2.2% Yield.LW holds #1 market share in North America, and #2 for the rest of the world for frozen-potato products.Dominance in the frozen-potato product market, being the provider for French-fries for customers such as McDonalds, Chic Fil A, Arby’s and Sonic.Transitioning to a volume-focused growth strategy rather than pricing-focused.Expects headwinds in restaurant traffic to begin to alleviate in the middle of 2025.Investment Thesis $Lamb Weston Holdings, Inc.(LW)$ is a consumer-staples company specializing in the production of frozen-potato products. Across 27 factories and in more than 100 countries, LW holds #1 market share in North America, and #2 for the rest of the world.As consumer finances have become strained, we believe that consumers wi
BellRing (NYSE:BRBR) Q2 wins boost full year outlook surge
BellRing Brands (NYSE:BRBR) announced its results for the second fiscal quarter ended March 31, 2024, witnessing a robust performance that has notably led to an upward revision of its full-year outlook. The company reported significant gains with second-quarter net sales reaching $494.6 million, and an operating profit of $91 million. Net earnings stood at $57.2 million, with adjusted EBITDA hitting $103.7 million. These positive figures have prompted BellRing to elevate its fiscal year 2024 net sales forecast to between $1.93 billion and $1.99 billion, and its adjusted EBITDA expectations to $400-$420 million. Full story:
Top Calls on Wall Street: Tesla, Coinbase, Apple, Microsoft, Alphabet, Roku & More
Here are Wednesday’s biggest calls on Wall Street:Needham upgrades TransUnion to buy from holdNeedham upgraded the stock after its earnings report Tuesday.“We came away most impressed with $TRU(TRU)$’s ability to maintain the FY23 guide despite macro uncertainty, while also reaffirming investors that M&A is on the back-burner and that excess cash will be used to prepay debt.”BMO upgrades Microsoft to outperform from market performBMO upgraded the tech giant after its earnings report Tuesday and said it sees support for “longer-term growth.”“We downgraded $MSFT(MSFT)$ last quarter due to concerns about Azure growth in the near/medium term. We are upgrading the stock to Outperform due to higher convictio
BellRing Brands, Inc. manufactures and sells nutrition products in the United States and internationally. It offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, and nutrition bars and supplements. The company provides its products primarily under the Premier Protein, Premier Nutrition, Dymatize, PowerBar, Bell Ring, Joint Juice, and Supreme Protein brands. It sells its products through a network of channels, including club, food, drug, mass, convenience, specialty, and eCommerce; and through a broker network for customers in the convenience, grocery, and mass channels, and through distributors for the specialty channel. The company was founded in 2019 and is headquartered in Saint Louis, Missouri. BellRing Brands, Inc. is a subsidiary of Post Holdings, Inc.
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Employee Stock Ownership
Form S-8 - Securities to be offered to employees in employee benefit plans