December 19, 2024
Lamb Weston ( LW ) is out of the frying pan and into the deep frier as shares of the frozen food company tank by over 20% in Thursday's session. The french fry maker missed fiscal second quarter earnings estimates while it cut its full-year 2025 guidance and replaced CEO Thomas Werner with its COO Michael Smith.
Market Domination's Julie Hyman and Josh Lipton report on the latest developments surrounding Lamb Weston.
Post Holdings ( POST ) was recently exploring a potential deal with Lamb Weston , before ultimately acquiring Potato Products of Idaho.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here .
This post was written by Luke Carberry Mogan .