Lamb Weston Holdings, Inc. [LW] posts $103.10M profit as revenue rises 13.41% to $1,276.50M

Lamb Weston Holdings, Inc. [LW] posted a profit of $103.10M, marking a fall of 55.54% for this quarter.

Revenue rose to $1,276.50M this quarter compared to $1,125.60M in the previous quarter.

The Idaho(ID)-based company’s earnings per share came in at 0.71, compared to 1.60 in the last report.

According to the latest quarterly report the company has filed with the SEC, current earnings were $103.10M, down 55.54% from $231.90M.

The company’s net sales for the period were $1,276.50M, up 13.41%. Net sales in the previous quarter were $1,125.60M.