---
ticker: LW
company: Lamb Weston Holdings Inc.
filing_type: 10-K
year_current: 2026
year_prior: 2025
risks_added: 0
risks_removed: 1
risks_modified: 8
risks_unchanged: 18
source: SEC EDGAR
url: https://riskdiff.com/lw/2026-vs-2025/
markdown_url: https://riskdiff.com/lw/2026-vs-2025/index.md
access: public_preview
generated: 2026-09-28
---

# Lamb Weston Holdings Inc.: 10-K Risk Factor Changes 2026 vs 2025

> Source: U.S. Securities and Exchange Commission (EDGAR)  
> Generated: 2026-09-28  
> All data extracted directly from official filings. No hallucinated content.

## AI Risk Brief

> **AI interpretation layer.** The brief below was generated by an AI model from the deterministic diff. AI never invents facts.

> **Updates to climate, export, crop, customer, market-balance and systems risks are offset in part by removal of the customer bargaining-power risk.**

- **Direction:** Mixed
- **Themes:** Climate & ESG, Supply Chain, Tariffs & Trade Policy

---

## Summary

| Status | Count |
|--------|-------|
| New risks added | 0 |
| Risks removed | 1 |
| Risks modified | 8 |
| Unchanged | 18 |

---

## Selected change

This public preview includes one change. Pro access provides the complete comparison and historical data.

## No Match in Current: The sophistication and buying power of some of our customers could have a negative impact on profits.

*This section from the 2025 filing does not have a high-confidence textual match in 2026. It may have been removed, merged, or substantially reworded.*

Some of our customers are large and sophisticated, with buying power and negotiating strength. These customers may be more capable of resisting price increases and more likely to demand lower pricing, increased promotional programs, or specialty tailored products. In addition, some of these customers (e.g., larger distributors and supermarkets) have the scale to develop supply chains that permit them to operate with reduced inventories or to develop and market their own brands. Shelf space at food retailers is not guaranteed, and large retail customers may choose to stock their own retailer and other economy brands that compete with some of our products. This could be exacerbated with a shift in consumer spending as a result of an economic downturn and consumers moving to private label or lower priced products. If the initiatives we undertake to counteract these pressures, including efficiency programs and investments in innovation and quality, are unsuccessful and we are unable to counteract the negotiating strength of these customers, our profitability could decline.

---

## Source filings

- [2026 10-K filing on SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1679273/000167927326000026/0001679273-26-000026-index.htm)
- [2025 10-K filing on SEC EDGAR](https://www.sec.gov/Archives/edgar/data/1679273/000167927325000049/0001679273-25-000049-index.htm)

[View the full comparison with Pro](https://riskdiff.com/lw/2026-vs-2025/full/)

*Data sourced from SEC EDGAR. Last updated 2026-09-28.*