Company: LW
Filing Date: 2025-08-07
Form Type: ARS
Source: 0001679273-25-000063
Chunk: 112

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-08-07
Form: ARS
Chunk 112
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 . . . . . . . . . . . . . . . . . . . . . . . . . $ 354.6 $ 396.4 _____________________________________________________ (a) Capitalized software costs are generally amortized over three to seven years once implemented. (b) Equity method investments include our 50% ownership in Lamb-Weston/RDO Frozen (“Lamb Weston RDO”), our joint venture with RDO Frozen Co., which is included in our North America segment. Summarized financial information for our equity method investments are as follows: For the Fiscal Years Ended May (in millions) 2025 (a) 2024 (a) 2023 (b) Net sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 336.3 $ 339.8 $ 1,122.3 Gross profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66.7 88.1 237.0 Income from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33.7 55.3 83.3 Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30.3 51.9 70.1 (in millions) May 25, 2025 (a) May 26, 2024 (a) Current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 85.8 $ 124.7 Noncurrent