1436 ET - Lamb Weston Holdings is considering a recipe change. The French-fry maker has tapped advisory firm AlixPartners to evaluate ways to create value and cost savings opportunities. While F3Q results showed signs of improvement, the company is still early in a turnaround navigating soft restaurant traffic, tariff implications, and criticism from activist investor Jana Partners. Executives on an analyst call say everything is on the table, including the markets it operates in. They add that it's about improving the fundamentals of the business, getting it back on track and making sure it delivers for customers and shareholders. Lamb Weston jumps 10%. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
April 03, 2025 14:36 ET (18:36 GMT)
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