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Lamb Weston (NYSE: LW) plans Dutch plant closure, expects $80M-$110M costs

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Lamb Weston Holdings, Inc. has approved a plan to close its manufacturing facility in Broekhuizenvorst, the Netherlands, as part of efforts to improve operational efficiency and align its global manufacturing footprint with customer needs.

The company expects total pre-tax charges of $80 million to $110 million related to the closure, primarily from writing down long-lived assets and inventory, employee severance and other one-time termination benefits, and associated costs. Substantially all of these charges are expected to be recognized in the fiscal year ending May 30, 2027, and at least 20% are expected to require future cash expenditures. Lamb Weston will begin a formal consultation process with the local Works Council in accordance with Dutch regulations.

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Insights

Lamb Weston is closing a Dutch plant and taking sizeable restructuring charges to reshape its manufacturing footprint.

Lamb Weston plans to close its Broekhuizenvorst, Netherlands facility to better match production with customer needs and improve operational efficiency. The move triggers estimated pre-tax charges of $80 million to $110 million, centered on asset write-downs, inventory, and severance.

At least 20% of these charges will require future cash outlays, while the remainder is non-cash. Most charges are expected in the fiscal year ending May 30, 2027, concentrating the financial impact in that period. Actual results depend on consultation outcomes, execution of the closure, and evolving labor and operational conditions.

Item 2.05 Costs Associated with Exit or Disposal Activities Financial
The company committed to an exit plan involving layoffs, facility closures, or restructuring charges.
Estimated pre-tax charges $80 million to $110 million Related to planned Broekhuizenvorst facility closure
Cash portion of charges At least 20% Portion of closure charges expected to require future cash expenditures
Recognition period Fiscal year ending May 30, 2027 Substantially all closure-related charges expected in this fiscal year
Board approval date June 1, 2026 Date Board committed to facility closure plan
Costs Associated With Exit or Disposal Activities financial
"Item 2.05. Costs Associated With Exit or Disposal Activities"
Works Council regulatory
"we will initiate a formal consultation process with the related Works Council"
A works council is an elected group of employees who represent the workforce in discussions with management about working conditions, layoffs, plant closures, and other workplace changes. Like a neighborhood committee negotiating with a landlord, the council can slow, shape or approve changes that affect staff, so investors watch them because their influence can change the timing, cost and public perception of strategic moves such as reorganizations or cost cuts.
long-lived assets financial
"The charges primarily relate to the write-down of long-lived assets and inventory"
employee severance financial
"employee severance and other one-time termination benefits, and other related costs"
forward-looking statements regulatory
"contains forward-looking statements within the meaning of the federal securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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Learn about SEC filing dates
0001679273FALSE00016792732026-06-012026-06-01

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________
FORM 8-K
_________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 1, 2026
_________________________
Lamb Weston Holdings, Inc.
(Exact name of registrant as specified in its charter)
_________________________
Delaware1-3783061-1797411
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
599 S. Rivershore Lane
83616
Eagle, Idaho
(Zip Code)
(Address of principal executive offices)
(208) 938-1047
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $1.00 par valueLWNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company     o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   o



Item 2.05. Costs Associated With Exit or Disposal Activities
On June 1, 2026, the Board of Directors of Lamb Weston Holdings, Inc. committed to a plan to close our manufacturing facility in Broekhuizenvorst, the Netherlands. In accordance with Dutch regulations, we will initiate a formal consultation process with the related Works Council. The contemplated closure is intended to improve operational efficiency and better align our global manufacturing footprint with customer needs.
In connection with the planned facility closure, we expect to incur total pre-tax charges of approximately $80 million to $110 million, substantially all of which are expected to be recognized in our fiscal year ending May 30, 2027. We estimate at least 20% of these charges will result in future cash expenditures. The charges primarily relate to the write-down of long-lived assets and inventory, employee severance and other one-time termination benefits, and other related costs.
Forward Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the meaning of the federal securities laws. Words such as “plan,” “will,” “intend,” "improve," “align,” “expect,” “estimate,” and variations of such words and similar expressions are intended to identify forward-looking statements. Examples of forward-looking statements include statements regarding our plans and strategies and anticipated benefits therefrom, including with respect to the planned facility closure. These forward-looking statements are based on management’s current expectations and are subject to uncertainties and changes in circumstances. Readers of this report should understand that these statements are not guarantees of performance or results. Many factors could affect these forward-looking statements and actual financial results and cause them to vary materially from the expectations contained in the forward-looking statements. These risks and uncertainties include, among other things: our ability to successfully implement the facility closure, including consultation with the Works Council, achieving the benefits of the closure and possible changes in the size and timing of related charges; operational challenges; levels of labor and people-related expenses; our ability to successfully execute our strategies, including our Focus to Win strategy; the competitive environment and related conditions in the markets in which we operate; political and economic conditions in the countries in which we conduct business and other factors related to our international operations; and other risks described in our reports filed from time to time with the Securities and Exchange Commission. We caution readers not to place undue reliance on any forward-looking statements included in this report, which speak only as of the date of this report. We undertake no responsibility for updating these statements, except as required by law.




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LAMB WESTON HOLDINGS, INC.
By:/s/ Eryk J. Spytek
Name: Eryk J. Spytek
Title: General Counsel and Chief Compliance Officer
Date: June 4, 2026

FAQ

What did Lamb Weston (LW) announce regarding its Netherlands facility?

Lamb Weston decided to close its manufacturing facility in Broekhuizenvorst, the Netherlands. The move is aimed at improving operational efficiency and aligning its global manufacturing footprint with customer needs, subject to a formal consultation process with the local Works Council under Dutch regulations.

How much will Lamb Weston (LW) incur in charges from the plant closure?

Lamb Weston expects total pre-tax charges of approximately $80 million to $110 million from the planned facility closure. These charges relate mainly to asset and inventory write-downs, employee severance and other one-time termination benefits, and additional related costs tied to the restructuring.

What portion of Lamb Weston’s (LW) closure charges will be cash expenditures?

Lamb Weston estimates that at least 20% of the $80 million to $110 million in pre-tax charges will result in future cash expenditures. The remaining portion is expected to be non-cash, primarily reflecting write-downs of long-lived assets and inventory tied to the facility.

When will Lamb Weston (LW) recognize the charges from the Dutch facility closure?

Lamb Weston expects substantially all of the $80 million to $110 million in pre-tax charges from the planned facility closure to be recognized in its fiscal year ending May 30, 2027. This concentrates the financial impact of the restructuring within a single fiscal period.

Why is Lamb Weston (LW) closing the Broekhuizenvorst plant?

The company states the contemplated closure is intended to improve operational efficiency and better align its global manufacturing footprint with customer needs. This reflects a strategic effort to match production capacity and location with demand patterns across its international operations.

Filing Exhibits & Attachments

3 documents