Lamb Weston Holdings Inc. (LW)

Overview

Lamb Weston Holdings, Inc., established in 1950 and headquartered in Eagle, Idaho, stands as a global leader in the production, distribution, and marketing of frozen potato products. The company's operations are organized into four segments: Global, Foodservice, Retail, and Other, covering a wide array of frozen potato products and other food items. These offerings cater to a diverse clientele, including chain restaurants, wholesale and grocery businesses, mass merchants, club and specialty retailers, businesses, educational institutions, independent restaurants, regional chain restaurants, and convenience stores. Utilizing a comprehensive network comprising internal sales personnel, independent brokers, agents, and distributors, Lamb Weston strives to meet the evolving needs of its global customer base.

Products and Services

• Frozen Potatoes: Lamb Weston offers a wide variety of high-quality frozen potato products, catering to various market segments and customer preferences. These products are made available globally, serving the needs of both the retail and foodservice industries.
• Commercial Ingredients: Apart from frozen potato products, Lamb Weston provides essential commercial ingredients that are used across the food industry. These ingredients include various potato-based products that are integral to numerous food manufacturing processes.
• Appetizers: Expanding beyond potatoes, the company also markets a range of appetizers, which are offered under the Lamb Weston brand and others. These products cater to foodservice operators looking to diversify their menu offerings with high-quality, ready-to-prepare options.
• Owned or Licensed Brands: Lamb Weston markets its products under recognized owned or licensed brands, including Grown in Idaho and Alexia. These brands are synonymous with quality and innovation in the frozen potato product market.
• Retailers' Own Brands: In addition to its own labels, Lamb Weston collaborates with retailers to offer products under the retailers' own brands. This approach allows for greater market penetration and accessibility to a wider range of consumers.
• Vegetable and Dairy Businesses: Moving beyond its core offerings, Lamb Weston has also engaged in the vegetable and dairy sectors, broadening its product portfolio and leveraging its expertise in frozen food production and distribution.