Laird Superfood(LSF)

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Laird Superfood® Launches Protein Instant Latte, Packed with Plant-Based Protein
Prnewswire· 2025-06-11 13:05
Creamy Latte Powder Delivers Convenience Plus Sustained Daily EnergyBOULDER, Colo., June 11, 2025 /PRNewswire/ -- Laird Superfood, Inc. (NYSE: LSF), a leader in functional coffee, creamers, and superfood products made with simple, minimally processed ingredients, has launched Laird Superfood Protein Instant Latte, an all-in-one powder-to-latte mix containing 10 grams of protein per serving from a proprietary blend of pea, hemp and pumpkin seed protein, naturally occurring MCTs from coconut, organic Lion's M ...
Laird Superfood(LSF) - 2025 Q1 - Earnings Call Transcript
2025-05-07 22:02
Laird Superfood (LSF) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants Trevor Rousseau - Head - IRJason Vieth - President, CEO & DirectorAnya Hamill - CFO & Corporate SecretaryJohn-Paul Wollam - Equity Research Associate Conference Call Participants Ayden Morgenstern - Investment Analyst Intern Operator Good afternoon. Thank you for attending the Laird Superfood First Quarter twenty twenty five Financial Results Call. My name is Matt, and I'll be the operator for today's call. All lines w ...
Laird Superfood(LSF) - 2025 Q1 - Earnings Call Transcript
2025-05-07 22:00
Laird Superfood (LSF) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Speaker0 Good afternoon. Thank you for attending the Laird Superfood First Quarter twenty twenty five Financial Results Call. My name is Matt, and I'll be the operator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I'll now have to pass the conference over to our host, Trevor Rousseau, Head of Investor Relations. Trevor, please go ahead. Speake ...
Laird Superfood(LSF) - 2025 Q1 - Quarterly Report
2025-05-07 20:42
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 ...
Laird Superfood(LSF) - 2025 Q1 - Quarterly Results
2025-05-07 20:40
Exhibit 99.1 Laird Superfood Reports First Quarter 2025 Financial Results Net Sales grew 18%. Gross Margin at 41.9%, positive adjusted EBITDA. Re-af irms 2025 full year guidance. Boulder, Colorado – May 7, 2025 – Laird Superfood, Inc. (NYSE American: LSF) ("Laird Superfood," the "Company", "we", and "our"), today reported financial results for the first quarter ended March 31, 2025. Jason Vieth, Chief Executive Officer, commented, "I am pleased to report another strong quarter of Net Sales growth for Laird ...
Laird Superfood® Satisfies Vanilla Lovers with New Vanilla Instant Latte
Prnewswire· 2025-04-15 13:04
Real Vanilla Bean and Functional Mushrooms Differentiate Vanilla Instant Latte from Other Vanilla CoffeesBOULDER, Colo., April 15, 2025 /PRNewswire/ -- Laird Superfood®, Inc. (NYSE American: LSF), a leader in functional coffee, creamers, and superfood products made with simple, minimally processed ingredients, has launched Vanilla Instant Latte with real vanilla bean powder to provide an authentic vanilla taste instead of the artificial vanilla flavor common in other coffee products. Laird Superfood laun ...
Laird Superfood® Launches The Market Place: A One-Stop Shop Featuring Curated Premium Nutrition and Wellness Brands for Consumers Wanting to Live an Active Life
Prnewswire· 2025-03-19 18:48
Core Insights - Laird Superfood has launched an online shopping platform called The Market Place, aimed at promoting exceptional health and high performance through a curated selection of wellness products [1][3] - The Market Place will feature a limited number of product collections from various brands, emphasizing quality and accessibility for consumers seeking a healthy lifestyle [2][3] Company Overview - Laird Superfood, founded in 2015 by Laird Hamilton and Gabby Reece, focuses on clean, plant-based superfood products that enhance energy, endurance, and overall well-being [4] - The brand has expanded its product offerings from superfood creamers to include instant lattes, coffees, bars, and prebiotic daily greens, all made with simple, minimally processed ingredients [4] Product Offering - The Market Place will offer a selection of wellness products, including premium river boards, sustainable activewear, and recovery tools, with a focus on limited supply and best prices [2][3] - The platform aims to provide customers with access to effective wellness superfoods, tools, and accessories that align with healthy values and an elevated lifestyle [3]
Laird Superfood® to Participate in 37th Annual Roth 2025 Conference March 17, 2025
Prnewswire· 2025-03-17 23:14
Core Insights - Laird Superfood is participating in the 37th Annual Roth 2025 Conference on March 17-18, 2025, where the leadership team will discuss innovation, product launches, and growth initiatives [1][2] Company Overview - Laird Superfood, founded in 2015 by Laird Hamilton and Gabby Reece, focuses on clean, plant-based superfood products aimed at enhancing performance and wellness [3] - The brand offers a variety of products including superfood creamers, instant lattes, coffees, bars, and prebiotic daily greens, emphasizing minimally processed ingredients [3] Strategic Focus - The company aims to meet the growing consumer demand for clean, minimally processed products by delivering innovative superfood solutions [2][3] - Laird Superfood's growth strategy includes expanding market presence and driving shareholder value through strategic initiatives [2][3]
