Lamb Weston (LW) Stock Plunges on Outlook Caution Despite Q2 FY2026 Earnings Beat
Lamb Weston shares plunged 24%–25% Friday after the company beat Q2 earnings expectations but maintained full-year guidance, raising concerns about a weaker second half. Net sales rose 1% to $1.62 billion, with adjusted EPS at $0.69. International profits dropped due to higher costs and new facility expenses. Investors reacted to flat sales, pricing pressure, and macroeconomic uncertainty.