Lamb Weston Reaffirms FY25 Net Sales Outlook Of $6.6B - $6.8B (Est $6.615B), Revises Adjusted EPS Target To $4.15 - $4.35 (Est $4.48)
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Lamb Weston has reaffirmed its FY25 net sales outlook but revised its adjusted EPS target downward. The company has also reduced its GAAP net income, adjusted net income, and capital expenditures targets.
October 01, 2024 | 9:38 pm
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Lamb Weston reaffirmed its FY25 net sales outlook but revised its adjusted EPS target downward. The company also reduced its GAAP net income, adjusted net income, and capital expenditures targets.
Lamb Weston's revision of its adjusted EPS target downward and reduction in GAAP net income and capital expenditures targets suggest potential financial challenges or strategic shifts. This could lead to a negative short-term impact on the stock price as investors may react to the lowered financial expectations.
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