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News 2026-10-06 14:05 UTC

Lamb Weston lifts annual forecasts, shares jump

Lamb Weston shares jump as much as 9.5% to $48.81, set for their best day since July 2025. The frozen fries supplier raises annual revenue growth forecast to low-single digit rate from prior view of flat to 1% rise and ups fiscal 2027 adj EPS view to $3.05 to $3.35 from $2.95 to $3.25.