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Lamb Weston Holdings Inc - LW STOCK NEWS

Welcome to our dedicated news page for Lamb Weston Holdings (Ticker: LW), a resource for investors and traders seeking the latest updates and insights on Lamb Weston Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lamb Weston Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lamb Weston Holdings's position in the market.

Rhea-AI Summary
Lamb Weston Holdings, Inc. (LW) reported third-quarter fiscal 2024 results with a 16% increase in net sales to $1.46 billion, impacted by a new ERP system transition. Income from operations declined 16% to $224 million, while net income and diluted EPS both dropped 17% to $146 million and $1.01, respectively. Adjusted metrics also saw declines, with Adjusted Net Income down 18% to $175 million and Adjusted Diluted EPS down 18% to $1.20. The company paid $40 million in cash dividends to shareholders and updated its fiscal 2024 outlook with net sales expected to range from $6.54 billion to $6.60 billion, and adjusted EBITDA between $1,480 million to $1,510 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.37%
Tags
-
Rhea-AI Summary
Lamb Weston Holdings, Inc. (NYSE: LW) announces a quarterly dividend of $0.36 per share of common stock, payable on May 31, 2024. Stockholders of record as of May 3, 2024, will receive the dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
dividends
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Rhea-AI Summary
Lamb Weston Holdings, Inc. (NYSE: LW) will release its fiscal third-quarter 2024 financial results on April 4, 2024. A conference call will follow to discuss the results, accessible via phone or internet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
Rhea-AI Summary
Lamb Weston Holdings, Inc. (NYSE: LW) reported strong financial results for the second quarter of fiscal 2024. Net sales increased by 36% to $1,732 million, and net income surged by 109% to $215 million. Adjusted EBITDA also increased by 15% to $377 million. The company reaffirmed its net sales target of $6.8 billion to $7.0 billion for fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
-
Rhea-AI Summary
Lamb Weston Holdings, Inc. (NYSE: LW) declares a 29% increase in quarterly dividend to $0.36 per share of common stock, demonstrating commitment to capital allocation strategy. President and CEO Tom Werner highlights the company's strong track record of delivering returns for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
dividends
-
Rhea-AI Summary
Lamb Weston Holdings, Inc. (NYSE: LW) will report its fiscal second quarter 2024 financial results on January 4, 2024. A conference call will be held to discuss the results, with access for participants in the U.S. and Canada by dialing 888-204-4368 and participants outside the U.S. and Canada by dialing 1-323-994-2093. The conference call may also be accessed live on the internet. A rebroadcast of the conference call will be available on January 5, 2024, after 2:00 p.m. EST at https://investors.lambweston.com/events-and-presentations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
Rhea-AI Summary
Lamb Weston Holdings, Inc. celebrates the grand opening of its new processing facility in Ulanqab, Inner Mongolia, China. The facility has the capacity to produce 250 million pounds of frozen potato products annually and will help meet growing customer demand in the region. The company invested $250 million in the facility, creating over 240 jobs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
none
-
Rhea-AI Summary
Lamb Weston Holdings highlights progress against growth initiatives, updates financial targets, reaffirms outlook, and increases share repurchase authorization
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.7%
Tags
buyback
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Rhea-AI Summary
Lamb Weston Holdings announces Q1 fiscal 2024 results and raises full-year earnings targets
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.02%
Tags
Rhea-AI Summary
Lamb Weston Holdings declares a quarterly dividend of $0.28 per share of common stock, payable on Dec. 1, 2023 to stockholders of record as of Nov. 3, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
dividends
Lamb Weston Holdings Inc

NYSE:LW

LW Rankings

LW Stock Data

11.52B
143.40M
0.7%
91.96%
2.63%
Frozen Fruit, Juice, and Vegetable Manufacturing
Manufacturing
Link
US
Eagle

About LW

lamb weston is a leading supplier of frozen potato, sweet potato, appetizer, and vegetable products to restaurants and retailers around the world. for more than 60 years, lamb weston has led the frozen potato industry in innovation, introducing inventive products for our customers. lamb weston products can be found in more than 100 countries around the world. the business is headquartered in eagle, idaho, with manufacturing operations focused in the pacific northwest, primarily in the world’s best potato-growing region, the columbia river basin. lamb weston employs more than 6,000 people around the world in sales offices, manufacturing plants, and corporate offices.