Lamb Weston May Keep Cutting Prices To Win Back Market Share, But Demand Recovery Remains Uncertain
1. Lamb Weston earnings beat estimates at $1.10 EPS vs $0.87 consensus. 2. Quarterly sales of $1.521 billion surpassed expectations of $1.492 billion. 3. J.P. Morgan reiterates a Neutral rating, slightly raising price forecast to $66. 4. Medium-term risks due to supply-demand imbalance in the French fry market. 5. Potential upside from cost reductions, contracts, and an extra week in FY26.