Lamb Weston Boosts FY24 Earnings Outlook - Update

Lamb Weston Boosts FY23 Outlook - Update

While reporting financial results for the second quarter on Thursday, Lamb Weston Holdings, Inc. (LW) raised its earnings, adjusted earnings and net sales guidance for the full-year 2023, based on its financial performance in the first half of fiscal 2023 and broad operating momentum.

RTTNews | 874 days ago

Lamb Weston To Buy Remaining Stake In European JV From Meijer For EUR 700 Mln In Cash, Stock

Lamb Weston Holdings, Inc. (LW) announced Thursday it has entered into an agreement to purchase the remaining equity interests in its European joint venture with Meijer Frozen Foods B.V. for 700 million euros in cash and common stock of Lamb Weston.

RTTNews | 951 days ago

Lamb Weston Guides FY23 Earnings In Line As Q4 Results Top Estimates

While reporting financial results for the fourth quarter on Wednesday, Lamb Weston Holdings, Inc. (LW) initiated its earnings and net sales guidance for the full-year 2023.

RTTNews | 1036 days ago

Canadian Market Slightly Lower; BoM, National Bank Rise On Results

The Canadian market is slightly down on Wednesday with stocks moving in a tight range as investors digest earnings updates from Bank of Montreal and National Bank of Canada, and await further developments on trade negotiations between the U.S. and its major trading partners.

RTTNews | 19 minutes ago

Kingfisher Q1 Sales Rise, Says Confident Of FY25 View; But Stock Down

Home improvement retailer Kingfisher Plc reported Wednesday higher sales in its first quarter, benefited by improved results in UK & Ireland. Meanwhile, sales in France and Poland declined, and the company maintained its fiscal 2025 outlook. On the London Stock Exchange, Kingfisher shares were losing around 3.5 percent.

RTTNews | 3h 47min ago

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Wednesday morning with investors tracking global cues and reacting to earnings from major Canadian banks. Investors are also awaiting earnings update from U.S.

RTTNews | 4h 0min ago

FTSE 100 Down Marginally

UK stocks are marginally down in lackluster trade on Wednesday as investors look for directional clues after recent gains following U.S. President Donald Trump deciding to pause the recently announced 50% tariffs on imports from EU, paving the way for further trade negotiations.

RTTNews | 4h 49min ago

German Unemployment Rises More Than Expected

Joblessness in Germany increased more than expected in May as a weak economy continued to impede job creation, official data revealed on Wednesday. The number of unemployed increased sharply by 34,000 in May compared to April's rise of 6,000, the Federal Employment Agency said. Economists expected a monthly increase of 12,000.

RTTNews | 4h 53min ago

EURUSD	1.12937	GBPUSD	1.34698	AUDUSD	0.64201
USDJPY	145.013	USDCAD	1.38197	USDCHF	0.82751

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Lamb Weston Boosts FY24 Earnings Outlook - Update