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-0.00064833445115143 0.00156270959087854 -0.00268276324614363 -0.00312989045383413 -0.00380058126537004 0.000335345405767954 0.0076101050748937 0.00677397719651235
Stock impact report

Why Lamb Weston Stock Is Plummeting Today [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
Ultimately, guidance was disappointing, so Lamb Weston may be deserving of its discounted valuation for the time being. 10 stocks we like better than Lamb Weston › Shares of leading frozen potato supplier Lamb Weston (NYSE: LW) plummeted 22% as of 11 a.m. ET on Friday after the French fry juggernaut provided underwhelming earnings again. Following today's drop, Lamb Weston is down 60% from its all-time high in 2023 and trades at its lowest share price since 2017. During the second quarter, the company grew sales by 1% and delivered adjusted earnings per share of $0.69, which beat Wall Street's expectations . However, management offered full-year guidance that spooked the market, saying that revenue would be flat year-over-year, while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) would be down 11% at the midpoint. The good news for Lamb Weston in Q2 was that sales volume grew by 8% in North America and 7% in its international markets. Howeve Show less Read more
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