Lamb Weston Holdings Inc vs Remitly Global Inc — how do they compare? Lamb Weston Holdings Inc trades at $52.79 (market cap $7.12B), while Remitly Global Inc trades at $23.73 (market cap $4.87B). The key difference: Lamb Weston Holdings Inc is the larger of the two by market cap, and Lamb Weston Holdings Inc pays a 2.93% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| LW | RELY | |
|---|---|---|
Market Cap | $7.12B | $4.87B |
Sector | Consumer Staples | Technology |
52-Week High | $66.57 | $25.93 |
52-Week Low | $38.48 | $12.20 |
Enterprise Value | $11.00B | $4.23B |
Dividend Yield | 2.93% | — |
Trailing returns across standard periods
Latest headlines on both assets
Lamb Weston is the world's second-largest producer of branded and private-label frozen potato products, such as French fries, sweet potato fries, tater tots, diced potatoes, mashed potatoes, hash browns, and chips. The company also has a small appetizer business that produces onion rings, mozzarella sticks, and cheese curds. Including joint ventures, 63% of fiscal 2022 revenue was U.S.-based, with the remainder stemming from Europe, Canada, Japan, China, Korea, Mexico, and several other countries. Lamb Weston's customer mix is estimated 58% quick-serve restaurants, 19% full-service restaurants, 8% other food services (hotels, commercial cafeterias, arenas, schools), and 16% retail. Lamb Weston became an independent company in 2016 when it was spun off from Conagra.
Read more on LW →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →