The Latest Breaking News from Lamb Weston

The market rally retreated on recession fears this week, with many leaders hit. Tesla tumbled after deliveries. Crude oil soared on an OPEC+ output cut.

Soaring interest rates have pounded most S&P 500 stocks. But a handful are thriving anyway — despite efforts by Fed chief Jay Powell.

The stock market hit resistance for much of the week, but rallied Friday on the jobs report and services data. Tesla and GE were big movers.

It's often feast or famine for S&P 500 investors. And this year, that's literally true.

Lamb Weston is in the buy zone above a flat base after Thursday's breakout.

Lamb Weston reports Q1 earnings Wednesday. Conagra Brands follows on Thursday.

B&G Foods, Inc. (NYSE: BGS) appears to be in not-so-great shape, with its shares down 15.3% in the past three months compared with the industry's decline of 8.7%.

HP stock was the S&P 500's top performer after Warren Buffett's Berkshire Hathaway disclosed an11% stake in the PC giant. Twitter led losers.

Lamb Weston Holdings Inc (NYSE:LW) reported third-quarter FY22 sales growth of 7% year-on-year to $955 million, missing the consensus of $968.52 million. Volume declined 5%, reflecting lower export volume and lower shipments to retail channels. Net sales from the Global segment rose 2% Y/Y, Foodservice increased 34%, and the Retail segment declined 12%.…