Lamb Weston Holdings, Inc.'s (LW) CEO Tom Werner on Q3 2022 Results - Earnings Call Transcript

Apr. 07, 2022 3:00 PM ETLamb Weston Holdings, Inc. (LW)
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Lamb Weston Holdings, Inc. (NYSE:LW) Q3 2022 Earnings Conference Call April 7, 2022 10:30 AM ET

Company Participants

Dexter Congbalay - VP, IR

Tom Werner - President and CEO

Bernadette Madarieta - SVP and CFO

Conference Call Participants

Peter Galbo - Bank of America

Andrew Lazar - Barclays

Tom Palmer - JPMorgan

Rob Dickerson - Jefferies

Chris Growe - Stifel Nicolaus

Adam Samuelson - Goldman Sachs

William Reuter - Bank of America


Good day, and welcome to the Lamb Weston’s Third Quarter 2022 Earnings Call. Today's call is being recorded. At this time, I would like to turn the conference over to Dexter Congbalay, VP, Investor Relations of Lamb Weston. Please go ahead.

Dexter Congbalay

Good morning and thank you for joining us for Lamb Weston’s third quarter 2022 earnings call. This morning, we issued our earnings press release, which is available on our website Please note that during our remarks, we'll 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 Bernadette Madarieta, our Chief Financial Officer. Tom will provide some comments on our performance, as well as an overview of the current operating environment. Bernadette will then provide details on our third quarter results and updated fiscal 2022 outlook.

With that, let me now

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