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Laird Superfood, Inc. - LSF STOCK NEWS

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 notable player in the plant-based food industry, renowned for its innovative and functional products. Headquartered in Sisters, Oregon, and founded in 2015 by big-wave surf legend Laird Hamilton and former professional beach volleyball player Gabby Reece, the company aims to revolutionize healthy eating habits with its unique offerings.

Laird Superfood manufactures and markets a diverse range of plant-based and functional foods, including powdered and liquid coffee creamers, hydration and beverage-enhancing supplements, and performance mushroom supplements. Additionally, the product portfolio covers coffee, tea, hot chocolate products, and superfood blends, which are available through retail channels, the company's website, and third-party online platforms.

In its most recent development, Laird Superfood launched the Antioxidant Daily Reds, a powdered supplement designed to provide two servings of the daily recommended fruit and vegetable intake in each glass. This new product is packed with antioxidants from red and orange fruits and vegetables such as tart cherry, turmeric, strawberries, beets, and green tea extract. It supports muscle recovery and cardiovascular health while offering a convenient and tasty way to meet nutritional goals.

The company also recently introduced the Prebiotic Daily Greens, another powdered supplement aimed at nourishing the gut microbiome with superfood fruits and vegetables. Both products reflect Laird Superfood's commitment to delivering nutritious, functional, and delicious food options that fit seamlessly into daily routines.

Under the leadership of CEO Jason Vieth, Laird Superfood maintains a strong focus on innovation and consumer satisfaction. This approach has positioned the company as a leader in the functional food category, continuously expanding its product offerings to meet the evolving needs of health-conscious consumers.

Laird Superfood's mission is based on the belief that nourishing, plant-based foods can significantly enhance performance and well-being. By integrating adaptogens and other high-quality ingredients into their products, the company aims to help individuals fuel their bodies from sunrise to sunset.

For the latest updates and more information about Laird Superfood's products, visit Laird Superfood's website or follow them on social media platforms like Instagram and TikTok.

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LSF: Laird Superfood Reports Q3 Financial Results, Net Sales Growth and Gross Margin Exceeds 30%
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Laird Superfood, known for its plant-based products, has launched Laird Superfood Antioxidant Daily Reds, which provides 2 servings of fruits and vegetables in every glass. The antioxidant blend promotes muscle recovery and cardiovascular health. The product is available for purchase on the company's website and will be available on Amazon at a later date.
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Laird Superfood to report Q3 financial results on November 8, 2023
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Former US Navy SEAL and podcast host Shawn Ryan partners with Laird Superfood as a shareholder and Brand Ambassador. The partnership aims to promote the benefits of real, functional foods. Laird Superfood has high ingredient quality standards and offers clean, plant-based products. Ryan's favorite products include the Sweet & Creamy with Adaptogens Superfood Creamer and Organic Performance Mushrooms.
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Laird Superfood, Inc. (NYSE American: LSF) reported financial results for Q2 2023, highlighting a net sales decrease, improved gross margin by 610 basis points, and record low cash burn of $1.4 million. Wholesale net sales increased by 2.6% year-over-year, while e-commerce net sales decreased by 20.1% due to inventory out-of-stocks. Gross margin expanded to 24.3%, leading to a net loss of $3.5 million. Adjusted net loss was $3.3 million. The company expects further margin expansion and a resolution of inventory issues in Q3.
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Laird Superfood, Inc. (NYSE American: LSF) will release its financial results for Q2 2023 on August 9, 2023, after market close. A webcast will be held at 5:00 p.m. ET on the same day to discuss the results.
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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.

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Laird Superfood, Inc. (NYSE American: LSF) will announce its financial results for the fourth quarter and full year ended December 31, 2022, on March 14, 2023, after market close. A webcast hosted by management will follow at 5:00 p.m. ET, allowing investors to gain insights into the company's performance. Founded in 2015 by renowned surfer Laird Hamilton, Laird Superfood creates award-winning plant-based superfood products aimed at enhancing daily rituals. The company's commitment to using real ingredients reflects its environmentally conscientious approach.

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FAQ

What is the current stock price of Laird Superfood (LSF)?

The current stock price of Laird Superfood (LSF) is $7.96 as of December 20, 2024.

What is the market cap of Laird Superfood (LSF)?

The market cap of Laird Superfood (LSF) is approximately 77.4M.

What is Laird Superfood, Inc.?

Laird Superfood, Inc. is a company that manufactures and markets plant-based and functional foods, including coffee creamers, hydration products, and supplements.

What products does Laird Superfood offer?

Laird Superfood offers a variety of products such as powdered and liquid coffee creamers, hydration supplements, performance mushroom supplements, and coffee, tea, and hot chocolate products.

Where can I buy Laird Superfood products?

You can purchase Laird Superfood products through retail channels, the company's website, and third-party online platforms like Amazon.

Who founded Laird Superfood, Inc.?

The company was founded in 2015 by big-wave surf pioneer Laird Hamilton and his wife, former professional beach volleyball player Gabby Reece.

What is the Antioxidant Daily Reds supplement?

The Antioxidant Daily Reds is a powdered supplement that provides two servings of the daily recommended fruit and vegetable intake, packed with antioxidants from ingredients like tart cherry, turmeric, and strawberries.

What is the Prebiotic Daily Greens supplement?

The Prebiotic Daily Greens is a powdered supplement designed to nourish the gut microbiome with superfood fruits and vegetables.

Who is the CEO of Laird Superfood, Inc.?

Jason Vieth is the CEO of Laird Superfood, Inc.

What is the mission of Laird Superfood?

Laird Superfood's mission is to provide nourishing, plant-based foods that enhance performance and well-being, helping individuals fuel their bodies from sunrise to sunset.

How does Laird Superfood ensure the quality of its products?

Laird Superfood integrates high-quality ingredients, including adaptogens, into their products to ensure they meet the nutritional needs and preferences of health-conscious consumers.

Where is Laird Superfood headquartered?

Laird Superfood, Inc. is headquartered in Sisters, Oregon, United States.

Laird Superfood, Inc.

NYSE:LSF

LSF Rankings

LSF Stock Data

77.36M
7.61M
26.07%
11.59%
0.28%
Packaged Foods
Food and Kindred Products
Link
United States of America
SISTERS