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Shelf-Stable Food Stocks Q1 Results: Benchmarking B&G Foods (NYSE:BGS)
Fri 23 May 25, 03:34 AMQ1 Rundown: Mondelez (NASDAQ:MDLZ) Vs Other Shelf-Stable Food Stocks
Fri 23 May 25, 03:33 AMQ1 Earnings Roundup: BellRing Brands (NYSE:BRBR) And The Rest Of The Shelf-Stable Food Segment
Wed 21 May 25, 03:30 AMShelf-Stable Food Stocks Q1 In Review: SunOpta (NASDAQ:STKL) Vs Peers
Mon 19 May 25, 03:33 AMShelf-Stable Food Stocks Q1 Teardown: J&J Snack Foods (NASDAQ:JJSF) Vs The Rest
Fri 16 May 25, 03:34 AMJana Partners' Strategic Moves: Markel Group Inc. Takes Center Stage with 4.55% Portfolio Impact
Thu 15 May 25, 03:09 PMA Look Back at Shelf-Stable Food Stocks’ Q1 Earnings: Utz (NYSE:UTZ) Vs The Rest Of The Pack
Wed 14 May 25, 03:33 AMLamb Weston (LW) International Revenue Performance Explored
Tue 13 May 25, 01:16 PMShelf-Stable Food Stocks Q1 In Review: Kraft Heinz (NASDAQ:KHC) Vs Peers
Tue 13 May 25, 03:31 AM| Breakdown | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
| Income before tax | 283.40M | 356.50M | 448.90M | 561.30M | 561.30M |
| Minority interest | - | - | 0.00000M | 0.00000M | 8.60M |
| Net income | 200.90M | 317.80M | 317.80M | 365.90M | 478.60M |
| Selling general administrative | 550.00M | 387.60M | 357.20M | 338.30M | 316.40M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 832.00M | 832.00M | 895.20M | 1003.50M | 1003.50M |
| Reconciled depreciation | 222.80M | 192.10M | 188.80M | 184.00M | 162.40M |
| Ebit | 444.40M | 474.80M | 556.90M | 668.40M | 668.40M |
| Ebitda | 636.50M | 663.60M | 740.90M | 830.80M | 830.80M |
| Depreciation and amortization | 192.10M | 188.80M | 184.00M | 162.40M | 162.40M |
| Non operating income net other | 460.60M | -10.70000M | 51.80M | 29.30M | 59.50M |
| Operating income | 444.40M | 474.80M | 556.90M | 668.40M | 668.40M |
| Other operating expenses | 3654.50M | 3196.10M | 3235.50M | 3088.10M | 3088.10M |
| Interest expense | 161.00M | 118.30M | 108.00M | 107.10M | 107.10M |
| Tax provision | 224.60M | 71.80M | 90.50M | 112.30M | 136.00M |
| Interest income | 109.20M | 107.70M | 118.30M | 108.00M | 107.10M |
| Net interest income | -109.20000M | -161.00000M | -118.30000M | -108.00000M | -107.10000M |
| Extraordinary items | - | - | - | 0.00000M | 2.40M |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 71.80M | 90.50M | 112.30M | 133.60M | 133.60M |
| Total revenue | 4098.90M | 3670.90M | 3792.40M | 3756.50M | 3756.50M |
| Total operating expenses | 387.60M | 357.20M | 338.30M | 335.10M | 335.10M |
| Cost of revenue | 3266.90M | 2838.90M | 2897.20M | 2753.00M | 2753.00M |
| Total other income expense net | -161.00000M | -118.30000M | -108.00000M | -107.10000M | -107.10000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 1008.90M | 211.60M | 317.80M | 365.90M | 487.20M |
| Net income applicable to common shares | 1008.90M | 200.90M | 317.80M | 365.90M | 467.80M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
| Total assets | 4139.80M | 4209.40M | 4662.30M | 3048.10M | 3048.10M |
| Intangible assets | 33.70M | 36.90M | 38.30M | 37.60M | 37.60M |
| Earning assets | - | - | - | - | - |
| Other current assets | 112.90M | 117.80M | 109.80M | 110.90M | 110.90M |
| Total liab | 3779.30M | 3728.80M | 4422.30M | 3052.70M | 3052.70M |
| Total stockholder equity | 360.50M | 480.60M | 240.00M | -4.60000M | -4.60000M |
| Deferred long term liab | 252.10M | 172.50M | 159.70M | 152.50M | 125.70M |
| Other current liab | 91.80M | 226.90M | 204.60M | 217.20M | 217.20M |
