Company Quick10K Filing
Lamb Weston
10-Q 2020-02-23 Filed 2020-04-01
10-Q 2019-11-24 Filed 2020-01-03
10-Q 2019-08-25 Filed 2019-10-02
10-K 2019-05-26 Filed 2019-07-25
10-Q 2019-02-24 Filed 2019-04-02
10-Q 2018-11-25 Filed 2019-01-04
10-Q 2018-08-26 Filed 2018-10-02
10-K 2018-05-27 Filed 2018-07-26
10-Q 2018-02-25 Filed 2018-04-05
10-Q 2017-11-26 Filed 2018-01-04
10-Q 2017-08-27 Filed 2017-10-04
10-K 2017-05-28 Filed 2017-07-25
10-Q 2017-02-26 Filed 2017-04-06
10-Q 2016-11-27 Filed 2017-01-10
8-K 2020-04-01 Earnings, Exhibits
8-K 2020-03-18 Officers, Exhibits
8-K 2020-01-03 Earnings, Exhibits
8-K 2019-10-02 Earnings, Exhibits
8-K 2019-09-26 Shareholder Vote
8-K 2019-08-05 Officers
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-06-25 Exhibits
8-K 2019-04-18 Officers
8-K 2019-04-02 Earnings, Exhibits
8-K 2019-01-04 Earnings, Exhibits
8-K 2018-12-18 Other Events
8-K 2018-11-02 Other Events
8-K 2018-09-27 Shareholder Vote
8-K 2018-07-25 Earnings, Exhibits
8-K 2018-04-05 Earnings, Exhibits
8-K 2018-01-04 Earnings, Exhibits

Lamb Weston Financials

LW Metrics, Comps, Filings

Quarterly | Annual

Business

Lamb Weston Holdings, Inc. (“we,” “us,” “our,” “the Company,” or “Lamb Weston”), along with its joint venture partners, is a leading global producer, distributor, and marketer of value-added frozen potato products and is headquartered in Eagle, Idaho. We, along with our joint venture partners, are the number one supplier of value-added frozen potato products in North America. We are also a leading supplier of value-added frozen potato products internationally, with a strong and growing presence in high-growth emerging markets. We, along with our joint venture partners, offer a broad product portfolio to a diverse channel and customer base in over 100 countries. French fries represent the majority of our value-added frozen potato product portfolio.

We were organized as a Delaware corporation in July 2016, as a wholly owned subsidiary of Conagra Brands, Inc. (formerly, ConAgra Foods, Inc., “Conagra”). On November 9, 2016, we separated from Conagra and became an independent publicly traded company through the pro rata distribution by Conagra of 100% of our outstanding common stock to Conagra stockholders (“Separation” or “spinoff”). As a result of the Separation, approximately 146 million shares of our common stock were distributed on November 9, 2016, to Conagra stockholders. On November 10, 2016, our common stock began trading under the ticker symbol “LW” on the New York Stock Exchange (“NYSE”).

In connection with the Separation, we entered into a separation and distribution agreement and several other agreements with Conagra, including a transition services agreement, tax matters agreement, employee matters agreement, and trademark license agreement. These agreements governed the relationship between us and Conagra following the Separation and provided for the allocation of various assets, liabilities, rights and obligations of the parties. These agreements also included arrangements for transition services provided by Conagra to Lamb Weston. For a discussion of these agreements, see the section entitled “Relationship with ConAgra After the Spinoff” in our registration statement on Form 10, as amended, as filed with the SEC on October 17, 2016 (“Form 10”), and Note 14, Related Party Transactions,


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Campbell Soup (CPB) 14,202 31% 23.8 1% 13,110 11,861 8,854 2,781 183 876 20,847
Conagra Brands (CAG) 14,622 28% 22.0 3% 22,354 14,838 10,095 2,802 676 1,192 26,217
JM Smucker (SJM) 12,454 38% 13.9 3% 16,791 8,696 7,651 2,920 559 1,284 17,789
Lamb Weston (LW) 10,857 27% 14.5 15% 3,223 3,130 3,831 1,022 492 902 13,095
Bunge (BG) 8,067 1% -29.6 -6% 18,634 14,174 41,900 393 -1,166 -419 12,420
Post Holdings (POST) 7,889 32% 16.9 1% 11,952 9,014 5,681 1,792 126 824 13,954
Ingredion (INGR) 5,635 23% 10.5 7% 6,095 3,502 5,737 1,309 405 683 7,193
Flowers Foods (FLO) 4,840 0% 15.3 6% 3,209 1,916 4,087 0 183 373 5,717
Lancaster Colony (LANC) 4,044 25% 17.1 16% 962 213 1,328 337 152 226 3,870
Darling Ingredients (DAR) 3,335 17% 12.6 2% 4,945 2,572 3,358 560 120 383 4,826
Treehouse Foods (THS) 3,069 17% -27.3 -7% 5,261 3,455 5,090 840 -390 -192 5,239
Nomad Foods (NOMD) 2,910 0% 5,341 3,282 0 0 0 0 2,910
Hain Celestial Group (HAIN) 2,245 20% -13.3 -11% 2,236 765 2,224 443 -253 -192 2,550
Freshpet (FRPT) 1,850 36% 229.2 -2% 206 83 232 84 -4 8 1,878
Medifast (MED) 1,216 75% 12.3 37% 199 87 689 518 74 92 1,135
Hostess Brands (TWNK) 1,685 25% 16.5 2% 3,067 1,510 906 229 70 145 2,401
B&G Foods (BGS) 1,254 21% 12.8 5% 3,572 2,729 1,648 339 178 245 3,137
Landec (LNDC) 342 14% 35.9 -1% 546 281 572 79 -5 12 435
Seneca Foods (SENEA) 295 4% 13.2 1% 1,046 633 1,270 55 11 39 522
Farmer Brothers (FARM) 228 29% 21.8 -15% 440 278 587 172 -66 10 220

Balance Sheet ($MM)2016-11-272017-02-262017-05-282017-08-272017-11-262018-02-252018-05-272018-08-262018-11-252019-02-242019-05-262019-08-25
Cash69385770714956150122171219
Accounts Receivable232218185214224237226331340359340371
Inventory616572525494663630550448628588498466
PP&E2,1722,2432,3502,4042,4462,4882,5812,6622,7402,8092,8742,866
Assets2,4002,4322,4862,5282,7152,7542,7532,8543,0523,1113,0483,223
Accounts Payable314272295262343292254270376309289285
Long-Term Debt2,3822,3802,3652,3602,3532,3442,3372,3302,3222,2892,2802,257
Liabilities2,5043,0832103,0493,1903,0922423,0423,2203,1673,0533,130
Stockholders' Equity32333436353536-245-167-56-592
Income Statement ($MM)2016-11-272017-02-262017-05-282017-08-272017-11-262018-02-252018-05-272018-08-262018-11-252019-02-242019-05-262019-08-25
Revenue7917688328188748639189159119271,003989
Cost of Revenue592562632621615620686684662653753740
Gross Profit199207200197209244233231249273250249
R&D
SG&A7362775969759678758010279
Tax344441444212343434402637
Net Income8788768883160100111124141110116
Cash Flow ($MM)2016-11-272017-02-262017-05-282017-08-272017-11-262018-02-252018-05-272018-08-262018-11-252019-02-242019-05-262019-08-25
Cash Operating9214439128171228128236238
Cash Investing-77-104-51-51-100-87-165-89-177
Cash Financing-47-3015-100-62-46-66-152-55