BUZZ - Market Dynamics: Analysts are increasingly optimistic about Lamb Weston’s outlook
路透社2026/10/07 13:46On October 7th, Lamb Weston (LW.N) raised its annual sales and profit forecasts on Tuesday, citing sustained strong demand for frozen potato products from fast-food restaurants, after the company outperformed expectations in the first quarter. The median target price from 13 brokerages is $55—data compiled by LSEG. The North American market drove the better-than-expected results. Jefferies (maintains "Buy" rating; target price: $60) highlighted that Lamb Weston's growth momentum in North America remains strong, thanks to new customer acquisition, expansion in faster-growing chicken quick-service chains, and improved pricing levels. Additionally, due to potato crop reduction, plant closures, and tightening supply, the European market is improving, boosting international business profit margins. TD Cowen ("Hold," target price: $52) noted that stronger-than-expected North American performance and confidence in contract pricing have eased market concerns regarding freight costs and weakened customer traffic from restaurant clients like McDonald's (MCD.N). Morningstar stated that crop failures in Europe might help rebalance the oversupplied market; despite the recent stock rebound, the share is still considered undervalued. (For the convenience of non-English speakers, Reuters uses automated translation for its reports in several other languages. As automated translations may be inaccurate or contextually inappropriate, Reuters does not guarantee the accuracy of the translated texts and provides them for reader convenience only. Reuters assumes no responsibility for any damages or losses resulting from the use of automated translations.)
October 7 - ** Lamb Weston LW.N raised its annual sales and profit forecasts on Tuesday (link), attributing the improvement to strong demand for frozen potato products from fast food chains, as the company’s first-quarter results surpassed expectations.
** Median target price from 13 brokerages: 55 US dollars—Data compiled by LSEG
North American market drives better-than-expected results
** Jefferies (maintains "Buy" rating, target price: 60 US dollars) notes that Lamb Weston’s growth momentum in North America remains strong, propelled by new customer acquisition, expansion into faster-growing chicken fast-food chains, and improved pricing levels.
** In addition, due to reduced potato output, factory shutdowns, and tightening supply, the European market situation is improving, which is boosting international business profit margins.
** TD Cowen (“Hold”, target price: 52 US dollars) states that better-than-expected North American performance and confidence in contract pricing have eased concerns over freight costs and weak traffic from restaurant customers such as McDonald’s MCD.N.
** Morningstar says the European crop shortfall could help rebalance an oversupplied market; even after the stock has rebounded, it still considers the stock undervalued.
(To facilitate those whose first language is not English, Reuters has automated the translation of its reporting into several other languages. Because automated translation may contain errors or may not capture the intended context, Reuters does not guarantee the accuracy of the translated text and provides it for readers’ convenience only. Reuters accepts no responsibility for any damage or loss arising from use of the automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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BUZZ - Preview: Levi's shares decline, market focuses on high-end jeans sales
On Wednesday, October 7, Levi Strauss (LEVI.N) shares fell 4.3% to $19.65 ahead of the company's quarterly earnings release after the market close. With consumer spending becoming more cautious, investors are closely watching the company's progress in entering the premium jeans market. According to data from the London Stock Exchange Group (LSEG), the apparel manufacturer—known for its jeans and casual wear—is expected to report third-quarter revenue growth of about 5% year-on-year to $1.62 billion, with adjusted earnings per share at $0.36, higher than last year's $0.34. Last quarter, the company raised its annual sales forecast, betting that its premium jeans would attract high-income consumers, though its earnings outlook disappointed some investors. Jefferies, in a preview report, anticipated the third-quarter results would be "solid" given strong demand for jeans, and pointed out that the appointment of a new chief financial officer signals continued focus on future global growth. On September 30, Levi's announced the appointment of John Vandemore as chief financial officer, effective November 1, 2026; Vandemore previously worked at Skechers, where he served as corporate controller and led the global finance team for the past nine years. In response to this news, Levi's shares have declined about 5% year-to-date and approximately 20% over the past 12 months. Out of 16 brokerage firms, 13 rate the stock as "strong buy" or "buy," while 3 have it as "hold"; the median target price remains at $27, unchanged over the last three months.
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