NYSE:LWFood
Starboard Presses Lamb Weston For Clearer Targets And Cost Discipline
Starboard Value, a major shareholder in Lamb Weston Holdings (NYSE:LW), has publicly urged the company to reset its strategy.
The activist investor is calling for an investor day, clearer earnings targets, and tighter cost control.
Starboard argues that these steps are needed to rebuild management credibility and sharpen execution.
Lamb Weston is a large frozen potato products supplier, with customers that range from global restaurant chains to retail grocery channels. The company sits at...