Lamb Weston Holdings, Inc. (LW) stock — is it a good business?

Lamb Weston Holdings, Inc. (LW) stock — is it a good business? — InspectStocks

How it makes money

North America frozen potato product sales68%
International frozen potato product sales32%

Shares of revenue are estimates for 13 weeks ended August 30, 2026, not figures from a filing.

Competes with

McCain Foods Limited
J.R. Simplot Company
KHCThe Kraft Heinz Company
F
Size
$29.7B
Margin
-14.0%
Cavendish Farms Corporation
Agristo N.V.
Aviko B.V.

What it sells6

Frozen french fries
Frozen fries sold to restaurants and other food-service customers, as well as to retailers.
Frozen potato specialties
Other frozen potato products, including seasoned and shaped varieties such as Twister Fries and CrissCut.
Frozen appetizers
Frozen appetizer products sold to food-service customers and retailers.

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Commercial potato ingredients
Potato ingredients sold for commercial food preparation.
Branded retail frozen potatoes
Frozen potato products sold under Lamb Weston and licensed brands including Grown in Idaho and Alexia.
Customer-label frozen potatoes
Frozen potato products made for restaurant chains and sold under customer or retailer-owned labels.

Who buys it4

Quick-service and full-service restaurant chains buy products directly or through food-service distributors. McDonald’s was Lamb Weston’s largest customer, accounting for 15% of sales (fiscal 2026, high).
Food-service distributors buy products for resale to restaurants and institutions.
Grocery, mass-market, club and specialty retailers buy branded products and products carrying their own labels.
Independent restaurants, convenience stores, businesses and educational institutions buy through distributors or other sales channels.

What it stands on, and what could break it

What the business leans on

1Potato supply depends on growers and harvests in regions including the Pacific Northwest of the United States and parts of Europe.
2Production depends on potatoes, edible oils, packaging, grains, starches and energy; prices for these inputs can fluctuate.
3A relatively small group of customers accounts for a substantial part of sales, including McDonald’s.
4The company uses third parties for some manufacturing and depends on export routes to reach international customers.

What could go wrong

1Poor potato harvest quality or yield can affect the amount and quality of potatoes available for processing and can raise production costs.
2Prices for potatoes, edible oils, packaging, energy, labor and freight can rise faster than the company can offset them through pricing or savings.
3Changes in restaurant traffic or relationships with major customers can affect sales; competition and excess frozen-potato production capacity can also put pressure on sales and prices.

Full financial statements →

About Lamb Weston Holdings, Inc.

Lamb Weston turns potatoes into frozen french fries and other frozen potato foods, including appetizers and ingredients. It sells to restaurant chains, distributors, institutions and stores under its own brands, licensed brands, and customers’ and retailers’ own labels.

Head office: Eagle, Idaho
Founded: 2016
Employees: approximately 10,000 (July 17, 2026, high)
Listed on: New York Stock Exchange
Financial year ends: May 31

Built from Lamb Weston Holdings, Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Keep exploring

The themes Lamb Weston is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Packaged Foods

Graded A or B and worth $2B or more: A first, then the largest.

All 59 graded companies in its industry

Grade rose recently in Consumer Staples

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises