French fry producer Lamb Weston is beginning to see its financials turning a corner. 

The Idaho-based company reported in its latest quarterly earnings report that net sales increased by 4% compared to a year ago.  

Operations costs dropped by more than $15 million and the company affirmed that its projections to close the 2025 fiscal year – which ends on May 31 – of net sales of between $6.35 billion to $6.45 billion. 

But its corporate leaders acknowledge that they don’t anticipate smooth sailing just yet. 

“Thanks to our team’s fiscal discipline and focused execution, we continue to deliver the cost savings identified in the Restructuring Plan announced in October 2024,” said Mike Smith, Lamb Weston’s president and CEO, in a statement. “That said, we expect headwinds from soft restaurant traffic to persist, and we continue to see opportunities to further streamline costs while investing strategically to support customers.” 

The restructuring plan mentioned by Smith is what led to the closure of Lamb Weston’s plant in Connell last fall, leading to hundreds of workers losing their jobs and decimating the north Franklin County town’s tax revenues.  

The company has since listed the facility for sale and Connell officials along with those at the Port of Pasco have focused on recruiting a new employer for the community.