Laird Superfood(LSF) - 2024 Q4 - Earnings Call Transcript
2025-02-27 03:14
Financial Data and Key Metrics Changes - For the full year 2024, the company achieved a 27% top-line growth, with net sales reaching $43.3 million, up from $34.2 million in 2023 [6][24] - In Q4 alone, net sales grew to $11.6 million, a 26% increase over Q4 2023 [7][22] - Gross margins for the full year were maintained at nearly 41%, an 11-point increase from 30.1% in 2023 [8][27] - The net loss for Q4 was $0.4 million, compared to net income of $0.1 million in the prior year period, while the full year net loss improved to $1.8 million from $10.2 million [29][30] Business Line Data and Key Metrics Changes - E-commerce sales increased by 32% year-over-year, contributing 59% of total net sales for the full year [10][24] - Wholesale sales grew by 19% year-over-year, accounting for 41% of total net sales [12][26] - In Q4, the wholesale channel led growth with a 52% increase year-over-year [22] Market Data and Key Metrics Changes - The company secured new distribution with major retailers like Kroger and Safeway Albertsons, contributing to a 35% growth in retail sales across the MULO universe [12][13] - The Amazon platform accounted for over 40% of the e-commerce channel, with expectations for continued growth [11] Company Strategy and Development Direction - The company focuses on rapid growth in e-commerce and expanding wholesale distribution as key strategic pillars [9] - The transition to a variable cost manufacturing model and disciplined trade spend management have been crucial for maintaining high gross margins [8][15] - The company aims to achieve gross margins in the upper 30s while prioritizing volume growth over short-term margin points [16][32] Management's Comments on Operating Environment and Future Outlook - Management believes that recent commodity cost increases are opportunistic and expects a correction in some costs over 2025 [16][87] - The company anticipates continued growth in core business segments, reaffirming guidance for 20% to 25% net sales growth in 2025 [31][32] - Management expressed confidence in resolving supply chain issues and expects to recover from out-of-stock situations by the end of Q1 or early Q2 [19][46] Other Important Information - The company has entered 2025 with $8.5 million in cash and no debt, projecting sufficient cash to fund operations and growth [30] - The company is targeting adjusted EBITDA to breakeven on a full-year basis while investing in inventory to support growth [34] Q&A Session Summary Question: Impact of stock-outs on Q4 and timeline for resolution - Management acknowledged that stock-outs impacted Q4, estimating a loss of approximately $1 million in sales, but emphasized strong demand and plans to resolve supply issues [42][46] Question: Growth in coffee category and its drivers - Management confirmed strong growth in the coffee category, driven by functional coffee products and effective pricing strategies [50][52] Question: Gross margin expectations for early 2025 - Management intends to maintain gross margins in the high-30s, willing to trade off some margin points for market share and top-line growth [61] Question: Performance of new liquid product size - Management reported a successful transition to a larger liquid product size, with expectations for strong sales but noted it is too early to provide specific sales data [66][70] Question: Supply challenges for coconut milk powder - Management indicated that while there is sufficient overall supply for coconut milk powder, quality requirements necessitate careful supplier vetting, which has caused temporary supply issues [75][79]
Laird Superfood, Inc. (LSF) Reports Q4 Loss, Lags Revenue Estimates
ZACKS· 2025-02-27 00:30
Company Performance - Laird Superfood, Inc. reported a quarterly loss of $0.04 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.02, marking an earnings surprise of -100% [1] - The company posted revenues of $11.61 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.64%, but showing an increase from $9.21 million in the same quarter last year [2] - Over the last four quarters, Laird Superfood has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Laird Superfood shares have declined approximately 13.3% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $12.5 million, and for the current fiscal year, it is -$0.08 on revenues of $52.7 million [7] Industry Outlook - The Zacks Industry Rank for Food - Miscellaneous, which includes Laird Superfood, is currently in the bottom 30% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Laird Superfood's stock performance [5]