1/ Did you know that over 80 million portions of $LW potato fries are sold *every day*? π Here is a short thread about this unknown King of French Fries.
2/ Gilbert Lamb, the founder of Lamb Weston, invented the worldβs first cutting machine designed to cut fries under high pressure, and then established the company in 1950. Today it is a global billion dollar business.
3/ Lamb Weston is a world-leading frozen potato, appetizers, and vegetable supplier. They grow and manufacture products like potato and sweet potato fries, onion rings, and mozzarella sticks, which are sold both B2B to restaurant chains like $MCD, and directly to consumers.
4/ Are you a regular, sweet potato, curly or crisscut fries type of person? Lamb Weston practically invented all of the above. With over four billion in annual revenue and almost half a billion in EBIT, it is safe to say that potatoes are a lucrative business.
5/ Since the spin-off from $CAG in 2016, Lamb Westonβs stock is up roughly 145%. And that is excluding dividends. The market cap has reached closer to $12 billion, compared with $CAG's ~$17 billion.
6/ An interesting niche to say the least. But after all, the best part of $LW is probably their slogan..
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