Lamb Weston: The Market Is Still Missing The Turnaround Story
Lamb Weston Holdings, Inc. continues to be viewed as a Buy due to its ongoing turnaround efforts and cost-saving measures. The company's Q3 FY26 results showed volume gains that helped counteract price declines, leading to improved sales and EBITDA guidance. Additionally, significant reductions in capital expenditures and a $250 million savings plan are expected to enhance free cash flow.
- ▪Lamb Weston remains a Buy based on its turnaround efforts and cost-saving initiatives.
- ▪The company's Q3 FY26 results indicated volume gains that offset price declines.
- ▪Lamb Weston has raised its FY26 net sales and EBITDA guidance.
- ▪The company is implementing significant CAPEX reductions and a $250 million cost-saving plan.
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