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Lamb Weston Holdings, Inc. - LW STOCK NEWS

Welcome to our dedicated page for Lamb Weston Holdings news (Ticker: LW), a resource for investors and traders seeking the latest updates and insights on Lamb Weston Holdings stock.

Lamb Weston Holdings, Inc. (Symbol: LW) is a leading global supplier of frozen potato, sweet potato, appetizer, and vegetable products. With a history spanning over 60 years, the company has consistently been at the forefront of innovation in the frozen potato industry.

Headquartered in Eagle, Idaho, Lamb Weston's manufacturing operations are primarily located in the Pacific Northwest, particularly in the Columbia River Basin, recognized as one of the world’s premier potato-growing regions. This strategic location supports their commitment to quality and sustainability.

Lamb Weston boasts an extensive product portfolio that includes French fries, sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. The company's products are available in over 100 countries worldwide, with North America accounting for nearly 70% of its revenue. Notably, McDonald's stands as their largest customer, contributing to 13% of fiscal 2023 sales.

Since becoming an independent entity in 2016 following its spin-off from Conagra, Lamb Weston has maintained a robust financial condition and achieved significant milestones. The company employs over 6,000 people globally, working across sales offices, manufacturing plants, and corporate offices.

Lamb Weston’s commitment to innovation is evident through their continuous introduction of inventive products designed to meet the evolving needs of their customers, which include restaurants and retailers. This dedication has cemented their position as North America's largest and the world's second-largest producer of branded and private-label frozen potato products.

Recent achievements and current projects reflect Lamb Weston's strategic focus on expanding their market reach and enhancing product quality. Through strategic partnerships and investments in state-of-the-art manufacturing technologies, the company aims to drive growth and maintain its leadership in the frozen potato industry.

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Lamb Weston Holdings, Inc. (NYSE: LW) reported strong financial results for the second quarter of fiscal 2024. Net sales increased by 36% to $1,732 million, and net income surged by 109% to $215 million. Adjusted EBITDA also increased by 15% to $377 million. The company reaffirmed its net sales target of $6.8 billion to $7.0 billion for fiscal 2024.
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Lamb Weston Holdings, Inc. (NYSE: LW) declares a 29% increase in quarterly dividend to $0.36 per share of common stock, demonstrating commitment to capital allocation strategy. President and CEO Tom Werner highlights the company's strong track record of delivering returns for shareholders.
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Lamb Weston Holdings, Inc. (NYSE: LW) will report its fiscal second quarter 2024 financial results on January 4, 2024. A conference call will be held to discuss the results, with access for participants in the U.S. and Canada by dialing 888-204-4368 and participants outside the U.S. and Canada by dialing 1-323-994-2093. The conference call may also be accessed live on the internet. A rebroadcast of the conference call will be available on January 5, 2024, after 2:00 p.m. EST at https://investors.lambweston.com/events-and-presentations.
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Lamb Weston Holdings, Inc. celebrates the grand opening of its new processing facility in Ulanqab, Inner Mongolia, China. The facility has the capacity to produce 250 million pounds of frozen potato products annually and will help meet growing customer demand in the region. The company invested $250 million in the facility, creating over 240 jobs.
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Lamb Weston Holdings highlights progress against growth initiatives, updates financial targets, reaffirms outlook, and increases share repurchase authorization
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Lamb Weston Holdings announces Q1 fiscal 2024 results and raises full-year earnings targets
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Lamb Weston Holdings declares a quarterly dividend of $0.28 per share of common stock, payable on Dec. 1, 2023 to stockholders of record as of Nov. 3, 2023.
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Lamb Weston Holdings, Inc. to report Q1 2024 financial results on October 5, 2023
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Lamb Weston Holdings, Inc. (NYSE: LW) will host an Investor Day on Oct. 11, 2023. The event will provide an overview of strategic priorities and financial outlook, followed by a Q&A session. The presentation will be webcast live and a rebroadcast will be available.
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Lamb Weston Holdings, Inc. (NYSE: LW) reported strong financial results for Q4 Fiscal 2023, with net sales increasing 47% to $1,695 million. Income from operations rose 38% to $187 million, and net income surged to $499 million from $32 million. The company also provided a positive outlook for Fiscal 2024, with expected net sales of $6.7 billion to $6.9 billion and net income of $725 million to $790 million.
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FAQ

What is the current stock price of Lamb Weston Holdings (LW)?

The current stock price of Lamb Weston Holdings (LW) is $61.51 as of January 29, 2025.

What is the market cap of Lamb Weston Holdings (LW)?

The market cap of Lamb Weston Holdings (LW) is approximately 8.6B.

What does Lamb Weston Holdings, Inc. do?

Lamb Weston is a leading global supplier of frozen potato, sweet potato, appetizer, and vegetable products.

Where is Lamb Weston headquartered?

Lamb Weston is headquartered in Eagle, Idaho.

In which regions does Lamb Weston operate manufacturing plants?

Lamb Weston's manufacturing operations are primarily located in the Pacific Northwest, especially in the Columbia River Basin.

Who are the primary customers of Lamb Weston?

Lamb Weston serves restaurants and retailers globally, with McDonald's being their single largest customer.

When did Lamb Weston become an independent company?

Lamb Weston became an independent company in 2016 after being spun off from Conagra.

What percentage of Lamb Weston’s revenue comes from North America?

Nearly 70% of Lamb Weston's revenue comes from North America.

How many employees does Lamb Weston have?

Lamb Weston employs over 6,000 people worldwide.

What are some of the main products offered by Lamb Weston?

Lamb Weston's product portfolio includes French fries, sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips.

How does Lamb Weston ensure product quality?

Lamb Weston ensures product quality through strategic manufacturing locations in top potato-growing regions and continuous innovation.

What recent achievements has Lamb Weston made?

Lamb Weston has achieved significant milestones through strategic partnerships and investments in advanced manufacturing technologies to drive growth and maintain industry leadership.
Lamb Weston Holdings, Inc.

NYSE:LW

LW Rankings

LW Stock Data

8.61B
139.35M
0.87%
93.85%
5.22%
Packaged Foods
Canned, Frozen & Preservd Fruit, Veg & Food Specialties
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