Lamb Weston Holdings, Inc. produces, distributes, and markets value-added frozen potato products worldwide. It operates through four segments: Global, Foodservice, Retail, and Other. The company offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. The company also offers its products under its owned or licensed brands, such as Grown in Idaho and Alexia, and other licensed brands, as well as under retailers' brands. In addition, it engages in the vegetable and dairy businesses. The company serves retail and foodservice customers; and grocery, mass, club, and specialty retailers; and businesses, independent restaurants, regional chain restaurants, and convenience stores, as well as educational institutions. Lamb Weston Holdings, Inc. was founded in 1950 and is headquartered in Eagle, Idaho.
IPO Year: 2016
Exchange: NYSE
Website: lambweston.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/7/2024 | $63.00 → $68.00 | Overweight → Neutral | JP Morgan |
7/26/2024 | Overweight → Equal Weight | Consumer Edge Research | |
7/25/2024 | $115.00 → $60.00 | Buy → Hold | Stifel |
7/25/2024 | $105.00 → $61.00 | Buy → Hold | TD Cowen |
3/11/2024 | $128.00 | Outperform | Exane BNP Paribas |
2/1/2024 | $132.00 | Buy | Citigroup |
12/12/2023 | $120.00 | Overweight | Wells Fargo |
9/13/2023 | $125.00 | Outperform | TD Cowen |
9/5/2023 | $125.00 → $127.00 | Neutral → Buy | Goldman |
8/4/2023 | $115.00 | Hold → Buy | Stifel |
8-K - Lamb Weston Holdings, Inc. (0001679273) (Filer)
10-Q - Lamb Weston Holdings, Inc. (0001679273) (Filer)
8-K - Lamb Weston Holdings, Inc. (0001679273) (Filer)
8-K - Lamb Weston Holdings, Inc. (0001679273) (Filer)
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DEFA14A - Lamb Weston Holdings, Inc. (0001679273) (Filer)
DEF 14A - Lamb Weston Holdings, Inc. (0001679273) (Filer)
PRE 14A - Lamb Weston Holdings, Inc. (0001679273) (Filer)
10-K - Lamb Weston Holdings, Inc. (0001679273) (Filer)
8-K - Lamb Weston Holdings, Inc. (0001679273) (Filer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
First Quarter Fiscal 2025 Highlights GAAP Results as Compared to First Quarter Fiscal 2024: Net sales declined 1% to $1,654 million Income from operations declined 34% to $212 million Net income declined 46% to $127 million Diluted EPS declined 45% to $0.88 Non-GAAP Results as Compared to First Quarter Fiscal 2024: Adjusted Income from Operations(1) declined 43% to $187 million Adjusted Net Income(1) declined 56% to $105 million Adjusted Diluted EPS(1) declined 55% to $0.73 Adjusted EBITDA(1) declined 30% to $290 million Repurchased $82 million of common stock and paid $52 million in cash dividends to common shareholders Restructuring Plan Restructuring actions
The Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on Nov. 29, 2024, to stockholders of record as of the close of business on Nov. 1, 2024. About Lamb Weston Lamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 70 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 proac
Lamb Weston Holdings, Inc. (NYSE:LW) will report its fiscal 2025 first quarter results on Tuesday, October 1, 2024. The news release will be issued at approximately 5:30 p.m. EDT. Lamb Weston will host a conference call on Wednesday, October 2, 2024, at 10:00 a.m. EDT to discuss the results. Participants in the U.S. and Canada may access the conference call by dialing 888-394-8218 and participants outside the U.S. and Canada should dial 1-323-994-2093. The conference ID is 3993446. The conference call may also be accessed live on the internet. Participants can register for the event here: https://event.webcasts.com/starthere.jsp?ei=1685794&tp_key=0c5e4acd51 A rebroadcast of the conferen
Fourth Quarter Fiscal 2024 Highlights GAAP Results as Compared to Fourth Quarter Fiscal 2023: Net sales declined 5% to $1,612 million Income from operations increased 14% to $213 million Net income declined 74% to $130 million Diluted EPS declined 74% to $0.89 Non-GAAP Results as Compared to Fourth Quarter Fiscal 2023: Adjusted Income from Operations(1) declined 26% to $191 million Adjusted Net Income(1) declined 40% to $114 million Adjusted Diluted EPS(1) declined 40% to $0.78 Adjusted EBITDA(1) declined 15% to $283 million Paid $52 million in cash dividends to common shareholders and repurchased $60 million of common stock Full Year Fiscal 2024 High
The Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on Aug. 30, 2024 to stockholders of record as of the close of business on Aug. 2, 2024. About Lamb Weston Lamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 70 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 proa
The company's fifth annual report includes results from global sustainability and people initiatives, consolidating the newly integrated operations in Europe, the Middle East and Africa for the first time With a focus on making fries and making strides, Lamb Weston Holdings, Inc. (NYSE:LW) issued its fifth annual Global Sustainability Report today, providing updates on the company's performance against key sustainability and people initiatives during its fiscal year 2023. This is the first global consolidated report for the company, which has officially integrated its operations in Europe, the Middle East and Africa following an acquisition in February 2023. "This global report demons
