Lamb Weston Holdings, Inc. (LW) CEO Tom Werner on Q4 2020 - Earnings Call Transcript

SA Transcripts
153.96K Followers

Q4: 2020-07-28 Earnings Summary

EPS of -$0.01 misses by $0.17
 | Revenue of $846.90M (-15.60% Y/Y) beats by $17.57M

Lamb Weston Holdings, Inc. (NYSE:LW) Q4 2020 Earnings Conference Call July 28, 2020 10:00 AM ET

Company Participants

Dexter Congbalay - Vice President, Investor Relations
Tom Werner - President & Chief Executive Officer
Rob McNutt - Chief Financial Officer

Conference Call Participants

Andrew Lazar - Barclays
Adam Samuelson - Goldman Sachs
Rob Dickerson - Jefferies.
Tom Palmer - JPMorgan
Chris Growe – Stifel
Bryan Spillane - Bank of America
Carla Casella - JPMorgan

Operator

Good day and welcome to the Lamb Weston Fourth Quarter and Fiscal Year 2020 Earnings Call. Today's conference is being recorded. And at this time I'd like to turn the conference over to Mr. Dexter Congbalay, VP Investor Relations of Lamb Weston. Please go ahead sir.

Dexter Congbalay

Good morning and thank you for joining us for Lamb Weston's Fourth Quarter -- a second okay my screen just went blank pause Fourth Quarter and Fiscal 2020 Earnings Call. This morning we issued our earnings press release which is available on our website lambweston.com.

Please note that during our remarks we will make some forward-looking statements about the company's expected performance. These statements are based on how we see things today. Actual results may differ materially due to risks and uncertainties. Please refer to the cautionary statements and risk factors contained in our SEC filings for more details on our forward-looking statements.

Some of today's remarks include non-GAAP financial measures. These non-GAAP financial measures should not be considered a replacement for and should be read together with our GAAP results. You can find the GAAP to non-GAAP reconciliations in our earnings release.

With me today are; Tom Werner, our President and Chief Executive Officer; and Rob McNutt our Chief Financial Officer. Tom will provide an overview of the near-term demand environment as well as our efforts to manage through the COVID-19

Recommended For You

About LW Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on LW