) | 215.70M | 207.80M | 471.00M | 1.09B | 1.27B | 1.82B | 463.20M | 380.70M | 333.20M |
| Inventory (USD) | 1.04B | 1.14B | 932.00M | 574.40M | 513.50M | 486.70M | 498.30M | 549.70M | 525.00M |
| Accounts Receivable (USD) | 781.60M | 743.60M | 724.20M | - | - | - | - | - | - |
| Current Assets (USD) | 2.03B | 2.09B | 2.13B | 1.66B | 1.78B | 2.30B | 961.50M | 930.40M | 858.20M |
| Assets (USD) | 7.39B | 7.37B | 6.52B | 4.14B | 4.21B | 4.66B | 3.05B | 2.75B | 2.49B |
Lamb Weston beat Q3 FY2026 earnings expectations with $1.56B revenue and $0.72 EPS, but the stock fell over 8% in 2026. Despite revenue growth, earnings declined significantly year-over-year due to margin pressure from supply dynamics and softer international demand. However, lower input costs expected in 2027 and the company's $250M cost-saving initiative could provide a catalyst for recovery, making the stock potentially attractive for value investors at levels unseen since 2017.
Douglas Lane & Associates sold 65,461 shares of Lamb Weston Holdings in Q4, reducing its position to 1.2 million shares valued at $50.85 million. The stock has declined 28% over the past year, underperforming the S&P 500 by over 40 percentage points. Despite recent operational improvements including positive earnings swings and dividend increases, the market remains unforgiving due to pricing pressures and customer concessions.
Consumer staples stocks underperformed in 2025, but mid-cap names with pricing power and margin protection strategies present opportunities for 2026. Five beaten-down stocks—Hormel Foods, Conagra Brands, Lamb Weston, Post Holdings, and J.M. Smucker—offer solid earnings growth projections, attractive valuations, and dividend yields, with upside potential ranging from 21% to 30%.
Major U.S. indexes rose on December 19, 2025, driven by AI optimism and cooling inflation data, despite quad-witching volatility. The S&P 500 gained 0.88%, Nasdaq rose 1.31%, and the Dow added 0.38%. Tech stocks led gains while consumer stocks lagged, with Nike and Lamb Weston declining on disappointing earnings and guidance.
Lamb Weston experienced significant financial losses due to a problematic Enterprise Resource Planning (ERP) system implementation, resulting in $135 million in lost sales, reduced customer order fulfillment, and a stock price decline of over 19%.
Law firm investigating potential claims against Lamb Weston after a problematic ERP system implementation resulted in significant financial losses, including $135 million in net sales impact and reduced sales guidance.
Lamb Weston is under investigation for potential misrepresentations about its new Enterprise Resource Planning (ERP) system implementation, which resulted in significant financial losses and reduced sales guidance.
Lamb Weston, the largest producer of frozen potato products in North America, is facing a class action lawsuit over issues with the implementation of its new ERP system, which caused significant financial losses and reduced sales guidance.
Lamb Weston (LW) stock rose over 10% amid a broader market selloff, as the company beat earnings estimates for its fiscal third quarter of 2025.
Stocks tumbled on Friday as investors rethought the Santa Rally, with the Nasdaq 100 falling 2% and the S&P 500 and Dow also declining. Crude oil topped $70 per barrel, while Bitcoin slipped to $94,000.
