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Lamb Weston Holdings, Inc. (NYSE: LW) reported its third quarter 2023 earnings results today.
Net sales increased 31% year-over-year to $1.25 billion.
GAAP net income rose 64% to $175 million and EPS grew 66% to $1.21 compared to last year. Adjusted EPS more than doubled from last year to $1.43.
For FY2023, the company expects net sales of $5.25-5.35 billion and adjusted EPS of $4.35-4.50.
