Jul. 20 at 11:48 PM
Lamb Weston shares are pricing in a 9.7% move ahead of the company's July 24 earnings report before the market opens, according to Bloomberg options data. The potato products maker has exhibited substantial earnings-related volatility, with several quarterly reports producing moves well beyond market expectations.
The stock plunged 26.1% following its December 2025 earnings release despite options implying a 9% move, while shares gained 14.9% after July 2025 results versus a 9.9% implied move. Earlier, Lamb Weston fell 27.6% after its July 2024 report, far exceeding the 8.1% move anticipated by options markets. More recently, shares declined 7.3% after April 2026 earnings, a smaller move than the 10.3% implied by options.
The company's earnings history highlights its potential for significant upside and downside surprises, making it one of the more volatile consumer staples names during earnings season.
$LW