Lamb Weston Holdings Inc
LW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^? | LOCK|@gjPM | LOCK|p# |
Lamb Weston Has Recovered From ERP Woes, but Operating Environment Remains Very Challenging
Business Strategy and Outlook
Lamb Weston offers investors pure-play exposure to the frozen potato market as North America’s largest producer (more than 40% share), followed by McCain Foods (30%), J.R. Simplot (20%), and Cavendish Farms (7%-8%), though it trails McCain globally. The firm primarily sells french fries to restaurants. Despite its niche focus, we view frozen potatoes as boasting robust demand growth.
