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 (NYSE: LSF) delivers plant-based functional nutrition through innovative products like coffee creamers and performance-focused supplements. This news hub provides investors and industry observers with essential updates about the company's financial developments, product innovations, and market strategies.
Track official announcements including quarterly earnings reports, new product launches, retail partnerships, and operational milestones. Our curated collection ensures timely access to material developments affecting LSF's position in the competitive functional foods sector.
Discover updates spanning multiple business dimensions: financial performance metrics, distribution channel expansions, ingredient innovations, and strategic initiatives in the plant-based nutrition space. Content is rigorously verified to meet investor needs for decision-ready information.
Bookmark this page for convenient access to Laird Superfood's evolving story as it advances its mission of combining natural ingredients with functional benefits. Check regularly for authoritative updates about this innovative player in health-focused consumer goods.
Laird Superfood (NYSE American: LSF) has announced it will release its fourth quarter and fiscal year 2024 financial results on Wednesday, February 26, 2025, after the market closes. The company's management team will host a webcast at 5:00 p.m. ET on the same day to discuss the results. Investors and interested parties can access the live webcast through the company's Investor Relations website at investors.lairdsuperfood.com under the 'Events' section.
Laird Superfood® (NYSE: LSF) has expanded its product line with the launch of Maca Instant Latte, combining coffee, coconut creamer, functional mushrooms, and maca root. The new beverage, priced at $19, is designed to provide enhanced energy and vitality without the typical coffee crash.
The product features maca, an adaptogenic root from Peru known for supporting sexual function and boosting energy levels. Initially available on LairdSuperfood.com, the product will later be distributed through Amazon.com. This launch represents the company's continued innovation in functional beverages and effort to mainstream adaptogenic ingredients.
Laird Superfood (NYSE American: LSF) reported a 28% increase in net sales for Q3 2024, reaching $11.8 million. Gross margin improved to 43.0%, up from 31.0% in the previous year. E-commerce sales grew by 42% year-over-year, contributing 58% of total net sales, while wholesale sales increased by 13%, contributing 42% of total net sales. The company reported a net loss of $0.2 million, or $0.02 per diluted share, significantly improved from a net loss of $2.7 million, or $0.28 per diluted share, in the prior year. Year-to-date net sales grew by 27% to $31.7 million, with a gross margin of 41.7%. The company raised its full-year 2024 guidance, expecting net sales of $43-$44 million and a gross margin of 41%-42%. For 2025, Laird Superfood aims for 20%-25% net sales growth and positive EBITDA and cash flow.
Laird Superfood (NYSE American: LSF) announced it will release its third quarter 2024 financial results on Wednesday, November 6, 2024, after market close. The company will hold a webcast at 5:00 p.m. ET the same day to discuss the results. Investors can access the live webcast through the company's Investor Relations website at investors.lairdsuperfood.com under the Events section.
Laird Superfood (NYSE American: LSF) reported strong Q2 2024 financial results, with Net Sales growing 30% to $10.0 million and Gross Margin reaching 41.8%. E-commerce sales increased by 47%, led by 80% growth on Amazon and 32% growth in Direct-to-Consumer. Wholesale sales grew by 9%. The company raised its 2024 outlook, projecting Net Sales of $40 to $44 million (17% - 29% growth) and Gross Margin of 40% - 41%. Net Loss improved to $0.2 million, or $0.02 per diluted share. Cash increased by $0.5 million in Q2, with $7.8 million in cash and no outstanding debt as of June 30, 2024.
Laird Superfood (NYSE American: LSF) has announced that it will release its second quarter 2024 financial results on Wednesday, August 7, 2024, after the market closes. The company will host a webcast at 5:00 p.m. ET on the same day to discuss the results. Investors and interested parties can access the live webcast through the Laird Superfood Investor Relations website at https://investors.lairdsuperfood.com/ under the 'Events' section. This announcement provides an opportunity for stakeholders to gain insights into the company's financial performance and future outlook.
Laird Superfood, Inc. introduces a plant-based Protein Creamer for coffee, containing 12 grams of protein per serving, made from pea, hemp, and pumpkin seed protein. The creamer also includes MCTs from coconut and a Performance Mushroom Blend. Ideal for the 30-30-30 rule, it is a source of various essential nutrients and aims to provide energy and nutrition throughout the day. Available in Sweet & Creamy flavor, the product is priced at $20 on the Laird Superfood website.
Laird Superfood, Inc. (NYSE American: LSF) reported a 22% increase in Net Sales and achieved a 40% Gross Margin for the first quarter of 2024. The company's strategic initiatives led to impressive growth, with Wholesale sales up by 10% and E-commerce sales up by 33% year-over-year. Laird Superfood's balance sheet remains strong with no debt and $7.3 million in cash as of March 31, 2024. The company raised its 2024 outlook for Net Sales to $38-42 million and projected Gross Margin to reach 37-41%, showcasing confidence in its long-term financial future.
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