Strategic Product Expansion Targets New Markets and Growing Demand for Clean, Adaptogenic BeveragesBOULDER, Colo., Aug. 13, 2025 /PRNewswire/ -- Laird Superfood, Inc. (NYSE: LSF), a leader in functional coffee, creamers, and superfood products made with simple, minimally processed ingredients, is proud to announce expanded availability of its fan-favorite products at Costco locations across key U.S. regions. This milestone marks a significant step forward in the company's mission to make clean, functional a ...

分组1 - Laird Superfood, Inc. reported a quarterly loss of $0.03 per share, better than the Zacks Consensus Estimate of a loss of $0.07, representing an earnings surprise of +57.14% [1] - The company posted revenues of $11.99 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 5.58%, but showing an increase from $10 million in the same quarter last year [2] - Laird Superfood shares have underperformed the market, losing about 10% since the beginning of the year compared to the S&P 500's gain of 7.1% [3] 分组2 - The current consensus EPS estimate for the coming quarter is -$0.01 on revenues of $14.5 million, and for the current fiscal year, it is -$0.16 on revenues of $53.4 million [7] - The Zacks Industry Rank for Food - Miscellaneous is currently in the bottom 23% of over 250 Zacks industries, indicating potential challenges for the sector [8]

Financial Data and Key Metrics Changes - Net sales grew 20% year over year to $12 million in Q2, driven by a 47% increase in the wholesale channel, which now represents nearly half of total net sales [5][10] - Gross margin was 39.9%, slightly down from 41.8% in the prior year due to higher trade spend and commodity costs, yet remains among the best in the industry [6][11] - Adjusted EBITDA was positive at $100,000 compared to a loss of $100,000 in the same quarter last year, indicating progress towards profitability [12] Business Line Data and Key Metrics Changes - Coffee creamers led growth with a 44% increase, making up 56% of gross sales, reflecting consumer demand for plant-based options [5][10] - Coffee, tea, and hot chocolate products also grew by 44%, aligning with the company's strategy to become a leader in functional coffee solutions [6] Market Data and Key Metrics Changes - E-commerce sales increased by 2% year over year, contributing 52% of total net sales, primarily driven by Amazon [10][11] - The wholesale channel's growth was attributed to distribution expansion and increased velocity in grocery and club stores [10][11] Company Strategy and Development Direction - The company is focusing on growing its wholesale channel to become the largest segment of its business, with a strategic emphasis on brand building, innovation, and operational efficiency [5][9] - Plans to introduce new products, including a super optimized liquid creamer and a protein-based coffee product, are underway, indicating a commitment to innovation [36][39] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the second half of the year, despite ongoing economic pressures and tariff uncertainties, highlighting the company's resilience and strong brand appeal [9][17] - The company reaffirmed its full-year net sales growth guidance of 20% to 25% and aims to maintain gross margins while achieving breakeven adjusted EBITDA [15][17] Other Important Information - The company ended the quarter with $4.2 million in cash and no debt, indicating a solid balance sheet [7][13] - Cash usage was primarily driven by inventory investments to meet demand and mitigate supply chain risks, with expectations to normalize in the coming quarters [7][14] Q&A Session Summary Question: Revenue guidance for the year and confidence in achieving it - Management noted that previous out-of-stock issues and a cyber attack impacted sales, but they do not anticipate similar events in the second half, supporting their revenue guidance [20][22] Question: Impact of the cyber attack and liquid product transition - The cyber attack is estimated to have cost around $100,000 in sales, while the transition to a new liquid product size has been challenging but is now showing positive results [26][27][29] Question: Innovation focus for the back half of the year - The company is excited about new product innovations, including a new liquid creamer formula and a protein-based coffee product, which are expected to differentiate them in the market [35][39] Question: Performance during Amazon Prime Day and customer acquisition metrics - Amazon Prime Day went as planned, with strong initial sales, although e-commerce growth is slowing, reflecting broader trends in the industry [46][52] Question: Plans for increasing trade promotion - Management is considering increasing trade promotions in response to consumer price sensitivity but has not yet made decisions, focusing on maintaining gross margins [54][56]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to_________ Commission File Number: 001-39537 Laird Superfood, Inc. (Exact name of registrant as specified in its charter) Nevada 81- ...

