Lamb Weston Holdings, Inc. (LW)
|Net Income (ttm)||1.01B|
|Ex-Dividend Date||Nov 2, 2023|
|Day's Range||97.96 - 98.99|
|52-Week Range||81.26 - 117.38|
|Price Target||125.29 (+27.02%)|
|Earnings Date||Jan 4, 2024|
Lamb Weston Holdings, Inc. produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. The company also provides its products under its owned or licensed brands, such as Grown in Idaho and Alexia, and other licensed brands, as well as under retailers' own brands. In addition, it engages in the vegetable and dairy busin... [Read more]
In 2023, LW's revenue was $5.35 billion, an increase of 30.54% compared to the previous year's $4.10 billion. Earnings were $1.01 billion, an increase of 402.19%.Financial Statements
According to 7 analysts, the average rating for LW stock is "Strong Buy." The 12-month stock price forecast is $125.29, which is an increase of 27.02% from the latest price.
Earnings season is a time when investors like to see a “beat and raise” pattern. That is, companies report sales and earnings that surprise the market by coming in ahead of analysts' estimates.
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston opens new manufacturing facility in Ulanqab, Inner Mongolia, China.
Lamb Weston Holdings Inc. LW, +3.96% said Wednesday its board has agreed to add $500 million to its share buyback authorization. The frozen potato company made the announcement in a statement released...
That's because the Idaho-based company is one of the world's top suppliers of frozen potatoes and vegetables. Its products are found at grocery stores and restaurants in more than 100 countries.
Lamb Weston Highlights Continued Strong Execution of Strategic Growth Initiatives, Issues Long-Term Financial Targets, and Increases Share Repurchase Authorization
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston highlights continued execution of growth strategies at its 2023 Investor Day.
Lamb Weston Holdings (LW) was the best-performing stock in the S&P 500 on Thursday after the food processor posted a big jump in profits and boosted its outlook as it benefited from higher prices.
Lamb Weston raises its fiscal-year earnings outlook while Clorox issues a dismal fiscal first-quarter forecast.
Shares of Lamb Weston Holdings Inc. shot up 7.2% in premarket trading Thursday, after the supplier of frozen potato products to restaurants and retailer reported a fiscal first-quarter profit that mor...
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today its results for the first quarter of fiscal 2024 and raised its full year earnings targets for fiscal 2024. “We del...
The consumer staples sector is getting beaten up in the 2nd half of 2023, and for no other reason than the sector is boring. It's growing but not quickly; it's not outperforming, but it has been widen...
EAGLE, Idaho--(BUSINESS WIRE)--The Board of Directors of Lamb Weston Holdings, Inc. (NYSE: LW) today declared a quarterly dividend of $0.28 per share of Lamb Weston common stock. The dividend is payab...
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) will report its fiscal first quarter 2024 financial results on Thursday, October 5, 2023. The news release will be issued at approx...
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston to host Investor Day Oct. 11, 2023.
Lamb Weston Holdings Inc. NYSE: LW reported a solid fourth quarter and guided favorably for 2024, but the stock price got fried. It's not because Lamb Weston is a bad company, in bad shape or heading ...
Lamb Weston Reports Fiscal Fourth Quarter and Full Year 2023 Results; Provides Fiscal Year 2024 Outlook
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today its fiscal fourth quarter and full year 2023 results and provided its outlook for fiscal 2024. “We finished the yea...
Bespoke's Paul Hickey talks under-the-radar earnings to watch
Paul Hickey, Bespoke Investment Group co-founder, joins 'Closing Bell Overtime' to preview earnings ahead.
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced the appointment of Rita Fisher, Chief Information Officer and Executive Vice President, Supply Chain, at Reynolds Consume...
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston issues its FY22 ESG Report.
Lamb Weston Announces Details of Fiscal Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) will report its fiscal fourth quarter and full year 2023 financial results on Tuesday, July 25, 2023. The news release will be issu...
EAGLE, Idaho--(BUSINESS WIRE)--Sukshma Rajagopalan will join Lamb Weston as Chief Information and Digital Officer.
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston names Mike Smith to Chief Operating Officer role, effective May 29, 2023.
Lamb Weston (NYSE: LW) is not an exciting stock, and that is saying something for the Consumer Staples sector. This company makes potato products, and that's it, but it is delivering value to sharehol...