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Why Lamb Weston Holdings Stock Was a Winner on Wednesday
The Motley Fool· 2024-10-02 21:35
Investors were likely more cheered by news of a restructuring program than they were by first-quarter results. Highly specialized food-supply company Lamb Weston (LW 2.57%) was tasty to some investors on Wednesday following the release of its latest set of quarterly results. It beat on both the top and bottom lines, if not necessarily by a wide margin, and it was rewarded for this feat. Investors also liked the company's news about a fresh restructuring program. Market players bid Lamb Weston's stock price ...
Lamb Weston(LW) - 2025 Q1 - Earnings Call Transcript
2024-10-02 17:50
Lamb Weston Holdings, Inc. (NYSE:LW) Q1 2025 Earnings Conference Call October 2, 2024 10:00 AM ET Company Participants Tom Werner - President, Chief Executive Officer Bernadette Madarieta - Chief Financial Officer Dexter Congbalay - Vice President, Investor Relations Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Tom Palmer - Citi Adam Samuelson - Goldman Sachs Robert Moskow - TD Cowen Rob Dickerson - Jefferies Marc Torrente - Wells Fargo Securities ...
Lamb Weston(LW) - 2025 Q1 - Quarterly Report
2024-10-02 16:45
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 August 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 Comm ...
LW Q1 Earnings Meet Estimates, Profit View Cut Amid Demand Slowdown
ZACKS· 2024-10-02 14:20
Lamb Weston Holdings, Inc. (LW) posted results for the first quarter of fiscal 2025, with the top and the bottom line declining year over year. Quarterly net sales surpassed the Zacks Consensus Estimate while earnings met the same. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. LW's bottom line came in at 73 cents, which was in line with the Zacks Consensus Estimate. However, the metric dropped 55% year over year. The downside was due to lower adjusted income from operations, caused ...
Lamb Weston (LW) Matches Q1 Earnings Estimates
ZACKS· 2024-10-01 23:40
Lamb Weston (LW) came out with quarterly earnings of $0.73 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.63 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this frozen foods supplier would post earnings of $1.24 per share when it actually produced earnings of $0.78, delivering a surprise of -37.10%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Lamb Weston, which ...
Lamb Weston(LW) - 2025 Q1 - Quarterly Results
2024-10-01 21:38
Exhibit 99.1 News Release For more information, please contact: Investors: Dexter Congbalay 224-306-1535 dexter.congbalay@lambweston.com Media: communication@lambweston.com Lamb Weston Reports First Quarter Fiscal 2025 Results; Announces Restructuring Plan and Updates Fiscal Year 2025 Outlook First Quarter Fiscal 2025 Highlights • GAAP Results as Compared to First Quarter Fiscal 2024: ◦ Net sales declined 1% to $1,654 million ◦ Income from operations declined 34% to $212 million ◦ Net income declined 46% to ...
Lamb Weston Q1 Earnings Coming Up: Here's What You Should Know
ZACKS· 2024-09-27 16:51
Lamb Weston Holdings, Inc. (LW) is likely to register a top-and-bottom-line decline when it reports firstquarter fiscal 2025 earnings on Oct. 1, 2024. The Zacks Consensus Estimate for revenues is pegged at $1.56 billion, suggesting a decrease of 6.6% from the prior-year quarter's reported figure. The Zacks Consensus Estimate for the bottom line has remained unchanged in the past 30 days at 73 cents per share. The projection indicates a decline of 55.2% from the figure reported in the year-ago period. LW has ...
Potato Pros Lamb Weston Invest In Volume
Seeking Alpha· 2024-09-26 11:48
Lamb Weston (NYSE: LW ) is a consumer-staples company specializing in the production of frozen-potato products. Across 27 factories and in more than 100 countries, LW holds #1 market share in North America, and #2 in the rest of the BuildingBenjamins is a free stock picking and market commentary investment newsletter. Building Benjamins is the DBA (doing businesses as) publishing entity for Tradition Investment Management, LLC, a registered investment adviser. Benjamin Halliburton, our founder, also founded ...
Lamb Weston Stock Drops Over 40% YTD: What Lies Ahead For LW?
ZACKS· 2024-09-09 16:50
Lamb Weston Holdings, Inc. (LW) is encountering fundamental challenges that are affecting its performance. Key issues include difficulties in commercial execution and supply chain operations along with a global decline in demand for frozen fries. The company is facing weaker restaurant traffic trends, which are exerting pressure on profitability. These factors contribute to a tough operating environment, hindering Lamb Weston's ability to achieve its financial goals and growth targets. Looking ahead to the ...
Lamb Weston: A Simple-To-Understand Business With A Market-Beating Yield
Seeking Alpha· 2024-09-09 13:00
Monty Rakusen/DigitalVision via Getty Images Lamb Weston Holdings Inc. (NYSE:LW) is an American food company that is one of the world's largest producers and processors of branded and private-label frozen potato products. Founded in 1950, Lamb Weston is now a $9 billion (by market cap) food giant. Lamb Weston primarily produces and processes frozen French fries, but also provides related frozen potato products that include sweet potato fries, tater tots, mashed potatoes, and hash browns. The company reports ...