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Local Bounti Corporation reports developments in U.S. indoor agriculture, including controlled environment growing, retail distribution and facility operations. The company grows leafy greens, living lettuce, herbs and related produce using its patented Stack & Flow Technology in advanced indoor growing facilities across the United States.
Recurring news for LOCL includes quarterly and annual financial results, product and channel updates, retail and distributor relationships, financing transactions, capacity planning and NYSE listing-compliance matters. Company updates also describe its hybrid growing approach, operating efficiency initiatives and the use of controlled environment agriculture to supply fresh produce to grocery, foodservice and home-delivery channels.
Local Bounti (NYSE: LOCL) reported second quarter 2026 sales of $13.9 million, up 14% year-over-year and 4% sequentially, driven by higher production at facilities in Georgia, Texas and Washington. Gross profit was $1.0 million, down from $1.5 million, with adjusted gross margin at 27% versus 30% due to temporary packing inefficiencies in Georgia that the company reports are now resolved.
Net loss narrowed to $19.8 million from $21.6 million, while adjusted EBITDA loss improved 17% to $5.8 million. General and administrative expenses fell to $7.5 million, with adjusted G&A down 17% to $4.1 million. Local Bounti highlighted approximately 10% yield increases at upgraded facilities and about 20% targeted yield improvement at California sites, alongside 20% lower seed costs. The company ended June 30, 2026 with $10.1 million in cash and restricted cash and subsequently secured an additional $12.5 million investment via a convertible note and warrant from an existing strategic investor.
Local Bounti (NYSE: LOCL) will release its financial results for the fiscal second quarter ended June 30, 2026, before the market opens on Wednesday, August 12, 2026. The company will host a conference call with executive management at 8:00 a.m. ET the same day.
Investors can join via phone, webcast on the Local Bounti investor website, or access a telephonic replay available through August 26, 2026 using the provided dial-in numbers and passcode.
Local Bounti (NYSE: LOCL) launched a six-SKU line of locally grown leafy greens across the entire Harris Teeter chain, covering more than 250 stores in the Southeast and Mid-Atlantic.
The partnership expands Local Bounti's regional presence and channel mix, leveraging its patented Stack & Flow Technology® to deliver extended shelf life and freshness.
Local Bounti (NYSE: LOCL) was named to the TIME World's Growth Leaders 2026 list, and is the only Controlled Environment Agriculture (CEA) honoree. The recognition highlights five-year revenue growth, financial stability, and stock performance, supported by patented technology, expanding retail partnerships, and double-digit revenue growth.
Local Bounti (NYSE: LOCL) reported first quarter 2026 sales of $13.3 million, up 15% year-over-year, with gross profit of $1.5 million and net loss reduced to $12.7 million. Adjusted EBITDA loss improved 35% to $5.7 million and adjusted G&A fell 30% to $4.1 million.
The company services about 13,000 retail doors, added two new retail accounts including a 250+ store rollout, and secured supply commitments with national retailers through Q1 2027. It ended the quarter with $18.8 million in cash and received a $15 million strategic investment.
Local Bounti reported tower upgrades delivering roughly 10% yield capacity gains, is targeting further yield improvements in California, and was granted a U.S. patent for AI-driven growing optimization that supports its Stack & Flow Technology® platform.
Local Bounti (NYSE: LOCL) will release fiscal first quarter 2026 results for the period ended March 31, 2026, before market open on Wednesday, May 13, 2026.
A conference call begins at 8:00 a.m. ET on May 13, 2026; live webcast and archived replay will be available in the company Investors section at localbounti.com. Telephonic playback available through May 27, 2026 (passcode 13760159).
Local Bounti (NYSE: LOCL) will participate in the BMO Global Farm to Market Conference on May 13–14, 2026. Kathleen Valiasek, President & CEO, and members of management will host investor meetings both days. Investors should contact their BMO representative to schedule meetings.
Local Bounti (NYSE: LOCL) reported fourth-quarter and full-year 2025 results, with full-year sales up 27% to $48.4M and fourth-quarter sales up 24% to $12.5M. Gross profit rose to $5.9M for 2025 and adjusted gross margin improved to 29%. Net loss narrowed to $94.4M for 2025; adjusted EBITDA loss improved to $28.3M. The company ended 2025 with $10.7M cash and announced a subsequent $15M strategic investment in March 2026. Local Bounti received a U.S. patent for its AI-driven growing optimization technology and expanded retail distribution to ~13,000 doors.
Local Bounti (NYSE: LOCL) will release full year 2025 financial results before market open on Wednesday, March 25, 2026. The company will hold a live conference call at 8:00 a.m. ET the same day to discuss results and business updates.
The call will be broadcast via webcast on the company's Investors website and will be archived; telephonic playback is available through April 8, 2026 with passcode 13757430.
Local Bounti (NYSE: LOCL) secured $15 million through a convertible note from an existing strategic investor on March 17, 2026. The company said this capital provides financial flexibility to invest in operations and support its growth strategy. Terms are disclosed in a Form 8-K filed March 16, 2026.