Similar companies
| Company | Revenue | |
|---|---|---|
 |
General MillsGIS |
4.72B 2.3% |
 |
Conagra BrandsCAG |
2.69B 4.2% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.65B | 2.5% |
| Gross Profit | 356M | 8.2% |
| Cost of Revenue | 1.44B | 3.9% |
| Operating expense | 144M | 24.6% |
| Net Income | 127M | 1.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 7.51B | 2% |
| Total Liabilities | 5.68B | 1.7% |
| Total Equity | 1.84B | 2.7% |
| Shares Outstanding | 144M | 0.7% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 330M | 4.3% |
| Cash from investing | -336M | 110.7% |
| Cash from financing | 52M | 135.2% |
EPS
Financial Highlights for Lamb Weston in Q3 '24
Lamb Weston reported a revenue of 1.65B, which is a 2.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 356M, marking a -8.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.44B, a 3.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 144M, showing a -24.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 127M, showing a -1.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Lamb Weston faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
