Lamb Weston (LW) Q3 FY26 earnings call

Lamb Weston delivered solid Q3 FY26 results, driven by robust North America performance with significant volume growth and customer wins. The International segment faced headwinds from potato surplus, lower demand, and capacity issues, leading to a decline in sales and a potato write-off. The company is executing its "Focus to Win" strategy, achieving cost savings ahead of schedule and maintaining disciplined capital allocation, while navigating a dynamic global market and preparing for leadership transitions.