Lamb Weston Stock Swoons as Demand for Frozen Potatoes Softens

Key Takeaways Lamb Weston missed analysts' expectations on the top and bottom lines with its fiscal fourth-quarter results. CEO Tom Werner said demand for frozen potatoes softened due to inflation. The company said it expects fiscal 2025 will "be another challenging year." Lamb Weston (LW) Chief Executive Officer (CEO) Tom Werner is "disappointed" by the company's fiscal fourth-quarter results, which missed profit and revenue expectations, and issued a warning about 2025. The purveyor of frozen potato produ ...