Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.00568842921784114 -0.00568842921784114 -0.00568842921784114 -0.00568842921784114
Stock impact report

Activist investor Jana Partners grabs stake in Lamb Weston [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
However, Jana Partners also criticised Lamb Weston for a “litany of self-inflicted missteps” that have resulted in “underperformance for shareholders”. The investor is working with agri-food investor Continental Grain. In the filing, Jana Partners said it plans to hold talks with the Lamb Weston board and management. It listed “core operating deficiencies” in areas including demand planning, potato procurement, pricing strategy and the management of overheads. Lamb Weston's share price jumped on news of Jana Partners' investment, closing on Friday at $78.22, up 10.15% on a day earlier. Just Food has approached Lamb Weston for comment. Earlier this month, Lamb Weston reported fiscal first-quarter financial results that included a 46% drop in group net income. Alongside the publication of those figures, the company slashed its profit targets in light of a restructuring plan that included the permanent closure of a US factory and job cuts Lamb Weston said its Connell facilit Show less Read more
Impact Snapshot
Event Time:
LW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LW alerts
Opt-in for
LW alerts

from News Quantified
Opt-in for
LW alerts

from News Quantified