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 (LSF) reported its Q4 and fiscal year 2022 results, noting a net loss of $15.6 million, or $1.69 per diluted share. Net sales totaled $9.0 million for Q4, a slight increase from Q3, driven largely by e-commerce, contributing 66%. However, gross margin decreased significantly to (4.6%), down from 23.4% in Q3, primarily due to transition costs and a product quality issue. For fiscal 2022, net sales were $35.8 million, down from $36.8 million in 2021, with a net loss of $40.3 million. Looking ahead, the company aims for high single-digit sales growth and gross margins exceeding 30% in 2023, despite economic challenges.
FAQ
What is the current stock price of Laird Superfood (LSF)?
What is the market cap of Laird Superfood (LSF)?
