Rhumbline Advisers, among several others, sold shares of
Lamb Weston Holdings (LW). Levi & Korsinsky alerted shareholders about a
Class Action Lawsuit and upcoming deadline. On the other hand, Atria Wealth Solutions and Alberta Investment Management Corp purchased new LW shares. The firm reported it'll pay a bigger
dividend than the previous year. Simultaneously, insiders sold around US$6.6m of shares.
Wall Street analysts showed bullish sentiments towards LW, but a Q2 earnings miss led to a stock tumble. Their Q2 2025 earnings highlighted challenges, while their stock slumped 24% in a year.
JANA Partners urged LW's board overhaul. LW reported a decline in earnings compared to the previous year, contributing to a 34% loss for shareholders. The company welcomed new CEO, Michael J. Smith, and announced a restructuring plan amid reduced FY25 outlook. They face soaring manufacturing costs and anticipate challenging conditions until 2026. The firm's weak outlook in 2025 caused concern among investors. Rumors also surfaced regarding a potential takeover by Post Holdings.
Lamb Weston Holdings LW News Analytics from Thu, 20 Jun 2024 07:00:00 GMT to Sat, 22 Feb 2025 11:16:09 GMT -
Rating -2
- Innovation -3
- Information 5
- Rumor -4
