Lamb Weston (LW) Q4 Earnings & Sales Lag Estimates, Down Y/Y

The company faced disappointing price/mix results, coupled with more-than-anticipated market share losses and a slowdown in restaurant traffic across the United States and several key international markets. LW incurred losses linked to a voluntary product withdrawal. Looking ahead to the fiscal 2025, management anticipates another challenging year. The operating landscape remains dynamic, marked by softened global restaurant traffic and reduced demand for frozen potatoes due to ongoing menu price inflation. ...