Lamb Weston (LW) Climbs 16.3% on Bullish 2026 Outlook

We recently published 10 Stocks With Eye-Popping Double-Digit Gains. Lamb Weston Holdings, Inc. (NYSE:LW) is one of the biggest performers on Wednesday.

Lamb Weston soared by 16.31 percent on Wednesday to close at $57.19 apiece as investors cheered its higher revenue outlook for fiscal year 2026 alongside cost-saving measures to improve profitability and cash flow.

In a statement, Lamb Weston Holdings, Inc. (NYSE:LW) said that it was targeting to achieve net sales between $6.35 billion and $6.55 billion in fiscal year 2026, or a 1.5 percent increase year-on-year.

Additionally, it would implement cost-saving measures to save the company as much as $250 million, including $200 million in annualized run rate savings, and $120 million of favorable working capital improvements by year-end fiscal 2027.

Lamb Weston Holdings, Inc. (NYSE:LW) said that part of the measures will include the layoff of some 4 percent of its total workforce and the elimination of unfilled positions.

In the fourth quarter of fiscal year 2025,  Lamb Weston Holdings, Inc. (NYSE:LW) dropped its net income by 7.5 percent to $119.9 million from $129.6 million in the same period last year. Net sales, on the other hand, inched up by 4 percent to $1.675 billion from $1.611 billion year-on-year.

For the full-year period, net income declined by 50.76 percent to $357.2 million from $725.5 million, while net sales ended flat at $6.4 billion.