Lamb Weston (LW) Counters Cost Challenges With Pricing Strategy
Lamb Weston(LW) zacks.com·2024-05-23 02:11
Lamb Weston Holdings, Inc. (LW) is actively implementing pricing strategies to counter inflationary pressures. The provider of value-added frozen potato products is expanding production capacity to sustain long-term growth, although subdued restaurant traffic is a concern.Let’s discuss this in detail.What’s Favoring Lamb Weston?Lamb Weston has been benefiting from a favorable pricing environment, as reflected in a 4% increase in price/mix during third-quarter fiscal 2024. This uptick stems from ongoing pric ...