Lamb Weston - An American Food Processing Company

Stocks_Pedia
2022-11-03

Hey, this is Stocks_Pedia.

I would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I’m going to introduce is $Lamb Weston Holdings, Inc.(LW)$ .

It went public on 31st October 2016.

​[Company Profile]

Lamb Weston Holdings, Inc. is a global producer, distributor, and marketer of value-added frozen potato products.

The Company's Global segment includes frozen potato products sold in North America and international markets generally to the North American based restaurant chains and international customers comprised of global and regional quick service and full-service restaurant chains, foodservice distributors, and retailers.

The Foodservice segment includes frozen potato products sold throughout the United States and Canada to commercial distributors, restaurant chains generally outside the North American-based restaurant chains, and non-commercial channels.

The Retail segment includes consumer-facing frozen potato products sold primarily to grocery, mass merchants, clubs, and specialty retailers.

The Other segment primarily includes its vegetable, and dairy businesses, as well as unrealized mark-to-market adjustments associated with commodity hedging contracts.

[History & Events]

2022: Lamb Weston Holdings, Inc. has entered an agreement to purchase the remaining equity in its European joint venture with Meijier Frozen Foods BV for more than $680 million.

[Main Business Segments]​​

​​​​​​​​[Net Income & Total Revenue]​​

​​​​​​[Competitors]

Mccain Foods USA

Schreiber Foods

$Dole plc(DOLE)$

$METCASH LIMITED(MTS.AU)$

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