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.
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.
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.
FAQ
What is the current stock price of Laird Superfood (LSF)?
What is the market cap of Laird Superfood (LSF)?
What is Laird Superfood, Inc.?
What products does Laird Superfood offer?
Where can I buy Laird Superfood products?
Who founded Laird Superfood, Inc.?
What is the Antioxidant Daily Reds supplement?
What is the Prebiotic Daily Greens supplement?
Who is the CEO of Laird Superfood, Inc.?
What is the mission of Laird Superfood?
How does Laird Superfood ensure the quality of its products?