Lamb Weston Sees Flat Growth as French-Fry Buyers Cut Spending
Guidance·1 article across 1 outlet
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Lamb Weston Holdings Inc., the potato supplier to restaurants including McDonald’s Corp., offered modest guidance for the coming fiscal year. Customers are switching to cheaper products and diners are eating out less frequently.
The company's outlook reflects a challenging environment as consumer spending habits shift, impacting demand for their products.
Lamb WestonMcDonald's
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“Lamb Weston Holdings Inc., the potato supplier to restaurants including McDonald’s Corp., offered modest guidance for the coming fiscal year, with customers switching to cheaper products and diners eating out less frequently.”
Bloomberg — Lamb Weston Sees Flat Growth as French-Fry Buyers Cut Spending