Lamb Weston Beats Expectations, Projects Strong Year
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Lamb Weston Holdings, a leading frozen foods supplier, reported robust fiscal second-quarter earnings, surpassing analyst expectations. With a net income of $62.1 million, or $0.44 per share, and adjusted earnings of $0.69 per share, the company outperformed the predicted $0.67 per share. Revenue also exceeded forecasts, reaching $1.62 billion. Lamb Weston projects full-year revenue between $6.35 billion and $6.55 billion, indicating a strong financial outlook.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
