Lamb Weston Holdings Inc - Company Profile
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Business Description
Lamb Weston Holdings Inc (Lamb Weston) is a manufacturer, distributor, and marketer of frozen potato, sweet potato, commercial ingredients, vegetable products and appetizers.
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R&D Overview
The R&D arm of Lamb Weston focuses on driving growth through innovation by improving the quality of existing products and developing new and innovative products. The company strives to drive processing innovations to reduce waste, and water usage while enhancing food safety and quality. In FY2023, the company incurred expenses of US$17.2 million on its R&D, which as a percentage of revenue stood at 0.3%.
Business Segments
Overview
Produces, markets and distributes commercial ingredients, frozen potatoes, and appetizers to restaurant chains, commercial distributors, outside the top 100 North American based restaurant chains, and non-commercial channels under the Lamb Weston brand.
Performance
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Overview
Produces and markets frozen potatoes, and appetizers mainly in North America and international markets. Comprises various branded and private label frozen potato products marketed under Lamb Weston brand. Provides products through global and regional quick service and full-service restaurant chains, foodservice distributors, and retailers.
Performance
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Overview
Produces, markets and distributes dairy products. It also provides vegetable products and unrealized mark-to-market adjustments associated with commodity hedging contracts.
Performance
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Overview
Provides branded frozen potato products to various mass merchants, grocery, club, and specialty retailers. Markets its products through owned or licensed brands, such as Grown in Idaho and Alexia.
Performance
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Geographical Segments
Performance
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Performance
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