Lamb Weston Holdings, Inc. (NYSE:LW) will report its fiscal 2024 fourth quarter and full year financial results on Wednesday, July 24, 2024. The news release will be issued at approximately 8:30 a.m. EDT. Lamb Weston will host a conference call on Wednesday, July 24, 2024, at 10:00 a.m. EDT to discuss the results. Participants in the U.S. and Canada may access the conference call by dialing 888-204-4368 and participants outside the U.S. and Canada should dial 1-323-794-2551. The conference ID is 4529601. The conference call may also be accessed live on the internet. Participants can register for the event here: https://event.webcasts.com/starthere.jsp?ei=1676014&tp_key=20839addab. A reb
Third Quarter Fiscal 2024 Highlights GAAP and Non-GAAP results include a temporary, higher-than-expected impact from the transition to a new enterprise resource planning system in North America and a $25 million pre-tax charge(1) for the write-off of excess raw potatoes GAAP Results as Compared to Third Quarter Fiscal 2023: Net sales increased 16% to $1,458 million, including $357 million of incremental sales attributable to the LW EMEA Acquisition Income from operations declined 16% to $224 million Net income declined 17% to $146 million Diluted EPS declined 17% to $1.01 Non-GAAP Results as Compared to Third Quarter Fiscal 2023: Adjusted Income from Operations(2) d
The Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on May 31, 2024 to stockholders of record as of the close of business on May 3, 2024. About Lamb Weston Lamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 70 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 proact
Lamb Weston Holdings, Inc. (NYSE:LW) will report its fiscal third quarter 2024 financial results on Thursday, April 4, 2024. The news release will be issued at approximately 8:30 a.m. EDT. Lamb Weston will host a conference call on Thursday, April 4, 2024, at 10:00 a.m. EDT to discuss the results. Participants in the U.S. and Canada may access the conference call by dialing 888-256-1007 and participants outside the U.S. and Canada should dial 1-323-794-2575. The conference ID is 4384143. The conference call may also be accessed live on the internet. Participants can register for the event here: https://event.webcasts.com/starthere.jsp?ei=1659128&tp_key=9deeb425d4 A rebroadcast of the co
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
4 - Lamb Weston Holdings, Inc. (0001679273) (Issuer)
JP Morgan analyst Thomas Palmer maintains Lamb Weston Hldgs (NYSE:LW) with a Overweight and lowers the price target from $108 to $63.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Citigroup analyst Paul Lejuez downgraded the rating for Lululemon Athletica Inc. (NASDAQ:LULU) from Buy to Neutral, while cutting the price target from $415 to $300. Lululemon shares settled at $272.06 on Wednesday. See how other analysts view this stock. See how other analysts view this stock. Argus Research analyst Kevin Heal downgraded Zions Bancorporation (NASDAQ:ZION) from Buy to Hold. Zions Bancorp shares closed at $50.98 on Wednesday. See how other analysts view this stock. B
Stifel analyst Matthew Smith downgrades Lamb Weston Hldgs (NYSE:LW) from Buy to Hold and lowers the price target from $115 to $60.
U.S. stocks traded lower toward the end of trading, with the S&P 500 falling around 100 points on Wednesday. The Dow traded down 0.82% to 40,025.48 while the NASDAQ fell 2.92% to 17,472.06. The S&P 500 also fell, dropping, 1.84% to 5,453.67. Check This Out: Jim Cramer Calls Axsome A ‘Double Or Nothing Stock,’ Says SAP Is ‘Incredible’ Leading and Lagging SectorsUtilities shares jumped by 0.8% on Wednesday. In trading on Wednesday, consumer discretionary shares fell by 3%. Top Headline Shares of AT&T Inc. (NYSE:T) rose around 5% during Wednesday’s session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down
Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
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Lamb Weston Holdings, Inc. (NYSE:LW) shares are trading lower after the company reported worse-than-expected fourth-quarter financial results and issued its FY25 earnings per share guidance below estimates. Quarterly sales of $1.61 billion, missing the street view of $1.70 billion. The company reported adjusted earnings per share of 78 cents (down 40%), missing the analyst consensus of $1.26. “We expect fiscal 2025 to be another challenging year. The operating environment has changed rapidly over the past twelve months as global restaurant traffic and frozen potato demand softened due to menu price inflation continuing to negatively affect global restaurant traffic,” said Tom Werner, P
Lamb Weston Hldgs (NYSE:LW) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $1.26 by 38.1 percent. This is a 36.07 percent decrease over earnings of $1.22 per share from the same period last year. The company reported quarterly sales of $1.61 billion which missed the analyst consensus estimate of $1.70 billion by 5.18 percent. This is a 4.90 percent decrease over sales of $1.70 billion the same period last year.
