Laird Superfood, Inc. (LSF) Misses Q1 EPS by 3c

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Go back to Laird Superfood, Inc. (LSF) Misses Q1 EPS by 3c

Laird Superfood Reports First Quarter 2022 Financial Results

May 12, 2022 4:05 PM EDT

Net Sales Increased 26% Year Over Year to $9.3 Million, Including 31% Wholesale Growth

30% Year Over Year Improvement in Net Cash from Operating Activities

SISTERS, Ore.--(BUSINESS WIRE)-- Laird Superfood, Inc. (NYSE American: LSF) (Laird Superfood, we and our), today reported financial results for its first quarter ended March 31, 2022.

First Quarter 2022 Highlights

Net Sales increased 26% year over year to $9.3 million. Online contributed 58% of Net Sales, increasing 24% year over year with direct-to-consumer (DTC) up 35%. Wholesale contributed 41% of... More