Shares of Lamb Weston Holdings (NYSE: LW) were up 8.6% as of 11:27 a.m. ET on Thursday after the company announced strong results for the fiscal first quarter ending Aug. 27. The frozen potato supplier said net sales grew 48% year over year partly boosted by acquisitions. The positive outcome from the price increases is a great indicator that Lamb Weston has a reputation for delivering quality food products that are not easily replaceable.
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