Lamb Weston Slumps on Q4 Earnings Miss And Weak FY25 Guidance; Expects Volume Decline Amid Market Challenges
Portfolio Pulse from Nabaparna Bhattacharya
Lamb Weston Holdings, Inc. (NYSE:LW) shares dropped significantly after the company reported disappointing Q4 earnings and issued weak FY25 guidance. The company missed both revenue and earnings estimates, and expects continued challenges in FY25 due to declining volumes and increased expenses.
July 24, 2024 | 2:35 pm
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Lamb Weston Holdings, Inc. reported worse-than-expected Q4 earnings and issued weak FY25 guidance, leading to a significant drop in share price. The company missed revenue and earnings estimates and expects continued challenges in FY25 due to declining volumes and increased expenses.
The company's Q4 earnings miss and weak FY25 guidance indicate significant operational challenges, leading to a sharp decline in share price. Investors are likely to react negatively in the short term due to the expected decline in volumes and increased expenses.
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