Lamb Weston beat earnings estimates in Q3 2025, boosted by higher sales and cash flow, and raised its full-year guidance.

Lamb Weston reported third-quarter 2025 adjusted earnings of $0.74 per share, surpassing expectations by 38.7%, driven by a 6% rise in sales volumes and strong free cash flow. Revenue was flat year-on-year at $1.66 billion, while adjusted EBITDA rose 18.9% above estimates. The company reaffirmed its fiscal 2026 revenue guidance of $6.35 billion to $6.55 billion and maintained its $1.1 billion EBITDA target. Despite a decline in operating margins to 9.4%, free cash flow margin surged to 16.5%. The stock rose 8.3% to $60.32, and the company declared a quarterly dividend of $0.37 per share.