Lamb Weston 予測(する)s strong 2024 on higher prices for its french fries

July 25 (Reuters) - Lamb Weston 予測(する) 年次の sales and 利益(をあげる) above Street 見積(る)s on Tuesday, betting on higher prices 同様に as 安定した 需要・要求する for its ready-to-cook french fries and other potato appetizers, sending its 株 up 3% in premarket 貿易(する)ing.

The 急速な/放蕩な-food chain, which counts McDonald's の中で one of its biggest 顧客s, has 利益d from raising prices to 保護する 利ざやs from elevated costs and has seen little 抵抗 even as still-high インフレーション squeezes 顧客 予算s.

In April, Lamb Weston said traffic growth at quick-service restaurants, 含むing burger and chicken restaurant chains, was helping 運動 需要・要求する for its fries.

The company's total 逮捕する sales 殺到するd 47% to $1.70 billion in the fourth 4半期/4分の1 ended May 28, compared with 分析家s' 見積(る) of $1.66 billion, によれば Refinitiv IBES data.

Its 全体にわたる 普通の/平均(する) selling prices 増加するd 24%, but 容積/容量s fell 10%, 予定 to a 減産/沈滞 in casual and 十分な-service restaurant traffic and 在庫 destocking by 確かな 顧客s in the U.S. 小売 channel.

Still, Lamb Weston 推定する/予想するs 年次の 逮捕する sales between $6.7 billion and $6.9 billion, 大部分は above 分析家s' 期待s of $6.79 billion.

It also 予測(する) 収入s per 株 between $4.95 and $5.40 for 十分な year 2024, compared with 分析家s' 普通の/平均(する) 期待 of a 利益(をあげる) of $5.01.

The 上昇傾向 予測(する) comes at a time when 一括d food peers 含むing Conagra Brands and General Mills have 予測(する) dour 年次の results as higher prices take a (死傷者)数 on 需要・要求する for their 製品s.

除外するing items, Lamb Weston earned $1.22 per 株 in the fourth 4半期/4分の1, (警官の)巡回区域,受持ち区域ing 期待s of $1.05 per 株.

(報告(する)/憶測ing b y Granth Vanaik in Bengaluru; Editing by Shinjini Ganguli)

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