Lamb Weston: Sequential Sales Recovery Should Drive Stock Higher

LW's Capacity Expansion (LW's October 2023 Investor Day Presentation slide) - Gross Margin LW's Historical Gross Margin and Adjusted EBITDA Margin (Company Data, GS Analytics Research) LW's Historical Segment-wise Adjusted EBITDA Margin (Company Data, GS Analytics Research) Valuation and Conclusion Sector Median LW 5Y Avg. I believe this lower-than-historical valuation is due to investor concerns about lower restaurant traffic and loss of market share related to customers going away due to th disruption rel ...