Company: LW
Filing Date: 2025-09-30
Form Type: 10-Q
Source: 0001679273-25-000070
Chunk: 21

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-09-30
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 are a component of both cost of sales and selling, general and administrative expenses) that are described below (“Segment Adjusted EBITDA”). Net sales and Segment Adjusted EBITDA inform operating decisions, performance assessment, and resource allocation decisions at the segment level. Our CODM uses net sales and Segment Adjusted EBITDA in the annual operating plan and forecasting process and considers actual versus plan variances in assessing the performance of each segment. Total asset information by segment is not regularly provided to our CODM or utilized for purposes of assessing performance or allocating resources by segment and, as a result, such information has not been presented below.

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The following table illustrates reportable segment net sales and Segment Adjusted EBITDA for the thirteen weeks ended August 24, 2025 and August 25, 2024, respectively.Thirteen Weeks EndedAugust 24,2025August 25,2024(in millions)North AmericaInternationalTotalNorth AmericaInternationalTotalNet Sales$1,084.6 $574.7 $1,659.3 $1,103.7 $550.4 $1,654.1 Other segment items (a)824.6 517.5 1,342.1 825.7 499.0 1,324.7 Segment Adjusted EBITDA (b)$260.0 $57.2 $317.2 $278.0 $51.4 $329.4 Unallocated corporate costs (c)(15.0)(30.0)Depreciation and amortization (d)96.3 91.4 Unrealized derivative gains(4.9)(8.9)Foreign currency exchange losses(4.7)0.6 Blue chip swap gains (e)— (16.6)Stock-based compensation10.6 9.5 Items impacting comparability:Cost Savings Program, Restructuring Plan, and other expenses (f)31.9 — Shareholder activism expense (g)4.0 — Pension settlement (h)13.1 — Interest expense, net43.7 45.2 Income before income taxes112.2 178.2 Income tax expense47.9 50.8 Net income$64.3 $127.4 ___________________________________________(a)Other segment items include cost of sales, selling, general, and administrative expenses, and equity