Activist investor Starboard Value is demanding Lamb Weston double its cost-cutting targets as it argues the frozen french fry maker is overly burdened by operating expenses compared to its peers.

Starboard Value is pushing the company to speed up improvements and cost cutting to boost its underperforming stock.

(Corrects paragraph 6 to say Jana Partners received a big presence on Lamb Weston's board) March 8 (Reuters) - Activist ...

BOISE – An activist investment partnership just scored a victory in its effort to shake up a struggling Idaho french-fry maker. First, the investment group built a stake in the company. Then it forced ...

Shares of French fry company Lamb Weston plunged to multiyear lows today, hit by a downbeat quarter and year-ahead outlook. People are still buying fries at restaurants, the company said, but they're ...

A major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO after posting a surprise loss in the second quarter as consumers pull back on the money ...

It’s a tough time for the Boise-area french-fry maker that says it is the No. 1 supplier of “value-added” potato products in North America. Lamb Weston Holdings Inc. is eliminating jobs, slashing $100 ...

Lamb Weston is naming a new CEO as the frozen french fry maker moved to a loss in its second quarter and trimmed its fiscal 2025 forecast. Shares tumbled more than 18% before the market open on ...

Two Phoenix favorites, Novel Ice Cream and Frites Street, are collaborating to create a French fry ice cream in honor of National French Fries Day and National Ice Cream Day. Here in Phoenix, Sweet ...

FARGO - I'm a bit of a sucker for "as seen on TV" products that promise to make my life easier. So after I saw a commercial for Natural Cut for Perfect Fries one-step French fry cutter, I made a point ...

Many restaurants you go to have french fries on the menu. That’s because Americans love their fries. If you can’t get enough of those tasty taters, you might want to consider buying a french fry ...