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 American: LSF) is a plant-based superfood company that regularly publishes updates on its products, financial performance and strategic plans. This news page aggregates company-issued press releases and other coverage so readers can follow how Laird Superfood is developing its functional food and beverage platform over time.
In its news flow, the company highlights product innovation across categories such as coffee creamers, instant lattes, hydration and beverage-enhancing mixes, snacks and other functional foods. Recent announcements have included new Hydrate drink mix flavors and variety packs, updates to liquid creamers made with USDA Certified Organic ingredients, and limited-time seasonal offerings like Maple Instant Latte with functional mushrooms.
Laird Superfood also uses news releases to communicate financial results and outlook. Earnings announcements detail net sales growth, gross margin performance, channel mix between e-commerce and wholesale, and revenue by product category and brand. These releases often include commentary from management on distribution gains in grocery and club stores, performance on Amazon.com, and investments in inventory and raw materials.
Another key theme in Laird Superfood’s news is strategic and capital markets activity. The company has announced an agreement to acquire Navitas LLC and a related Series A Preferred Stock investment from affiliates of Nexus Capital Management LP, describing how these transactions are intended to support a scaled platform in functional nutrition. Updates on participation in investor conferences and scheduled earnings webcasts also appear in the company’s news.
Investors and followers of LSF can use this page to review historical press releases on product launches, distribution expansion, financial performance and proposed strategic transactions, and to monitor how the company describes its progress in the superfoods and wellness market.
Laird Superfood (NYSE: LSF) has announced its participation in the 37th Annual Roth 2025 Conference scheduled for March 17-18, 2025. The company will conduct a fireside chat presentation on March 17, 2025, at 7 p.m. ET, which will be available via live webcast.
During the presentation, the leadership team will discuss three key areas:
- Continued innovation in clean, functional food
- Recent product launches
- Strategic growth initiatives for market expansion
CEO Jason Vieth emphasized the company's commitment to meeting growing consumer demand for clean, minimally processed products while focusing on innovative superfood solutions that support daily wellness and drive sustainable business growth.
Laird Superfood (LSF) reported strong financial results for Q4 and FY 2024, achieving record net sales of $43.3 million, representing 27% year-over-year growth. The company's gross margin expanded significantly to 40.9% from 30.1% in the previous year.
Q4 2024 delivered net sales of $11.6 million, up 26% year-over-year, with e-commerce contributing 58% and wholesale 42% of total sales. The company reported a Q4 net loss of $0.4 million ($0.04 per share).
For FY 2024, e-commerce sales grew 32% year-over-year, representing 59% of total sales, while wholesale increased 19%. The company ended the year with $8.5 million in cash and no debt. For 2025, management projects 20-25% net sales growth, gross margins in the upper 30s, and targets break-even Adjusted EBITDA.
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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