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LambWeston

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Food distributor Sysco misses Q2 sales estimates on slowing demand

Food distributor Sysco misses Q2 sales estimates on slowing demand Jan 30 (Reuters) - Sysco SYY.N missed Wall Street expectations for its second-quarter sales on Tuesday, as demand for custom meat cuts and high-quality seafood petered out in the face of still-high inflation. With customers cutting back on dining out, margins of consumer staple companies like Sysco and peers Hormel Foods HRL.N , Conagra Brands CAG.N , and Lamb Weston LW.N have come under pressure.
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U.S. Acadia Healthcare, Beyond Inc, Dynatrace

U.S. RESEARCH ROUNDUP-Acadia Healthcare, Beyond Inc, Dynatrace Jan 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Acadia Healthcare CoBeyond and Dynatrace, on Friday. HIGHLIGHTS * Acadia Healthcare Co Inc ACHC.O : Stephens raises to overweight from equal weight * Beyond Inc BYON.N : Needham raises to buy from hold * Cigna Group CI.N : Bernstein raises to outperform from market-perform * Dynatrace Inc DT.N : Jeffer
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U.S. STOCKS Apple, Lamb Weston, Dyne Therapeutics

BUZZ-U.S. STOCKS ON THE MOVE-Apple, Lamb Weston, Dyne Therapeutics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The benchmark S&P 500 and the Nasdaq were subdued on Thursday after a jobs report indicated resilience in the labor market, tempering expectations of how early interest-rate cuts could begin.
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Frozen food supplier Lamb Weston raises annual forecast on higher prices

Frozen food supplier Lamb Weston raises annual forecast on higher prices Jan 4 (Reuters) - Lamb Weston LW.N raised its forecast for full-year profit after beating quarterly estimates on Thursday as the supplier of frozen potato products benefited from higher prices and easing supply chains. Shares of the Idaho-based company were up about 5% in early trading.
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Lamb Weston jumps after annual profit forecast raise

BUZZ-Lamb Weston jumps after annual profit forecast raise Updates ** Shares of Idaho-based frozen goods maker Lamb Weston Holdings LW.N rise as much as 7% to a near six-month high of $111.88 ** Stock last up 5% and is set to snap a three-day losing streak ** Company raises annual adj. profit forecast betting on higher prices for its frozen potato products at fast food chains and improving supply chain costs ** Sees annual adj profit in the range of $5.70 to $6.15 /shr vs.
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