Pomerantz Law Firm Files Class Action Against Lamb Weston Holdings, Inc.

On April 4, 2024, Lamb Weston reported financial results for its fiscal third quarter 2024 and disclosed significant problems with its transition to its new Enterprise Resource Planning (“ERP”) software system, which had been designed to interface with the most important aspects of Lamb Weston’s business and operations, including, among other things, inventories and customer order shipments. The system did not function properly, causing the Company to lose over $130 million in sales during its third quarter of fiscal 2024 and reduce its sales guidance for the full fiscal year by $330 million, at the midpoint. 

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