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Lamb Weston Expects To Record Most Of Restructuring Costs In Q2



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Oct 2 (Reuters) -Lamb Weston Holdings Inc LW.N:

  • LAMB WESTON EXEC SAYS CLOSING CONNELL, WASHINGTON FACILITY REDUCES TOTAL NORTH AMERICA CAPCITY BY MORE THAN 5% - CONF CALL

  • LAMB WESTON EXEC EXPECTS EUROPEAN POTATO CROP IN THE AGGREGATE TO BE ALIGNED WITH HISTORICAL AVERAGES

  • LAMB WESTON EXEC EXPECTS POTATO CROP IN NORTH AMERICA TO BE SLIGHTLY ABOVE AVERAGE

  • LAMB WESTON EXEC EXPECTS FURTHER WORKING CAPITAL IMPROVEMENTS DURING THE BALANCE OF THE YEAR ON EXECUTION OF RESTRUCTURING PLAN

  • LAMB WESTON EXEC EXPECTS TO RECORD MOST OF RESTRUCTURING COST IN Q2

  • LAMB WESTON EXEC EXPECTS TO GENERATE $55 MILLION OF SAVINGS FROM MANUFACTURING, SUPPLY CHAIN AND SG&A EXPENSES FROM RESTRUCTURING PLAN FOR FULL YEAR

Further company coverage: LW.N


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