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-0.000113314447591965 0 0.000453257790368343 0.00249291784702548 0.00266288951841359 0.00254957507082163 0.00589235127478765 0.00589235127478765
Stock impact report

Lamb Weston (LW) Counters Cost Challenges With Pricing Strategy [Yahoo! Finance]

Lamb Weston Holdings, Inc. (LW) 
Last lamb weston holdings, inc. earnings: 4/1 08:30 am Check Earnings Report
US:NYSE Investor Relations: lambweston.com/investors
Company Research Source: Yahoo! Finance
The provider of value-added frozen potato products is expanding production capacity to sustain long-term growth, although subdued restaurant traffic is a concern. Let's discuss this in detail. What's Favoring Lamb Weston? Lamb Weston has been benefiting from a favorable pricing environment, as reflected in a 4% increase in price/mix during third-quarter fiscal 2024. This uptick stems from ongoing pricing actions driven by inflation, initiated in fiscal 2023. Pricing adjustments across its North America and International segments have also contributed to the positive performance. The company's sustained focus on pricing strategies is expected to bolster top-line growth. Management anticipates net sales between $1.69 billion and $1.75 billion for the fourth quarter of fiscal 2024, supported by stronger price/mix dynamics. The Zacks Rank #3 (Hold) company's robust balance sheet and strong cash generation position it well to enhance production capacity and sustain long-term growth Show less Read more
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