The Idaho-based supplier of frozen potato, sweet potato, appetizer and vegetable products said earnings fell more than 70% from the year-earlier period.
Lamb Weston was the worst-performing stock in the S & P 500 on Wednesday on the back of disappointing quarterly results. The Idaho-based supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants said fully diluted earnings per share fell more than 70% from the year-earlier period. The company also provided an outlook that missed the mark.
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