BOCA RATON, Fla., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Saxena White P.A. has filed a securities fraud class action lawsuit (the "Class Action") in the United States District Court for the District of Idaho against Lamb Weston Holdings, Inc. ("Lamb Weston" or the "Company") (NYSE: LW) and certain of its executive officers (collectively, "Defendants"). The Class Action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and U.S. Securities and Exchange Commis ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Lamb Weston To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 investing in Lamb Weston stock or options between July 25, 2023 and April 3, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: w ...

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lamb Weston Holdings, Inc. ("Lamb Weston" or the "Company") (NYSE: LW). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4- POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Lamb Weston and cer ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Lamb Weston To Contact Him Directly To Discuss Their Options. According to the Complaint, Defendants made numerous material misrepresentations and omissions regarding the design and implementation of Lamb Weston's new ERP system. Specifically, throughout the Class Period, Defendants represented that, through the design of the Company's new ERP system, Lamb Weston had "strengt ...

The subsequent market rout pushed Lamb Weston's share price down a queasy 32% week-to-date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. The bears pounce Among the downgraders was TD Cowen's Robert Moskow, who wrote in a research note, "The thesis we laid out last year regarding tight potato processing industry capacity utilization, strong pricing power, and LW enhancing its mix by walking away from unprofitable business did not play out." Speaking of expectations ...

文章核心观点 - 该文章是关于Lamb Weston Holdings公司在实施新的企业资源规划(ERP)系统时遇到的问题 [4][5][6] - 公司在2023年11月过渡到新的ERP系统,但该系统存在问题,导致公司在2024财年第三季度损失超过1.3亿美元销售额,并将全年销售指引下调3.3亿美元 [6] - 投资者可以在2024年8月12日之前申请成为该集体诉讼的首席原告 [1][7] 公司相关 - Lamb Weston是一家食品加工公司,是大型冷冻土豆产品生产商 [4] - 公司在2023年11月过渡到新的ERP系统,但该系统存在问题,导致公司业务和运营受到重大负面影响 [5] - 公司在2024年4月4日披露了新ERP系统过渡存在重大问题,导致第三季度损失超过1.3亿美元销售额,并将全年销售指引下调3.3亿美元 [6] 投资者相关 - 投资者如果在2023年7月25日至2024年4月3日期间购买了Lamb Weston的普通股股票,可以在2024年8月12日之前申请成为该集体诉讼的首席原告 [1][7] - 作为首席原告,投资者可以选择自己的律师事务所来代理该集体诉讼 [7] - 即使不担任首席原告,投资者也可以从潜在的赔付中获益 [7]

SAN DIEGO, July 26, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers of shares of Lamb Weston Holdings, Inc. (NYSE: LW) common stock between July 25, 2023 and April 3, 2024, inclusive (the "Class Period"), have until August 12, 2024 to seek appointment as lead plaintiff of the Lamb Weston class action lawsuit. Captioned Cleveland Bakers and Teamsters Pension Fund v. Lamb Weston Holdings, Inc., No. 24-cv-00282 (D. Idaho), the Lamb Weston class action lawsuit charges Lamb We ...

The Chart 1.) I am very disappointed with management, especially for having missed by so much and for two quarters in a row. At this point, it would be good to see them eat their own cooking, and the best way for this to happen is if I see multiple insiders buying Lamb Weston shares in a significant way. Let's not forget, this was a stock trading over $100 per share earlier this year, so if management is not interested in buying shares of the company they run, after it basically gets cut in half in a matter ...

文章核心观点 - 公司Lamb Weston Holdings, Inc.在过渡到新的企业资源规划(ERP)软件系统时遇到重大问题,导致第三季度销售额损失1.35亿美元,并将全年销售指引下调3.3亿美元 [4] - 公司股价在此消息公布后下跌超过19% [4] 公司相关内容总结 - Lamb Weston Holdings, Inc.是一家上市公司,股票代码为NYSE: LW [1][3] - 公司在2023年7月25日至2024年4月3日期间的股票交易被认定为证券集体诉讼的时间范围 [1] - 该诉讼案件正在美国爱达荷州地区法院进行 [1] 行业相关内容总结 - 无相关内容

财务数据和关键指标变化 - 第四季度销售额下降5%至16.1亿美元,其中销量下降8%,价格/组合上升3% [29][31] - 调整后毛利下降7200万美元至3.63亿美元,主要由于销量下降和折旧费用增加 [33] - 第四季度毛利率约23%,低于27%的目标约400个基点,其中250个基点与自愿产品召回有关 [34] - 调整后EBITDA下降5000万美元至2.83亿美元,主要由于销售和毛利下降,部分被销售费用下降抵消 [36][37] 各条业务线数据和关键指标变化 - 北美业务销售额下降4%至12.1亿美元,销量下降7%,其中5个百分点来自市场份额损失,2个百分点来自餐饮流量疲软 [38][39] - 国际业务销售额下降7%至5.1亿美元,销量下降9%,其中5个百分点来自战略性退出某些低价低毛利业务 [40][41] 各个市场数据和关键指标变化 - 美国餐饮流量在第四季度下降约3%,其中以汉堡为主的快餐连锁店下降超过4% [18] - 欧洲主要市场餐饮流量总体稳定,法国和意大利有所上升,德国和西班牙略有下降,英国下降约2% [20] - 中国和日本餐饮流量有所增长 [20] 公司战略和发展方向及行业竞争 - 公司认为冷冻土豆是一个有吸引力的增长全球品类,并已建立了良好的基础来服务客户 [12] - 公司正在采取一系列措施来提高执行力和竞争力,包括匹配产品和价格、利用限时优惠和创新、投资价格和促销支持、提高供应链生产力等 [14][15] - 公司认为行业供需失衡将持续到2025财年的大部分时间 [13][46] 管理层对经营环境和未来前景的评论 - 管理层对餐饮流量持谨慎态度,预计在2025财年上半年仍将疲软,下半年有望逐步改善 [21][48] - 管理层认为这种餐饮流量下降是前所未有的持续时间,对公司的指引产生了影响 [13][73] 其他重要信息 - 公司将继续推进产能扩张项目,但会调整未来投资以更好匹配需求环境 [54][55] - 公司2025财年资本支出预计为8.5亿美元,较2024财年有明显下降 [54][55] 问答环节重要的提问和回答 问题1 **Andrew Lazar 提问** 询问公司产能利用率和行业供需失衡的具体情况 [63] **Bernadette Madarieta 回答** 公司不愿透露具体产能利用率,但表示正在逐步提升新建产能的利用率,同时也在评估调整现有产能 [64][65] 问题2 **Tom Palmer 提问** 询问公司在北美的土豆采购情况和是否存在减值风险 [89][90] **Tom Werner 回答** 公司根据预测提前18-20个月与农户签订土豆采购合同,会谨慎管理,并将在第一季度报告时提供更新 [91][92] 问题3 **Adam Samuelson 提问** 询问公司是否会考虑关闭老旧产能而不是继续投资 [94][96][97] **Tom Werner 回答** 公司正在评估所有领域,包括资产利用率,如果餐饮流量持续疲软,会考虑相应调整