Latest news with #frozenpotatoes
Yahoo
04-07-2025
- Business
- Yahoo
Here's What to Expect From Lamb Weston's Next Earnings Report
Eagle, Idaho-based Lamb Weston Holdings, Inc. (LW) engages in the production, distribution, and marketing of frozen potato products. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. With a market cap of $7.4 billion, Lamb Weston's operations span North America and internationally. The packaged foods giant is expected to announce its Q4 earnings on Wednesday, Jul. 23. Ahead of the event, analysts expect Lamb Weston to report a profit of $0.65 per share, down 16.7% from $0.78 per share reported in the year-ago quarter. The company has surpassed or matched the Street's earnings projections in two of the past four quarters while missing on two other occasions. Michael Saylor Says 'You'll Wish You'd Bought More' Bitcoin as MicroStrategy Doubles Down Is Microsoft Stock About to Go Nuclear? Is Super Micro Computer Stock a Buy, Sell, or Hold for July 2025? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For the full fiscal 2025, LW's EPS is expected to come in at $3.14, down 38.2% from $5.08 reported in fiscal 2024. While in fiscal 2026, its earnings are expected to recover 9.6% year-over-year to $3.44 per share. LW stock has plummeted 36.2% over the past 52 weeks, substantially underperforming the S&P 500 Index's ($SPX) 13% gains and the Consumer Staples Select Sector SPDR Fund's (XLP) 7.4% returns during the same time frame. Nevertheless, Lamb Weston's stock prices soared more than 10% following the release of its better-than-expected Q1 results on Apr. 3. Driven by notable growth in volumes, the company's net sales for the quarter increased 4.3% year-over-year to $1.5 billion, exceeding the Street's expectations by 1.4%. Meanwhile, the company's adjusted EPS dropped 8.3% year-over-year to $1.10. However, the drop was already expected; in fact, its earnings surpassed the consensus estimates by a staggering 26.4%, boosting investor confidence. The stock currently holds a consensus 'Moderate Buy' rating overall. Of the 11 analysts covering the LW stock, opinions include four 'Strong Buys' and seven 'Holds.' Its mean price target of $63.18 suggests a 19.7% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
02-07-2025
- Business
- Yahoo
Lamb Weston to Announce Fiscal Year 2025 Fourth Quarter and Full Year Financial Results on July 23, 2025
EAGLE, Ind., July 02, 2025--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today it will report fiscal 2025 fourth quarter and full year financial results on July 23, 2025. The news release will be issued at approximately 8:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. The webcast and accompanying materials will be available on Lamb Weston's Investor Relations page at Alternatively, participants in the U.S. and Canada may access the conference call by dialing 888-204-4368; participants outside the U.S. and Canada should dial +1 323-794-2551. The conference ID is 5723573. A rebroadcast of the conference call will be available later in the day at the same location. About Lamb Weston Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers around the world. For 75 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for its customers and make things more delicious for their customers. From the fields where Lamb Weston potatoes are grown to proactive customer partnerships, Lamb Weston always strives for more and never settles. Because, when we look at a potato, we see possibilities. Learn more about us at View source version on Contacts For more information, please contact: Investors:Debbie HancockInvestors@ Media:Erin GardinerCommunication@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
- Yahoo
Is Lamb Weston Stock Underperforming the Nasdaq?
Valued at a market cap of $7,6 billion, Lamb Weston Holdings, Inc. (LW) is a leading global producer of frozen potato products, best known for its French fries, waffle fries, and related items. Headquarters in Eagle, Idaho, the company now employs around 10,700 people and serves restaurant chains and retailers worldwide. Companies valued between $2 billion and $10 billion are typically classified as 'mid-cap stocks,' and LW fits the label perfectly. The Next Trillion-Dollar Boom? 3 Stocks to Buy with 300 Million Humanoid Robots on the Horizon. Warren Buffett's Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America Meta's Mark Zuckerberg Says the Technology They're Developing Will 'See What You See and Hear What You Hear' Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. However, LW has retreated 37% from its 52-week high of $85.79, achieved on June 25, 2024. It has soared 1.9% over the past three months, underperforming the broader Nasdaq Composite's ($NASX) 10.4% rise over the same time frame. Lamb Weston has dropped 36.3% over the past 52 weeks, sharply underperforming the NASDAQ's 11% gain during the same period. Year-to-date, the stock is down 19.1%, again trailing the NASDAQ's 1.7% increase. LW has spent much of the past year trading below its 200-day moving average, though it has recently moved slightly above its 50-day moving average. Lamb Weston's stock jumped 10% on April 3 following the release of its Q3 earnings, which exceeded market expectations. The company posted a 4.3% year-over-year increase in revenue, reaching $1.5 billion and topping Wall Street forecasts. Adjusted EBITDA stood at $363.8 million with a strong margin of 23.9%, also beating analyst estimates. Additionally, adjusted earnings came in at $1.10 per share, surpassing consensus projections by an impressive 26.4%. LW has underperformed its rival, Conagra Brands, Inc. (CAG), which declined 25% over the past 52 weeks. The stock has a consensus rating of 'Moderate Buy' from the 11 analysts covering it, and the mean price target of $63.18 suggests a 16.8% premium to the current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
