EAGLE, Idaho--(BUSINESS WIRE)--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 pota...
Jana Partners and Continental Grain plan to speak with the potato processing giant about its financial performance and the start of a strategic review.
Lamb Weston Holdings, Inc. has strong growth prospects due to recovering customer traffic, easier year-over-year comparisons, and efforts to restore supply/demand balance, justifying a buy rating. The company's margins should benefit from volume leverage and cost-saving initiatives, with significant improvements expected in the latter half of fiscal 2025 and beyond. The stock is trading below h...
Lamb Weston has rebounded 28% since August, driven by better earnings and activist investor interest, despite ongoing challenges and weak consumer sentiment. Strategic initiatives, including market share gains and cost-saving measures, position LW for long-term growth and potential double-digit EPS growth by 2026. JANA Partners' 5% stake and push for strategic changes could accelerate LW's turn...
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