2024-05-11 12:07:26 ET
Summary
- Accounting for 13% of FY2023 sales, Lamb Weston supplies French fries to McDonald's. Quick-serve restaurants generate roughly 50% of revenues.
- Share valuations are sitting in their lowest nominal range since 2017, right after the company began public trading.
- A stable and conservative business model, steady operating growth, strong balance sheet, and better-than-typical dividend yield story are worth serious consideration in portfolio construction.
Representing about 13% of this food company's revenue during the latest fiscal year ended May 2023, Lamb Weston Holdings, Inc. ( LW ) is the global supplier of McDonald's ( MCD ) world-famous French fries. Acknowledged as a favorite food for all types of demographics in many nations, French fries have become a consumer staple on planet earth over the last couple of decades. ...
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Lamb Weston: Buy The French Fry King For Peanuts