| Common stock | 148.00M | 147.60M | 147.00M | 146.70M | 146.70M |
| Capital stock | 150.30M | 148.00M | 147.60M | 147.00M | 146.70M |
| Retained earnings | 1305.50M | 1244.60M | 1064.60M | 803.60M | 803.60M |
| Other liab | - | 384.40M | 284.90M | 260.20M | 219.70M |
| Good will | 318.00M | 334.50M | 303.80M | 205.90M | 205.90M |
| Other assets | 244.10M | 172.90M | 80.40M | 65.40M | 20.70M |
| Cash | 525.00M | 783.50M | 1364.00M | 12.20M | 12.20M |
| Cash and equivalents | 304.80M | 525.00M | 783.50M | 1364.00M | 12.20M |
| Total current liabilities | 699.10M | 618.20M | 1024.90M | 552.80M | 552.80M |
| Current deferred revenue | 172.50M | 172.50M | - | - | 125.00M |
| Net debt | 2203.00M | 1953.90M | 2204.50M | 2314.40M | 2314.40M |
| Short term debt | 32.20M | 32.00M | 575.90M | 46.40M | 46.40M |
| Short long term debt | 213.80M | 32.20M | 32.00M | 547.50M | 46.40M |
| Short long term debt total | 2728.00M | 2737.40M | 3568.50M | 2326.60M | 2326.60M |
| Other stockholder equity | -1077.40000M | -941.10000M | -931.10000M | -929.60000M | -929.60000M |
| Property plant equipment | 2954.10M | 1698.20M | 1665.70M | 1702.00M | 1597.80M |
| Total current assets | 1659.60M | 1781.70M | 2302.60M | 961.50M | 961.50M |
| Long term investments | 43.50M | 257.40M | 310.20M | 250.20M | 224.60M |
| Net tangible assets | 1411.30M | 360.50M | 109.20M | -102.10000M | -248.10000M |
| Short term investments | - | - | 310.00M | - | 224.00M |
| Net receivables | 447.30M | 366.90M | 342.10M | 340.10M | 340.10M |
| Long term debt | 3248.40M | 2695.80M | 2705.40M | 2982.10M | 2201.30M |
| Inventory | 574.40M | 513.50M | 486.70M | 498.30M | 498.30M |
| Accounts payable | 402.60M | 359.30M | 244.40M | 289.20M | 289.20M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -15.60000M | 29.50M | -40.50000M | -25.30000M | -25.30000M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | 150.30M | 148.00M | 147.60M | 147.00M | 146.70M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | 2160.70M | 1305.50M | 1244.60M | 1064.60M | 803.60M |
| Treasury stock | - | - | -104.30000M | -68.20000M | -39.30000M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 0.40M | -79.30000M | -87.10000M | -105.00000M | -105.00000M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 2480.20M | 2427.70M | 2359.70M | 2086.60M | 2086.60M |
| Capital lease obligations | 28.50M | 22.40M | 29.10M | 28.40M | - |
| Long term debt total | 3248.40M | 2695.80M | 2705.40M | 2992.60M | 2280.20M |
| Breakdown | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 |
| Investments | -1340.90000M | -310.50000M | -162.50000M | -22.60000M | -423.00000M |
| Change to liabilities | 127.30M | 60.20M | 104.70M | -48.30000M | 18.40M |
| Total cashflows from investing activities | -1340.90000M | -310.50000M | -162.50000M | -346.00000M | -423.00000M |
| Net borrowings | 538.30M | -22.00000M | -804.30000M | 1277.10M | -67.70000M |
| Total cash from financing activities | -363.40000M | -974.00000M | 1125.00M | -299.60000M | -299.60000M |
| Change to operating activities | - | 25.30M | -13.90000M | -18.10000M | -18.10000M |
| Net income | 200.90M | 317.80M | 365.90M | 487.20M | 487.20M |
| Change in cash | -258.50000M | -580.50000M | 1351.80M | -43.40000M | -43.40000M |
| Begin period cash flow | 783.50M | 1364.00M | 12.20M | 55.60M | 55.60M |
| End period cash flow | 525.00M | 783.50M | 1364.00M | 12.20M | 12.20M |
| Total cash from operating activities | 418.10M | 553.20M | 574.00M | 680.90M | 680.90M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | 192.10M | 188.80M | 184.00M | 162.40M | 162.40M |
