Let's delve deeper. Pricing Actions on Track Lamb Weston has been capitalizing on a favorable pricing environment, a trend that persisted into the third quarter of fiscal 2024, evidenced by a 4% increase in price/mix. This uptick can be attributed to ongoing pricing actions driven by inflation, which were initiated in fiscal 2023. Additionally, pricing adjustments implemented throughout this year across its North America and International segments have contributed to the positive performance. The company's ...

junce Representing about 13% of this food company's revenue during the latest fiscal year ended May 2023, Lamb Weston Holdings, Inc. (NYSE:LW) is the global supplier of McDonald's (MCD) world-famous French fries. Acknowledged as a favorite food for all types of demographics in many nations, French fries have become a consumer staple on planet earth over the last couple of decades. LW grows many of its potatoes on company-owned farmland in the U.S. Pacific Northwest. So, an integrated business model hel ...

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 ...

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 ...