Starboard says the company needs to do more to “catch up” to its peers, such as Tyson and Hormel.
Starboard Value is pushing the company to speed up improvements and cost cutting to boost its underperforming stock.
(Corrects paragraph 6 to say Jana Partners received a big presence on Lamb Weston's board) March 8 (Reuters) - Activist ...
BOISE – An activist investment partnership just scored a victory in its effort to shake up a struggling Idaho french-fry maker. First, the investment group built a stake in the company. Then it forced ...
Shares of French fry company Lamb Weston plunged to multiyear lows today, hit by a downbeat quarter and year-ahead outlook. People are still buying fries at restaurants, the company said, but they're ...
A major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO after posting a surprise loss in the second quarter as consumers pull back on the money ...
It’s a tough time for the Boise-area french-fry maker that says it is the No. 1 supplier of “value-added” potato products in North America. Lamb Weston Holdings Inc. is eliminating jobs, slashing $100 ...
Many restaurants you go to have french fries on the menu. That’s because Americans love their fries. If you can’t get enough of those tasty taters, you might want to consider buying a french fry ...
A major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO after posting a surprise loss in the second quarter as consumers pull back on the money ...
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