Lamb Weston Pauses ERP Rollout, Closes Netherlands Plant Amid Q1 Beat
LW sits 28% above its 52-week low of $37.62 on elevated volume (4.6× avg).
Summary
Lamb Weston reported Q1 FY2027 sales of $1.67B, up 1% YoY, with adjusted EPS of $0.75 and adjusted EBITDA of $285.6M, beating guidance and raising full-year outlook. However, the company paused its ERP rollout due to risks to customer relationships and active class-action lawsuits, and will close its Broekhuizenvorst, Netherlands plant to address European underutilization. Management will provide updates at an investor day in early 2027. The ERP pause and plant closure signal operational disruptions and restructuring costs, adding to the $34.2M in restructuring charges already disclosed in the 10-Q. This follows the resignation of International President Marc Schroeder announced yesterday, compounding negative sentiment around the international segment.
At the time of this announcement, LW was trading at $48.16 on NYSE in the Trade & Services sector, with a market capitalization of approximately $6.6B. The 52-week trading range was $37.62 to $67.07. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.