The global potato processing company's investment in this new, state-of-the-art factory, designed with future generations in mind. On November 7, 2024, Lamb Weston opened its new production facility in Kruiningen, The Netherlands, joined by employees directly involved in the project, suppliers, and regional/local authorities. This investment increases Lamb Weston's annual production capacity by 195 million kilos and is intended to support the growing global demand for high-quality frozen potato products. With this expansion, the Kruiningen site employs approximately 650 people, including the 120 new hires dedicated to this new plant. This press release features multimedia. View the full re
First Quarter Fiscal 2025 Highlights GAAP Results as Compared to First Quarter Fiscal 2024: Net sales declined 1% to $1,654 million Income from operations declined 34% to $212 million Net income declined 46% to $127 million Diluted EPS declined 45% to $0.88 Non-GAAP Results as Compared to First Quarter Fiscal 2024: Adjusted Income from Operations(1) declined 43% to $187 million Adjusted Net Income(1) declined 56% to $105 million Adjusted Diluted EPS(1) declined 55% to $0.73 Adjusted EBITDA(1) declined 30% to $290 million Repurchased $82 million of common stock and paid $52 million in cash dividends to common shareholders Restructuring Plan Restructuring actions
The Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on Nov. 29, 2024, to stockholders of record as of the close of business on Nov. 1, 2024. About Lamb Weston Lamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 70 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 proac
Norman Prestage Joins Lamb Weston Board of Directors Lamb Weston Holdings, Inc. (NYSE:LW) announced the appointment of Norman Prestage to its Board of Directors, effective today. Mr. Prestage served as a partner at Ernst & Young, LLP, a professional services firm, until his retirement in June 2024. Mr. Prestage will also serve on the Board's Audit and Finance Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240926512900/en/Lamb Weston announces the appointment of Norman Prestage to its Board of Directors (Photo: Business Wire) "Norm brings a wealth of experience to our Board," said Tom Werner, President and CEO, Lamb We
Lamb Weston Holdings, Inc. (NYSE:LW) will report its fiscal 2025 first quarter results on Tuesday, October 1, 2024. The news release will be issued at approximately 5:30 p.m. EDT. Lamb Weston will host a conference call on Wednesday, October 2, 2024, at 10:00 a.m. EDT to discuss the results. Participants in the U.S. and Canada may access the conference call by dialing 888-394-8218 and participants outside the U.S. and Canada should dial 1-323-994-2093. The conference ID is 3993446. The conference call may also be accessed live on the internet. Participants can register for the event here: https://event.webcasts.com/starthere.jsp?ei=1685794&tp_key=0c5e4acd51 A rebroadcast of the conferen
Lamb Weston Holdings, Inc. (NYSE:LW) announced today that Sylvia Wilks has joined the company as its Chief Supply Chain Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240805492862/en/Sylvia Wilks Joins Lamb Weston as Chief Supply Chain Officer (Photo: Business Wire) Wilks will lead the company's global supply chain, including manufacturing, procurement, engineering, and continuous improvement. Wilks brings more than 30 years of supply chain experience in consumer-packaged goods, food & beverage manufacturing, automotive and retail to her role. She joins the company from REI, where she was the company's first Chief Sup
Fourth Quarter Fiscal 2024 Highlights GAAP Results as Compared to Fourth Quarter Fiscal 2023: Net sales declined 5% to $1,612 million Income from operations increased 14% to $213 million Net income declined 74% to $130 million Diluted EPS declined 74% to $0.89 Non-GAAP Results as Compared to Fourth Quarter Fiscal 2023: Adjusted Income from Operations(1) declined 26% to $191 million Adjusted Net Income(1) declined 40% to $114 million Adjusted Diluted EPS(1) declined 40% to $0.78 Adjusted EBITDA(1) declined 15% to $283 million Paid $52 million in cash dividends to common shareholders and repurchased $60 million of common stock Full Year Fiscal 2024 High
The Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on Aug. 30, 2024 to stockholders of record as of the close of business on Aug. 2, 2024. About Lamb Weston Lamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 70 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 proa
TROY, Mich., July 17, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Paycom Software Inc. (NYSE:PAYC) as its "Stock to Study" and Lamb Weston Holdings Inc. (NYSE:LW) as its "Undervalued Stock" in the October 2024 issue for investors' informational and educational use. "Given the market's record breaking highs, the Committee reminds investors to evaluate the fundamentals of individual companies in order to select stocks wisely, and also to review the risk of their current portfolio," said Ken Zendel, CEO of National Association of Investors Corp. (NAIC), the parent organization of BetterInvesting. To learn more about Ho