Exhibit 99.1 Laird Superfood Reports Second Quarter 2025 Financial Results Net Sales grew 20%. Gross Margin at 39.9%. Re-af irms 2025 full year guidance. Boulder, Colorado – August 6, 2025 – Laird Superfood, Inc. (NYSE American: LSF) ("Laird Superfood," the "Company", "we", and "our"), today reported financial results for the second quarter ended June 30, 2025. Jason Vieth, Chief Executive Officer, commented, "I am very proud of our second quarter results and the efforts by our team, which delivered 20% net ...

Core Insights - Laird Superfood has launched Perform Whole Bean Coffee and Perform Decaf Coffee, targeting premium coffee consumers and the growing demand for clean, adaptogenic beverages [1][2][4] - The new products incorporate functional mushrooms such as chaga, lion's mane, maitake, and cordyceps, which are known to promote energy, focus, and overall balance [2][3][4] - The Perform Whole Bean Coffee is the brand's first functional whole bean offering, featuring Aquamin™, a calcified sea algae that provides 72 trace minerals [4][5] - The Perform Decaf Coffee is decaffeinated using the Swiss Water® Process, which removes 99.9% of caffeine while maintaining the coffee's rich flavor [5] Product Details - Both Perform Whole Bean and Perform Decaf Coffee are USDA Organic, shade-grown at high altitudes, and hand-picked, ensuring a smooth and rich flavor experience [3][4] - The new mushroom coffees are available in 12-ounce bags priced at $20, with plans for distribution through select retailers and Amazon [6] Company Background - Laird Superfood was founded in 2015 by Laird Hamilton, a big wave surfer, and has expanded its product line from superfood creamers to include instant lattes, coffees, bars, and prebiotic daily greens [7] - The brand focuses on minimally processed foods and simple ingredients to support active lifestyles and overall well-being [7]

Core Insights - Laird Superfood has launched a new product, the Protein Instant Latte, which combines convenience with nutritional benefits, featuring 10 grams of protein per serving from a blend of plant-based sources [1][2][3] - The product is designed to meet the growing consumer demand for protein-rich foods and offers additional benefits from functional mushroom extracts [2][3] - The Protein Instant Latte is priced at approximately $19 for a bag containing 6 servings, making it a cost-effective alternative to traditional coffee shop lattes [2][4] Company Overview - Laird Superfood, founded in 2015 by surfer Laird Hamilton, focuses on minimally processed superfood products aimed at enhancing energy and overall well-being [5] - The brand has expanded its product line from superfood creamers to include instant lattes, coffees, bars, and prebiotic greens, all made with simple ingredients [5] - The company emphasizes a commitment to clean, real food ingredients that support active lifestyles [5]

Financial Data and Key Metrics Changes - In Q1 2025, the company achieved an 18% year-over-year increase in net sales to $11.7 million, up from $9.9 million in the same period last year, marking the fifth consecutive quarter of double-digit sales growth [5][13] - The gross margin for Q1 2025 was 41.9%, a 1.9 percentage point improvement compared to Q1 2024, despite commodity price pressures [6][14] - The net loss narrowed to $200,000 in Q1 2025 from a $1 million loss in Q1 2024, and adjusted EBITDA was positive at $400,000 compared to a negative $800,000 in the prior year [11][16] Business Line Data and Key Metrics Changes - The wholesale channel led growth with a 35% year-over-year increase, now accounting for nearly half of total revenue [7][13] - E-commerce sales grew by 6% year-over-year, contributing 53% of total net sales, driven by strong performance on Amazon [6][14] - Direct-to-consumer sales saw over 75% coming from repeat customers and subscribers, indicating strong customer loyalty [7] Market Data and Key Metrics Changes - The company experienced distribution gains in grocery and club stores, which contributed to the significant growth in the wholesale channel [8][13] - Improved inventory management and targeted marketing execution on Amazon drove platform demand for layered superfood products [6][14] Company Strategy and Development Direction - The company aims to maintain annual gross margins in the upper 30s while prioritizing volume growth to build a larger, more profitable business [10] - The strategic focus remains on driving growth through Amazon and expanding wholesale distribution, with a target of a 50-50 split between wholesale and e-commerce by 2025 [31] - The company is committed to operational efficiencies and strategic sourcing to mitigate the impact of commodity price inflation and tariffs [9][10] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about potential commodity price corrections in 2025 that could enhance profitability [10] - The company reaffirmed its full-year guidance, expecting net sales between $52 million and $54 million, representing 20% to 25% growth versus the prior year [19][18] - Management remains confident in the company's ability to deliver long-term value for shareholders despite current industry headwinds [20] Other Important Information - The company ended the quarter with $7.2 million in cash and no debt, indicating a strong balance sheet [17] - The company invested in building inventory safety stock to minimize out-of-stock issues and capture future growth opportunities [17] Q&A Session Summary Question: Clarification on tariffs and their impact on trade spend - Management indicated that the current 10% tariff is manageable, but future tariffs could have a more significant impact, which they believe they can accommodate within their financial guidance [25][26] Question: Details on wholesale strength and promotional spend - Management highlighted strong growth in coffee and instant latte products, with improved velocities and distribution gains contributing to wholesale growth [32][36] Question: Performance of the new liquid creamer product - Management noted that velocities are coming in as expected, with some challenges due to inventory transitions, but overall confidence remains high for future performance [39][40] Question: Marketplace strategy and its impact on core product innovation - Management clarified that the marketplace is a supportive component of the DTC platform, aimed at enhancing customer engagement rather than generating significant revenue [50][51] Question: Impact of Palisade fires on sales - Management reported no noticeable negative impact on sales from the Palisade fires, although they provided support to first responders [55]