| Other cashflows from investing activities | -686.90000M | -20.40000M | -15.30000M | -155.70000M | -88.80000M |
| Dividends paid | -138.40000M | -135.30000M | -121.30000M | -113.30000M | 113.30M |
| Change to inventory | -63.00000M | -22.00000M | 15.30M | -15.80000M | -15.80000M |
| Change to account receivables | -76.30000M | -34.90000M | -17.00000M | -25.10000M | -25.10000M |
| Sale purchase of stock | -158.40000M | -36.10000M | -28.90000M | -36.40000M | -36.40000M |
| Other cashflows from financing activities | 1671.10M | 1.70M | -1.90000M | -83.20000M | -83.20000M |
| Change to netincome | -420.40000M | 111.00M | 2.10M | 58.00M | 50.20M |
| Capital expenditures | 290.10M | 147.20M | 167.70M | 334.20M | 334.20M |
| Change receivables | -53.60000M | -76.30000M | -21.00000M | 1.10M | -25.10000M |
| Cash flows other operating | 1.80M | -6.80000M | -4.90000M | -2.00000M | 3.60M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | -238.40000M | -255.80000M | -583.30000M | 1353.00M | -41.70000M |
| Change in working capital | -85.90000M | 44.50M | -33.90000M | -24.40000M | -24.40000M |
| Stock based compensation | 21.30M | 20.60M | 22.80M | 18.80M | 18.80M |
| Other non cash items | 76.20M | -22.30000M | 15.20M | -0.60000M | -0.60000M |
| Free cash flow | 128.00M | 406.00M | 406.30M | 346.70M | 346.70M |
Sector: Consumer Defensive Industry: Packaged Foods
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| LW Lamb Weston Holdings Inc |
-1.27 2.78% | 44.48 | 15.06 | 19.19 | 2.55 | 9.97 | 3.11 | 14.17 |
| NSRGF Nestle SA |
-0.88 0.85% | 102.12 | 26.86 | 18.76 | 3.13 | 7.10 | 3.81 | 21.70 |
| NSRGY Nestle SA ADR |
-1.86 1.79% | 101.81 | 26.82 | 18.66 | 3.18 | 7.07 | 3.81 | 21.70 |
| KHC Kraft Heinz Co |
-0.78 3.19% | 23.66 | 15.59 | 11.79 | 1.64 | 0.88 | 2.34 | 11.32 |
| DANOY Danone PK |
-0.14 0.87% | 16.00 | 28.42 | 16.39 | 1.44 | 2.23 | 1.85 | 12.41 |
Lamb Weston Holdings, Inc. produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. The company also provides its products under its owned or licensed brands, such as Grown in Idaho and Alexia, and other licensed brands, as well as under retailers' own brands. In addition, it engages in the vegetable and dairy businesses. The company sells its products through a network of internal sales personnel and independent brokers, agents, and distributors to chain restaurants, wholesale, grocery, mass merchants, club and specialty retailers, businesses, educational institutions, independent restaurants, regional chain restaurants, and convenience stores. Lamb Weston Holdings, Inc. was incorporated in 1950 and is headquartered in Eagle, Idaho.
599 South Rivershore Lane, Eagle, ID, United States, 83616
| Name | Title | Year Born |
|---|---|---|
| Mr. Thomas P. Werner | Pres, CEO & Director | 1966 |
| Ms. Bernadette M. Madarieta | Sr. VP & CFO | 1976 |
| Mr. Eryk J. Spytek | Sr. VP, Chief Compliance Officer & Gen. Counsel | 1968 |
| Ms. Sharon L. Miller | Sr. VP & GM of Global Bus. Unit | 1966 |
| Mr. Michael Jared Smith | Sr. VP and GM of Foodservice, Retail, Marketing & Innovation | 1977 |
| Mr. Dexter P. Congbalay | VP of Investor Relations | NA |
| Mr. Steven J. Younes J.D. | Sr. VP & Chief HR Officer | 1966 |
| Mr. Gerardo Scheufler | Sr. VP & Chief Supply Chain Officer | 1968 |
| Mr. John C. Hatto | Sr. VP of Strategy & Growth | NA |
| Phuong T. Lam | VP & Corp. Sec. | NA |
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