Lamb Weston Unbothered by Tariffs as 3Q Earnings Beat Consensus -- Market Talk

Dow Jones

Apr 03, 2025

1145 ET - Lamb Weston is dealing with a turnaround, an activist investor and softening consumer demand -- but the french-fry maker isn't too worried about tariffs. CFO Bernadette Madarieta tells investors that french fries made in its Canadian processing plant are exempt from Trump's tariffs, as they comply with the USMCA trade agreement. Lamb Weston sources 5% of its inputs, including edible oils and natural gas, from Canada -- but those will also be exempt, Madarieta said. Potential retaliatory tariffs from countries around the world could impact its exports. A rise in fiscal third-quarter sales beat Wall Street expectations, lifting shares 6.7%, though they remain down more than 42% over the past year. (owen.tucker-smith@wsj.com)

(END) Dow Jones Newswires

April 03, 2025 11:46 ET (15:46 GMT)

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CFO Bernadette Madarieta tells investors that french fries made in its Canadian processing plant are exempt from Trump's tariffs, as they comply with the USMCA trade agreement. Lamb Weston sources 5% of its inputs, including edible oils and natural gas, from Canada -- but those will also be exempt, Madarieta said. Potential retaliatory tariffs from countries around the world could impact its exports. A rise in fiscal third-quarter sales beat Wall Street expectations, lifting shares 6.7%, though they remain down more than 42% over the past year. (owen.tucker-smith@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 11:46 ET (15:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lamb Weston Unbothered by Tariffs as 3Q Earnings Beat Consensus -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLamb Weston Unbothered by Tariffs as 3Q Earnings Beat Consensus -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-03 23:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1145 ET - Lamb Weston is dealing with a turnaround, an activist investor and softening consumer demand -- but the french-fry maker isn't too worried about tariffs. CFO Bernadette Madarieta tells investors that french fries made in its Canadian processing plant are exempt from Trump's tariffs, as they comply with the USMCA trade agreement. Lamb Weston sources 5% of its inputs, including edible oils and natural gas, from Canada -- but those will also be exempt, Madarieta said. Potential retaliatory tariffs from countries around the world could impact its exports. A rise in fiscal third-quarter sales beat Wall Street expectations, lifting shares 6.7%, though they remain down more than 42% over the past year. (owen.tucker-smith@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 11:46 ET (15:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LW","symbol_name":"Lamb Weston Holdings, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524603532","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524603532","pubTimestamp":1743695160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1145 ET - Lamb Weston is dealing with a turnaround, an activist investor and softening consumer demand -- but the french-fry maker isn't too worried about tariffs. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LW":"Lamb Weston Holdings, Inc."},"translate_title":"兰姆韦斯顿(Lamb Weston)第三季度盈利超出市场预期，不受关税影响——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LW":0.9},"content_text":"1145 ET - Lamb Weston is dealing with a turnaround, an activist investor and softening consumer demand -- but the french-fry maker isn't too worried about tariffs. CFO Bernadette Madarieta tells investors that french fries made in its Canadian processing plant are exempt from Trump's tariffs, as they comply with the USMCA trade agreement. Lamb Weston sources 5% of its inputs, including edible oils and natural gas, from Canada -- but those will also be exempt, Madarieta said. Potential retaliatory tariffs from countries around the world could impact its exports. A rise in fiscal third-quarter sales beat Wall Street expectations, lifting shares 6.7%, though they remain down more than 42% over the past year. (owen.tucker-smith@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 03, 2025 11:46 ET (15:46 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}