Lamb Weston Holdings, Inc. (NYSE:LW) was the subject of significant investor attention and market fluctuation. Mixed reception includes LW being seen as
inexpensive but not attractive enough and stock
outperforming competitors though maintaining some losses, marking strong trading days. Various institutions have adjusted their holdings in LW including
Bayberry Capital Partners, Cohen & Steers, Inc., and Crossmark Global Holdings Inc implementing reductions and
Shell Asset Management Co. and Ossiam increasing stocks. Legal developments include securities fraud lawsuits with LW investors being encouraged to lead. Amidst high costs, LW has implemented
pricing actions. They recently announced their Q3 2024 earnings call with
EPS projections falling 27% short. LW's dividend value was appraised and the company's capital returns have sparked concern. Their Q3 earnings reportedly lag estimates and saw a reduction in guidance, while stock performance remained strong, even creating new highs. LW's strategic place in the market is being inspected following their outlook change after software issues and a
25% share price drop in three months. However, LW has reported robust growth in their Q2 fiscal 2024. LW continued pricing strategies alongside high costs seemed effective with strong prospects despite
weaker results and lower outlook.
Lamb Weston Holdings LW News Analytics from Sun, 24 Dec 2023 08:00:00 GMT to Sat, 15 Jun 2024 14:45:00 GMT -
Rating -1
- Innovation 0
- Information 4
- Rumor -2