USA News Group CommentaryIssued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, June 26, 2024 /PRNewswire/ -- USA News Group – Citizens of Portland were covered in smoke this week, after a 4-alarm grease fire destroyed the Shin Shin food factory. This incident followed another fire earlier in June that broke out at the Champlain Beef meat processing plant which is situated between the border of Upstate New York and Vermont, while another chicken factory in Illinois erupted in flames at the beginning of the month. While these two tragedies likely won't make a dent in the overall food security of the United States, they do present a rising trend of concern towards whe
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Norman Prestage Joins Lamb Weston Board of Directors Lamb Weston Holdings, Inc. (NYSE:LW) announced the appointment of Norman Prestage to its Board of Directors, effective today. Mr. Prestage served as a partner at Ernst & Young, LLP, a professional services firm, until his retirement in June 2024. Mr. Prestage will also serve on the Board's Audit and Finance Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240926512900/en/Lamb Weston announces the appointment of Norman Prestage to its Board of Directors (Photo: Business Wire) "Norm brings a wealth of experience to our Board," said Tom Werner, President and CEO, Lamb We
Rita Fisher Joins Lamb Weston Board of Directors Lamb Weston Holdings, Inc. (NYSE:LW) announced the appointment of Rita Fisher, Chief Information Officer and Executive Vice President, Supply Chain, at Reynolds Consumer Products to its Board of Directors, effective today. "Rita is an excellent addition to the Board," said Tom Werner, President and CEO, Lamb Weston. "Her extensive experience in IT and Supply Chain will provide terrific insights to Lamb Weston's growth strategies." Ms. Fisher has served as the Chief Information Officer and Executive Vice President, Supply Chain of Reynolds Consumer Products since August 2017. Prior to joining Reynolds Consumer Products, she was the Vice
Lamb Weston Holdings, Inc. (NYSE:LW) today announced the appointment of Mike Smith as the company's Chief Operating Officer, effective May 29, 2023. Smith will continue to report to Tom Werner, President and Chief Executive Officer of Lamb Weston. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230413005174/en/Mike Smith was named Chief Operating Officer, effective May 29, 2023. (Photo: Business Wire) In this newly created position, Smith will have accountability for the Commercial, Supply Chain, Agriculture, Marketing and Innovation organizations for the company. "Creating this role helps position Lamb Weston for further growt
Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retailer in the United States, today announced that Andre Hawaux has been appointed as an independent member of its Board of Directors and its Audit Committee, effective July 1, 2022. Mr. Hawaux joins the Board following an impressive 37-year career across both the consumer packaged goods and retail industries, serving most recently as Chief Operating Officer of Dick's Sporting Goods. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220705005122/en/Andre Hawaux has been appointed as an independent member of the Tractor Supply Company Board of Directors and its Audit
THE WOODLANDS, Texas, Jan. 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced that it has appointed Maria Renna Sharpe as a new independent director to its Board. Ms. Sharpe brings more than 37 years of legal, human resources and accounting expertise to LGI Homes. She is the Managing Principal of Sharpe Human Solutions, LLC, a human resource consulting and commercial real estate investment company, and is a member of the Board of Directors of Lamb Weston Holdings, Inc. (NYSE:LW) where she serves as Chair of the Compensation and Human Capital Committee. Ms. Sharpe served as Senior Vice President, Global Human Capital Management, Services & Operations at PepsiCo
JP Morgan downgraded Lamb Weston from Overweight to Neutral and set a new price target of $68.00 from $63.00 previously
Consumer Edge Research downgraded Lamb Weston from Overweight to Equal Weight
Stifel downgraded Lamb Weston from Buy to Hold and set a new price target of $60.00 from $115.00 previously
TD Cowen downgraded Lamb Weston from Buy to Hold and set a new price target of $61.00 from $105.00 previously
Exane BNP Paribas initiated coverage of Lamb Weston with a rating of Outperform and set a new price target of $128.00
Citigroup initiated coverage of Lamb Weston with a rating of Buy and set a new price target of $132.00
Wells Fargo initiated coverage of Lamb Weston with a rating of Overweight and set a new price target of $120.00
TD Cowen initiated coverage of Lamb Weston with a rating of Outperform and set a new price target of $125.00
Goldman upgraded Lamb Weston from Neutral to Buy and set a new price target of $127.00 from $125.00 previously
Stifel upgraded Lamb Weston from Hold to Buy and set a new price target of $115.00