Lamb Weston Stock Jumps 10% as Jana Partners Acquires Strategic Stake [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
LW jumped 10.2% on Friday, as sources revealed that Jana Partners acquired a 5% stake in the frozen potato product maker, and may drive the company to consider strategic alternatives. This came soon after Lamb Weston announced a restructuring plan and its first-quarter fiscal 2025 results earlier this month, wherein the top and bottom lines declined year over year. At the earnings release, management also curtailed its adjusted earnings per share (EPS) guidance for the fiscal, reflecting ongoing challenges in its core markets. Lamb Weston's Key Challenges At its first-quarter fiscal 2025 earnings call, management noted that restaurant traffic and frozen potato demand remain soft compared with supply. According to data from restaurant industry providers, Lamb Weston observed a slowdown in restaurant traffic during the first quarter. U.S. restaurant traffic, including the key quick-service restaurant (QSR) sector, declined by 2% year over year, with QSR chains specializing in hamb
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LW alerts
High impacting Lamb Weston Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
LW
News
- Lamb Weston Holdings, Inc. (NYSE: LW) had its price target raised by analysts at Stifel Nicolaus from $65.00 to $80.00. They now have a "hold" rating on the stock.MarketBeat
- Lamb Weston Holdings, Inc. (NYSE: LW) had its price target raised by analysts at Citigroup Inc. from $76.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- Activist investor Jana Partners grabs stake in Lamb Weston [Yahoo! Finance]Yahoo! Finance
- Fries With That? Why Lamb Weston Is A Hot Buy Despite Short-Term Headwinds [Seeking Alpha]Seeking Alpha
- Jana Partners Takes Stake in Lamb Weston [Yahoo! Finance]Yahoo! Finance
LW
Earnings
- 10/1/24 - In-Line
LW
Sec Filings
- 10/31/24 - Form 144
- 10/18/24 - Form SC
- 10/18/24 - Form SC
- LW's page on the SEC website