BUZZ-Lamb Weston rises after upbeat first-quarter results
Reuters
Sep 30
BUZZ-<a href="https://laohu8.com/S/LW">Lamb Weston</a> rises after upbeat first-quarter results
** Shares of frozen potato products maker Lamb Weston LW.N up ~6% at $59.17 premarket
** Reports Q1 net sales of $1.66 billion vs. estimates of $1.62 billion - data compiled by LSEG
** International segment sales rose 4%, offsetting a 2% decline in North America segment sales
** Q1 adj. EPS of 74 cents beat expectations of 55 cents
** Co also reaffirms fiscal 2026 net sales and adj. EBITDA forecasts
** Up to last close, stock has fallen 16.7% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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