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Lamb Weston Holdings, Inc. (NYSE: LW) announced its results for the third quarter of fiscal 2024 and updated its full year earnings targets for fiscal 2024.
Lamb Weston Holdings, Inc. (NYSE: LW) shares tumbled Thursday, on releasing its results for the third quarter of fiscal 2024. Net sales increased 16% to $1,458 million, including $357 million of incremental sales attributable to the LW EMEA Acquisition. ...
'Net sales up 16 percent versus the prior year quarter'
Lamb Weston Holdings trimmed its annual sales and profit forecasts after missing Wall Street estimates for quarterly results.
The impact of a change of ERP system at Lamb Weston Holdings has led the US potato products group to cut its sales and profit forecasts.