Lamb Weston Holdings, Inc. (LW) continues to reap benefits from an effective pricing scenario. The company’s focus on global expansion efforts and bettering manufacturing capabilities have been key growth drivers. However, the provider of value-added frozen potato products is not immune to a rising cost environment.Let’s delve deeper.Favorable Pricing: Key Driver Lamb Weston’s net sales are benefiting from robust price/mix, as witnessed during the second quarter of fiscal 2024. The price/mix rose 12%, which ...

Lamb Weston (LW) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earn ...

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 +1.1% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Food - Miscellaneous industry, to which Lamb Weston belongs, has gained 2.8% over this period. Now the key question is: Where could the stock be headed in the near te ...

Lamb Weston (LW) reported $1.73 billion in revenue for the quarter ended November 2023, representing a year-over-year increase of 35.7%. EPS of $1.45 for the same period compares to $1.28 a year ago.The reported revenue represents a surprise of +2.16% over the Zacks Consensus Estimate of $1.7 billion. With the consensus EPS estimate being $1.40, the EPS surprise was +3.57%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

After posting favorable results for its fiscal second quarter on Thursday, investors may be wondering if it's time to buy Lamb Weston’s (LW)  stock. In recent years Lamb Weston has been somewhat of a Wall Street darling with the company starting to gain notoriety like other renowned consumer food companies such as General Mills (GIS)  and Hormel Foods (HRL) .As it relates to frozen potato products Lamb Weston is the top supplier in North America and has a global footprint as well. Let’s see if now is a good ...

Lamb Weston Holdings, Inc. (NYSE:LW) Q2 2024 Earnings Conference Call January 4, 2024 10:00 AM ET Dexter Congbalay - Investor Relations Bernadette Madarieta - Chief Financial Officer Company Participants Tom Werner - President and Chief Executive Officer Conference Call Participants Matt Smith - Stifel Robert Moskow - TD Cowen Peter Galbo - Bank of America Marc Torrente - Wells Fargo Securities Good day, and welcome to the Lamb Weston Second Quarter Earnings Call. Today's conference is being recorded. Dexte ...

Lamb Weston Holdings, Inc. (LW) posted solid second-quarter fiscal 2024 results, with the top and the bottom line beating the Zacks Consensus Estimate. Net sales and earnings increased year over year. Results gained from improved pricing, favorable customer and product mix and gains from supply chain productivity cost savings.Management reaffirmed its fiscal 2024 net sales guidance while raising its adjusted earnings per share (EPS) view.Quarter in DetailLW’s bottom line came in at $1.45 per share, surpassi ...

Key TakeawaysU.S. equities were up at midday on Thursday, Jan. 4, 2024 following reports of record online spending during the holidays and a rise in private sector job creation.Lamb Weston shares rose after the food processor beat profit and sales estimates and raised its outlook on optimism about consumers and the operating environment.Walgreens shares sank after the pharmacy chain slashed its dividend to strengthen its cash position and pay for strategic initiatives.U.S. equities posted gains at midday as ...

Lamb Weston (LW) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.40 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.57%. A quarter ago, it was expected that this frozen foods supplier would post earnings of $1.09 per share when it actually produced earnings of $1.63, delivering a surprise of 49.54%.Over the last four quarters, the c ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...