Lamb Weston - Potato Producer Impresses with Strong Numbers and Announces Massive Cost-Cutting Measures!

Business driver: Lamb Weston (LW) is one of the leading suppliers of frozen potato products such as french fries, wedges, chips, croquettes, and mashed potatoes, also offering sweet potato dishes and frozen vegetable specialties. In addition to large supermarket chains, well-known fast-food chains like McDonald's, Burger King, KFC, and Wendy's are part of Lamb Weston's core clientele. In the medium term, the company aims to further optimize its cost structure through restructuring and job cuts, intending to trim the frozen product segment back...