Eagle, Idaho-based Lamb Weston Holdings, Inc. (LW) engages in the production, distribution, and marketing of frozen potato products. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. With a market cap of $9.6 billion, Lamb Weston’s operations span the United States, Canada, Mexico, and internationally. The packaged foods giant is expected to announce its Q1 earnings after the market closes on Tuesday, Oct. 1.
Ahead of the event, analysts expect Lamb Weston to report a profit of $0.73 per share, down 55.2% from $1.63 per share reported in the year-ago quarter.
