Lamb Weston shares surge 4% after first quarter results surpassed estimates
Core Insights - Lamb Weston Holdings Inc. (LW) shares increased by 4% following the release of first-quarter results that exceeded expectations in both revenue and profit, attributed to strong demand for frozen potato products [1] Financial Performance - The company reported better-than-expected first-quarter revenue and profit, indicating robust financial health [1] - Sustained demand for frozen potato products has been a significant driver of this performance [1]