Headquartered in Eagle, Idaho, Lamb Weston Holdings, Inc. (LW) is a leading global supplier of frozen potato products to restaurants and retailers. Valued at a market cap of $8.9 billion, the company is renowned for its diverse product lineup, including fries, mashed potatoes, and various other potato-based offerings.
Shares of this leading packaged food manufacturer have underperformed the broader market considerably over the past year. LW has plummeted 34.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.1%. In 2024, LW’s stock fell 42.8%, compared to the SPX’s 17.3% rise on a YTD basis.
