Welcome to our dedicated page for Laird Superfood news (Ticker: LSF), a resource for investors and traders seeking the latest updates and insights on Laird Superfood stock.
Laird Superfood, Inc. reports news about its functional coffee, creamers, and superfood products made with simple, minimally processed ingredients. Company updates commonly cover product launches and reformulations, including organic prebiotic greens, protein coffee, plant-based creamers, instant lattes, hydration products, beverage enhancers, teas, hot chocolate, and snacks.
LSF news also includes financial results, channel activity across wholesale and retail outlets, acquisitions in the superfoods category, and capital-structure developments tied to preferred equity financing. Corporate updates may address governance matters, shareholder votes, and investor presentations alongside operating performance.
Laird Superfood, Inc. (NYSE American: LSF) has launched personalized Daily Ritual bundles aimed at enhancing customer performance through plant-based nutrition. Customers can take a quiz to discover their ideal combination of products like Superfood Creamers, Coffee, and Functional Mushroom Blends, tailored to their lifestyle. Subscribers benefit from perks like exclusive sales, gifts, and free shipping. Co-founder Laird Hamilton emphasizes the accessibility and functionality of these products to support healthy habits.
Laird Superfood reported a 75% increase in net sales for Q4 2020, totaling $7.3 million, with online sales contributing 61% of total net sales. Despite this impressive growth, the company faced a net loss of $4.5 million or $0.51 per diluted share, compared to net income of $5.3 million in Q4 2019. Gross margin dropped to 20.3% from 34.7% due to increased shipping and labor costs. The company plans to leverage its cash reserves of $57.2 million for future growth initiatives in 2021.
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Laird Superfood (NYSE American: LSF) has entered a three-year partnership with U.S. Ski & Snowboard as their exclusive sponsor for functional coffee and coffee creamers. This collaboration aims to support athletes with plant-based nutrition as they prepare for competitions. Laird Superfood provides a range of products including functional blends that enhance everyday rituals. The partnership aligns with both organizations' mission to promote quality nutrition, with activations planned during the current competition season, which includes the upcoming Aspen 2021 FIS World Championships.
Laird Superfood, Inc. (NYSE American: LSF) is set to report its financial results for Q4 and fiscal year ended December 31, 2020, on March 11, 2021, after market close. A conference call and webcast will be held at 5:00 p.m. ET on the same day to discuss the financial results. The company specializes in plant-based superfood products, aimed at enhancing daily routines with environmentally conscious ingredients.
Sisters, Ore., Jan. 12, 2021 - Laird Superfood (NYSE American: LSF) announced the launch of Focus Coffee, a new functional coffee product designed to enhance focus using botanicals and mushroom extracts. This follows the release of Boost Coffee, which provides 15% of the daily Vitamin D. Focus Coffee utilizes medium roast Peruvian beans, rhodiola extract, organic lion's mane extract, and coffee cherry. It is priced at $17.95 for 12 oz. bags. Laird Superfood aims to redefine coffee functionality with its latest offerings.
Laird Superfood (NYSE American: LSF) announced that key executives, including Paul Hodge and Laird Hamilton, will participate in a fireside chat at the 2021 Annual ICR Conference on January 12, 2021, at 4:30 p.m. ET. The chat will be moderated by Rob Dickerson from Jefferies. Interested participants can register for the conference through the provided link. Founded in 2015, Laird Superfood specializes in plant-based superfood products aimed at enhancing daily nutrition.
Laird Superfood (NYSE American: LSF) has launched Boost Coffee, the first coffee enriched with Vitamin D, featuring a blend of medium roast coffee beans and functional extracts like organic Red Reishi and Maitake mushrooms. Each 12 oz serving provides 15% of the daily Vitamin D requirement when brewed correctly. The product is part of a broader product line expansion, which also includes ACTIVATE Prebiotic Daily Greens and Harvest Dates snacks. Priced at $17.95 for Boost Coffee, the new offerings aim to enhance daily nutritional intake and coffee rituals.
Laird Superfood (LSF) has launched its new ACTIVATE Prebiotic Daily Greens supplement aimed at enhancing gut health. This plant-based product features a blend of 18 ingredients, including fruits, vegetables, and the special ingredient Shilajit, known for its health benefits. Each serving contains the equivalent of 14 kale leaves, 4 spinach leaves, and is free from artificial ingredients and preservatives. Priced at $19.95 for a 4.2 oz bag, ACTIVATE supports gut microbiome health with a good source of fiber and Vitamin C.
Laird Superfood (NYSE American: LSF) has launched its RENEW Plant-Based Protein powder, featuring 19 grams of protein and nine essential amino acids without rice or pea protein. This product combines various seed proteins and functional mushrooms for enhanced digestion and nutrition. It includes ingredients like organic Sacha Inchi, Hemp, Cranberry, and Pumpkin Seed Proteins, along with functional mushrooms such as Maitake, Lion's Mane, Chaga, and Cordyceps. Priced at $29.95 for a 1 lb bag, it's available on their website.