Lamb Weston Holdings (LW) has demonstrated a mixed financial performance. LW's Q1 earnings were less than expected, though sales showed yearly improvement. The company's stock outperformed competitors on strong trading days but plummeted after disappointing Q3 results and lowered future outlook. Despite shares being sold by investors like Thornburg Investment Management and Lincoln National Corp, others like Montrusco Bolton Investments and Barings LLC have grown their position in LW. Lamb Weston endeavored to balance the pressure of escalating costs with strategic pricing. The company's EPS missed by 27% leading to speculation about future performance. An ERP system issue posed a challenge to alignment with EPS projections. Despite the challenges, LW reported strong growth in Q2 Fiscal 2024. Lamb Weston's five-year shareholder return reflects a 10% CAGR. Though the stock experienced a 25% loss in 3 months, it has potential for a rebound. LW's pricing efforts, expansion, debt management and EPS growth projects a strong case for the business. However, returns on capital and earnings quality have been questioned. The company declared its quarterly dividend and is a favorite among institutional investors, constituting 89% of its ownership.
Lamb Weston Holdings LW News Analytics from Thu, 05 Oct 2023 07:00:00 GMT to Sun, 19 May 2024 05:26:40 GMT -
Rating 0
- Innovation 2
- Information 8
- Rumor -4
