**Lamb Weston Holdings, Inc. Q1 2025 Earnings Call Recap**
On October 2, 2024, Lamb Weston Holdings, Inc. (NYSE:LW) hosted its first quarter fiscal year 2025 earnings conference call. The event brought together key company executives, including President and CEO Tom Werner, CFO Bernadette Madarieta, and VP of Investor Relations Dexter Congbalay, along with top analysts from leading financial institutions.
The call commenced with a warm welcome from the operator, followed by Dexter Congbalay’s introduction. He directed attendees to the company’s website, where the earnings press release was made available. Congbalay also cautioned that forward-looking statements would be made during the call, highlighting the importance of considering potential risks and uncertainties.
Tom Werner took the stage, providing insight into the current operating landscape and the cost reduction initiatives announced the previous day. He also shared updates on the 2025 potato crop, a critical component of the company’s business.
Bernadette Madarieta then delved into the financial details of the quarter, walking analysts through the company’s performance. The discussion included non-GAAP financial measures, which were accompanied by a reminder to consult the GAAP to non-GAAP reconciliations available in the earnings release.
The Q&A session that followed featured participation from prominent analysts, including Andrew Lazar of Barclays, Ken Goldman of JPMorgan, and Peter Galbo of Bank of America, among others.
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