Lamb Weston Holdings, Inc. (New York Stock Exchange: LW) First Quarter 2025 Earnings Conference Call October 2, 2024 at 10:00 am ET
Company participants
Tom Werner – President, CEO
Bernadette Madarieta – Chief Financial Officer
Dexter Congbalay – Vice President of Investor Relations
Conference Call Participants
Andrés Lazar – Barclays
Ken Goldman – JPMorgan
Peter Galbo – Bank of America
Tom Palmer – Citi
Adam Samuelson-Goldman Sachs
Robert Moscow – TD Cowen
Rob Dickerson – Jefferies
Marc Torrente – Wells Fargo Securities
Matt Smith – Stifel
Carla Casella – JPMorgan
Operator
Good day! And welcome to Lamb Weston's first quarter fiscal 2025 earnings call. Today's call is being recorded. At this time, I would 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 Conference Call. Yesterday we issued our results press release, which is available on our website. www.lambweston.com.
Please note that during our comments, we will make some forward-looking statements about the company's expected performance that will be based on how we see things today. Actual results may differ materially due to risks and uncertainties. Please see the cautionary statements and risk factors contained in our filings with the SEC for more details on our forward-looking statements.
Some of today's comments include non-GAAP financial measures. These non-GAAP financial measures should not be considered a replacement for our GAAP results, but rather should be read in conjunction with them. You can find reconciliations between GAAP and non-GAAP in our earnings release.
I'm joined today by Tom Werner, our president and CEO; and Bernadette Madarieta, our financial director. Tom will provide an overview of the current operating environment and the cost reduction actions we announced yesterday, and an update on this year's potato crop. Bernadette will then provide details about our first quarter.