Company: LW
Filing Date: 2025-09-30
Form Type: 10-Q
Source: 0001679273-25-000070
Chunk: 20

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-09-30
Form: 10-Q
Item: Part I, Item 1
Chunk 20
---
 record as of the close of business on August 1, 2025. On September 25, 2025, the Board declared a cash dividend of $0.37 per 

14

share of our common stock. This dividend will be paid on November 28, 2025, to common stockholders of record as of the close of business on October 31, 2025.Accumulated Other Comprehensive Income (Loss)Changes in accumulated other comprehensive income, net of taxes, as of August 24, 2025 were as follows:(in millions)ForeignCurrency Translation Gain (Loss)Pension and Post-RetirementBenefitsOtherAccumulatedOtherComprehensiveIncome (Loss)Balance as of May 25, 2025$58.9 $(4.6)$0.2 $54.5 Other comprehensive income before reclassifications, net of tax41.3 5.3 — 46.6 Net current-period other comprehensive income41.3 5.3 — 46.6 Balance as of August 24, 2025$100.2 $0.7 $0.2 $101.1 

13. SEGMENTS 

We manage operations in two business segments, North America and International. As a result of how we manage the business, we have two operating segments, each of which is a reportable segment: North America and International. North America includes activity that occurs in the United States, Canada, and Mexico. International includes all activity that does not occur within the North America segment. Both segments primarily manufacture frozen potato products for sale to our customers. These reportable segments are each managed by a general manager and supported by a cross functional team assigned to support the segment.Our president and chief executive officer is our chief operating decision maker (the “CODM”). The CODM assesses the performance of our reportable segments and decides how to allocate resources based on segment adjusted earnings before interest, taxes, depreciation, and amortization (“EBITDA”). The adjustments to EBITDA include unrealized mark-to-market derivative gains and losses (which are a component of both cost of sales and selling, general and administrative expenses), foreign currency exchange gains and losses (which are a component of selling, general and administrative expenses), blue chip swap transaction gains (which are a component of selling, general and administrative expenses), stock-based compensation (which is a component of selling, general and administrative expenses), and other items impacting comparability (which