Barclays Starts Lamb Weston (LW) at Overweight

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Go back to Barclays Starts Lamb Weston (LW) at Overweight

Lamb Weston Completes Separation from Conagra Brands

November 10, 2016 7:30 AM EST

EAGLE, Idaho--(BUSINESS WIRE)-- Lamb Weston Holdings, Inc. (NYSE: LW) announced today that it has completed the previously announced spinoff from Conagra Brands, Inc. (formerly ConAgra Foods, Inc.).

Lamb Weston is well positioned to continue to drive growth and capture share in the global frozen potato market, said Tom Werner, Chief Executive Officer of Lamb Weston. As an independent, pure play company, were better able to sharpen our focus on what we do best to create shareholder value over the long term.

At 11:59 p.m. ET on Nov. 9, 2016, Conagra Brands distributed all... More