Lamb Weston (LW) Continues Pricing Strategy Amid Cost Pressures
Let's delve deeper. Pricing Actions on Track Lamb Weston has been capitalizing on a favorable pricing environment, a trend that persisted into the third quarter of fiscal 2024, evidenced by a 4% increase in price/mix. This uptick can be attributed to ongoing pricing actions driven by inflation, which were initiated in fiscal 2023. Additionally, pricing adjustments implemented throughout this year across its North America and International segments have contributed to the positive performance. The company's ...