Lamb Weston Is One Hot Potato
Lamb Weston Rockets Higher On Earnings StrengthLamb Weston (NYSE:LW) has been struggling with growth and it still is. The Q3 results were mixed at best and driven by pricing actions intended to offset the impacts of higher potato costs, higher freight costs, and systemic disruptions that are cutting into results. The good news is that margins and earnings are exceeding expectations and fueling the dividend. The bad news is we might be in a situation in which the company is robbing itself of future income. Conagra Brands reported a similar quarter minus the margin gains and reports volume sales...