Lamb Weston Holdings, Inc. (NYSE:LW) Q1 2025 Earnings Conference Call October 2, 2024 10:00 AM ET
Company Participants
Tom Werner – President, Chief Executive Officer
Bernadette Madarieta – Chief Financial Officer
Dexter Congbalay – Vice President, Investor Relations
Conference Call Participants
Andrew Lazar – Barclays
Ken Goldman – JPMorgan
Peter Galbo – Bank of America
Tom Palmer – Citi
Adam Samuelson – Goldman Sachs
Robert Moskow – TD Cowen
Rob Dickerson – Jefferies
Marc Torrente – Wells Fargo Securities
Matt Smith – Stifel
Carla Casella – JPMorgan
Operator
Good day! And welcome to the Lamb Weston First Quarter Fiscal Year 2025 Earnings Call. Today’s call is being recorded. At this time, I’d like to turn the call over to Dexter Congbalay. Please go ahead.
Dexter Congbalay
Good morning, and thank you for joining us for Lamb Weston’s first quarter 2025 earnings call. Yesterday, we issued our earnings press release, which is available on our website www.lambweston.com.
Please note that during our remarks, we’ll make some forward-looking statements about the company’s expected performance that are based on how we see things today. Actual results may differ materially due to risks and uncertainties. Please refer to the cautionary statements and risk factors contained in our SEC filings for more details on our forward-looking statements.
Some of today’s remarks include non-GAAP financial measures. These non-GAAP financial measures should not be considered a replacement for, but should be read together with our GAAP results. You can find the GAAP to non-GAAP reconciliations in our earnings release.
With me today are Tom Werner, our President and Chief Executive Officer; and Bernadette Madarieta, our Chief Financial Officer. Tom will provide an overview of the current operating environment and cost reduction actions that we announced yesterday, and an update on this year’s potato crop. Bernadette will then provide details on our first quarter
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