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Why Lamb Weston Stock Tanked Today
LWLamb Weston(LW) The Motley Fool·2024-07-24 19:13

Profits are dropping as sales stall. What's going wrong for Lamb Weston? Lamb Weston essentially directs blame toward restaurant companies that have raised menu prices to the point of pushing consumers away. In fiscal 2025, management expects 5% top-line growth, at best. And its guidance calls for a drop in net profits. When life gives you potatoes... It's possible the market overreacted today with Lamb Weston stock. French fries aren't going anywhere long term, and the stock is cheap enough to expect it to ...