Lamb Weston (LW) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this frozen foods supplier have returned -22.1% over the past month versus the Zacks S&P 500 composite's -1.7% change. The Zacks Food - Miscellaneous industry, to which Lamb Weston belongs, has lost 3.9% over this period. Now the key question is: Where could the stock be headed in the near t ...

Lamb Weston Holdings, Inc. (LW) appears in a tight spot thanks to rising expenses. The provider of value-added frozen potato products is battling input cost inflation, which is putting pressure on its margins.  Subdued near-term restaurant traffic continues to hurt the company’s volumes. Unimpressively, Lamb Weston came out with soft results for the third quarter of fiscal 2024, following which it lowered its guidance for the fiscal.The Zacks Rank #5 (Strong Sell) company’s shares have slumped 26.4% in the ...

Close-up of a logo for Lamb Weston, frozen potato products company, printed on a Stealth Fries pack ... [+] in Lafayette, California, January 22, 2021. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesLamb Weston, one of the world’s largest producers of frozen French fries, recently reported its Q3’24 results (fiscal ends in May), with revenue and earnings missing the street expectations. The company reported revenue of $1.46 billion and adjusted earnings of $1.20 per share, compared to the ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Lamb Weston (LW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Lamb Weston currently has an ave ...

LauriPatterson Introduction It's time to discuss a company I have never covered before, a company we are about to make a holding in various family accounts. That company is Lamb Weston Holdings (NYSE:LW), one of the world's largest producers of frozen potato products (like fries). In 2016, Lamb Weston became an independent company after food giant Conagra Brands spun off this business to become more streamlined. Since then, it has outperformed its former parent by a huge margin, returning 164% since t ...

It's a timeless question at fast-food counters: Do you want fries with that?Responders continue answering affirmatively at a higher-than-average rate, a top potato supplier indicated. It underscores the resilience of consumer spending, even as inflation pinches pocketbooks and pandemic savings dry up.A larger share of customers keep adding the iconic side to meal orders than in the past, according to frozen potato supplier Lamb Weston. Looking bigger picture, strength in the so-called fry attachment rate bo ...

Lamb Weston blamed a new ERP system for missing estimates this quarter.Shares of Lamb Weston Holdings (LW -19.37%) fell 19.4% on Thursday after the food processing company announced weaker-than-expected quarterly results.The source of Lamb Weston's disappointing quarterFor its fiscal third quarter ended Feb. 25, 2024, Lamb Weston's net sales grew 16% year over year to $1.458 billion, including $357 million of sales from its previous acquisition of its LW EMEA joint venture in Europe. On the bottom line, tha ...

Lamb Weston Holdings, Inc. (NYSE:LW) Q3 2024 Earnings Conference Call April 4, 2024 10:00 AM ET Company Participants Dexter Congbalay - Investor Relations Tom Werner - President & Chief Executive Officer Bernadette Madarieta - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America Adam Samuelson - Goldman Sachs Tom Palmer - Citi Robert Moskow - TD Cowen Rob Dickerson - Jefferies Matt Smith - Stifel Marc Torrente - Wells Fargo Securities Max Gumport - BNP P ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 25, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Co ...

Key TakeawaysLamb Weston blamed a software issue with negatively impacting third-quarter sales and led to the company to warn about full-year results, and shares plunged 20% in intraday trading Thursday.The potato processor said a slower-than-expected transition to a new enterprise resource planning (ERP) system affected its ability to fill customer orders.Lamb Weston believes the issue has been resolved, but fiscal 2024 profit and sales will be lower than originally estimated. Shares of Lamb Weston Holding ...