Financial Data and Key Metrics Changes - In Q1 2025, the company achieved an 18% year-over-year increase in net sales to $11.7 million, up from $9.9 million in the same period last year, marking the fifth consecutive quarter of double-digit sales growth [4][12] - The gross margin for Q1 2025 was 41.9%, a 1.9 percentage point improvement compared to Q1 2024, despite commodity price pressures [5][13] - The net loss narrowed to $200,000 in Q1 2025 from a $1 million loss in Q1 2024, and adjusted EBITDA was positive at $400,000 compared to a negative $800,000 in the prior year [10][14] Business Line Data and Key Metrics Changes - The wholesale channel led growth with a 35% year-over-year increase, now accounting for nearly half of total net sales [6][12] - E-commerce sales grew by 6% year-over-year, contributing 53% of total net sales, driven by strong performance on Amazon [5][13] - Direct-to-consumer sales saw over 75% coming from repeat customers and subscribers, indicating strong customer loyalty [6] Market Data and Key Metrics Changes - The company reported significant distribution gains in grocery and club stores, contributing to the wholesale growth [6][12] - The company is optimistic about resolving supply chain constraints and expects to drive accelerated growth in coconut milk products in the second half of 2025 [7][10] Company Strategy and Development Direction - The company aims to maintain annual gross margins in the upper 30s while prioritizing volume growth to build a larger, more profitable business [9] - The strategy focuses on robust growth on Amazon and expanding wholesale distribution, with a target of a 50-50 split between wholesale and e-commerce by 2025 [30] - The company is committed to operational efficiencies and strategic sourcing to mitigate rising commodity costs and tariffs [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about potential commodity price corrections in 2025 that could enhance profitability [9] - The company remains confident in its 2025 outlook and ability to deliver long-term value for shareholders despite current industry headwinds [19][20] - Management highlighted the importance of maintaining strong supplier relationships and operational efficiencies to navigate inflationary pressures [8][14] Other Important Information - The company ended the quarter with $7.2 million in cash and no debt, indicating a strong balance sheet [15] - The company is investing in building inventory safety stock to minimize out-of-stock issues and capture future growth opportunities [15][17] - Full-year guidance expects net sales between $52 million and $54 million, representing 20% to 25% growth versus the prior year [18] Q&A Session Summary Question: Clarification on tariffs and their impact - Management indicated that the current 10% tariff is manageable, but future tariffs could have a more significant impact, which they believe they can accommodate within their financial guidance [24][25] Question: Details on wholesale strength and promotional spend - Management noted that wholesale growth is driven by distribution gains and improved velocities, particularly in coffee and instant latte products, with promotional spending being efficient despite exceeding expectations [30][36] Question: Performance of the new liquid creamer product - Management reported that velocities for the new liquid creamer are in line with expectations, although the transition has been challenging due to timing issues with major accounts [39][40] Question: Marketplace strategy and its impact - The marketplace is a non-strategic component aimed at enhancing the DTC platform by offering lifestyle products, which helps drive traffic and retention without significant financial expectations [48][49] Question: Impact of Palisade fires on sales - Management stated that while there was displacement in Southern California, there was no noticeable negative impact on sales, and they provided support to first responders as a goodwill gesture [52][53]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to_________ Commission File Number: 001-39537 Laird Superfood, Inc. (Exact name of registrant as specified in its charter) Nevada 81 ...