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Lamb Weston Holdings Inc: Overview

Lamb Weston Holdings Inc (Lamb Weston) is a manufacturer and marketer of frozen potato products. The company’s product portfolio comprises fries, sweet potato fries, other potato products and appetizers. Lamb Weston offers products in several varieties, including straight, sliced, diced and mashed. The company markets its products under Lamb Weston, Lamb Weston Supreme, Lamb Weston Private Reserve, Lamb Weston Colossal Crisp, Lamb Weston Stealth Fries, Lamb Weston Seasoned, Lamb Weston Crispy on Delivery, and Sweet Things brand names. It distributes products to wholesalers, restaurant chains, mass merchants, grocery and specialty retailers, foodservice distributors, educational institutions, regional chain restaurants, independent restaurants, and convenience stores. The company has operational presence in the US, Australia, China, Mexico, Canada, Singapore and Japan. Lamb Weston is headquartered in Eagle, Idaho, the US.

Headquarters United States of America

Address 599 S Rivershore Ln, Eagle, Idaho, 83616-4979


Telephone 1 208 9381047

No of Employees 8,000

Industry Consumer Packaged Goods

Ticker Symbol & Exchange LW (NYSE)

Revenue (2023) $4.1B -3.2% (2023 vs 2022)

EPS XXX

Net Income (2023) XXX -13.1% (2023 vs 2022)

Market Cap* $14.3B

Net Profit Margin (2022) XXX -10.3% (2023 vs 2022)

* As of and is in US$

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Products and Services

Products Services Brands
Frozen Potato Fries Food Services Lamb Weston
Sweet Potato Fries Lamb Weston Supreme
Appetizers Lamb Weston Seasoned
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In October, the company entered into an agreement to purchase the remaining stake in its European joint venture with Meijer Frozen Foods B.V.
2022 Contracts/Agreements In October, the company entered into an agreement to acquire 50% stake in Lamb Weston-Meijer for US$687.9 million.
2022 Corporate Changes/Expansions In September, the company announced to build a second French fries manufacturing plant in Argentina for US$240 million.
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Competitor Comparison

Key Parameters Lamb Weston Holdings Inc The Kraft Heinz Co Kellogg Co McCain Foods Ltd Agristo NV
Headquarters United States of America United States of America United States of America Canada Belgium
City Eagle Pittsburgh Battle Creek Toronto Harelbeke
State/Province Idaho Pennsylvania Michigan Ontario Flandre Occidentale
No. of Employees 8,000 36,000 31,000 22,000 -
Entity Type Public Public Public Private Private
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Executives
Name Position Board Since Age
Thomas P. Werner Director; Chief Executive Officer; President Executive Board 2016 56
Bernadette M. Madarieta Senior Vice President; Chief Financial Officer Senior Management 2021 47
Eryk J. Spytek Senior Vice President; Chief Compliance Officer; General Counsel Senior Management 2016 54
Gerardo Scheufler Chief Supply Chain Officer; Senior Vice President Senior Management 2019 54
Steven J. Younes Senior Vice President; Chief Human Resources Officer Senior Management 2022 56
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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