Meet Washington's newest billion dollar industry. But it just got a gutpunch [Yahoo! Finance]
Lamb Weston Holdings, Inc. (LW)
Last lamb weston holdings, inc. earnings: 4/1 08:30 am
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Source: Yahoo! Finance
It put a damper on news that the state's fifth largest agricultural product just hit a major milestone. Washington potato sales topped $1 billion last year. That's a first, according to a new report released by the U.S. Department of Agriculture's National Agricultural Statistics Service. The figure represents a 66% gain in just two years. Lamb Weston Holdings Inc., based in Eagle, Idaho, is a big part of the trend as Washington's largest buyer of potatoes. It stopped processing potatoes at the Connell plant on Monday. The company informed employees, investors and the public of the news on Oct. 1 in its quarterly earnings statement to the U.S. Securities an Exchange Commission, which showed net income fell 46%. Lamb Weston's restructuring plan included closing the Connell plant, curtailing production in North America and trimming $100 million in capital spending. It does not appear to affect other processing plants in the region. The Connell shutdown is permanent and me
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News
- Lamb Weston Holdings, Inc. (NYSE: LW) had its price target raised by analysts at Barclays PLC from $70.00 to $74.00. They now have an "overweight" rating on the stock.MarketBeat
- Lamb Weston Holdings, Inc. (NYSE: LW) had its price target raised by analysts at Citigroup Inc. from $75.00 to $76.00. They now have a "buy" rating on the stock.MarketBeat
- Lamb Weston Holdings, Inc. (NYSE: LW) had its price target raised by analysts at Wells Fargo & Company from $70.00 to $77.00. They now have an "overweight" rating on the stock.MarketBeat
- Lamb Weston Holdings, Inc. (NYSE: LW) had its price target raised by analysts at Stifel Nicolaus from $60.00 to $65.00. They now have a "hold" rating on the stock.MarketBeat
- Why Lamb Weston Holdings Stock Was a Winner on Wednesday [Yahoo! Finance]Yahoo! Finance
LW
Earnings
- 10/1/24 - In-Line
LW
Sec Filings
- 10/4/24 - Form 3
- 10/2/24 - Form 10-Q
- 10/2/24 - Form 8-K
- LW's page on the SEC website