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Stock impact report

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Lamb Weston Holdings, Inc. (LW) Investors

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: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the District of Idaho on behalf of those who acquired Lamb Weston Holdings, Inc. (“Lamb Weston” or the “Company”) (NYSE: LW) securities during the period of July 25, 2023 through April 3, 2024, inclusive (“the Class Period”). Investors have until August 12, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.[Click here to learn more about the class action]On April 4, 2024, Lamb Weston reported its financial results for its fiscal third quarter 2024 and disclosed significant problems with its transition to its new Enterprise Resource Planning (ERP) software system. Those problems caused Lamb Weston to lose over $130 million in sales during the third quarter. The unsuccessful ERP transition resulted in Lamb Weston’s “reduced visibility into finished goods inventory at [ ] distribution centers,” which negatively im Show less Read more
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