Lamb Weston(LW)
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Why Lamb Weston Stock Tanked Today
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 ...
Lamb Weston Stock Swoons as Demand for Frozen Potatoes Softens
Investopedia· 2024-07-24 17:51
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 ...
Lamb Weston(LW) - 2024 Q4 - Annual Report
2024-07-24 17:29
Table of Contents FORM 10-K ____________________________________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended May 26, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-37830 ____________________________________________________________ Delaware 61-1797411 (State or other jurisdiction of incorporation ...
Lamb Weston (LW) Q4 Earnings & Sales Lag Estimates, Down Y/Y
ZACKS· 2024-07-24 16:21
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. ...
Food Processing Company Stock Gets Fried by Recall: Time to Buy
MarketBeat· 2024-07-24 14:50
Lamb Weston Today Lamb Weston NYSE: LW share prices got fried after Q4 results were worse than expected. The move shaved 20% off the share price, putting the market near long-term lows, but now is not the time to sell. As bad as the implosion looks, the existing market is capitulating and setting up an attractive buying opportunity for new investors. While headwinds persist, the company's results aren't as bad as they look, and there are catalysts ahead for consumer staples. Lamb Weston Has a Weak Quarter C ...
Lamb Weston (LW) Q4 Earnings and Revenues Lag Estimates
ZACKS· 2024-07-24 14:41
While Lamb Weston has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Lamb Weston (LW) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for nonrecurring items. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as ...
Lamb Weston(LW) - 2024 Q4 - Annual Results
2024-07-24 12:32
Net sales for the International segment, which includes all sales to customers outside of North America, increased $1,003.2 million to $2,104.4 million, with the current year including $1,107.4 million of incremental sales attributable to the consolidation of the financial results of LW EMEA and LWAMSA. International segment net sales, excluding the incremental sales attributable to the Acquisitions, declined $104.2 million, or 9 percent, compared to the prior year. Volume, excluding the benefit from the Ac ...
Lamb Weston Holdings, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before August 12, 2024 to Discuss Your Rights – LW
GlobeNewswire News Room· 2024-07-22 15:24
Shareholders who purchased shares of LW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: July 25, 2023 to April 3, 2024 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LW during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycl ...
Will Lamb Weston (LW) Top Estimates in Q4 Earnings Release?
ZACKS· 2024-07-22 14:57
Lamb Weston Holdings, Inc. (LW) is likely to register top and bottom-line growth when it reports fourthquarter fiscal 2024 earnings on Jul 24. The Zacks Consensus Estimate for revenues is pegged at $1.7 billion, which suggests growth of 0.8% from the prior-year quarter's reported figure. The consensus mark for the fiscal 2024 top line is pegged at $6.6 billion, indicating a growth of 22.7% from the prior-year reported figure. The consensus mark for quarterly earnings has remained unchanged in the past 30 da ...
Lamb Weston: Sequential Sales Recovery Should Drive Stock Higher
Seeking Alpha· 2024-07-21 22:58
LW's Capacity Expansion (LW's October 2023 Investor Day Presentation slide) - Gross Margin LW's Historical Gross Margin and Adjusted EBITDA Margin (Company Data, GS Analytics Research) LW's Historical Segment-wise Adjusted EBITDA Margin (Company Data, GS Analytics Research) Valuation and Conclusion Sector Median LW 5Y Avg. I believe this lower-than-historical valuation is due to investor concerns about lower restaurant traffic and loss of market share related to customers going away due to th disruption rel ...