Laird Superfood, Inc. (LSF) Misses Q2 EPS by 1c
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Laird Superfood Reports Second Quarter 2022 Financial Results
August 10, 2022 4:05 PM EDT33% Year-Over-Year Improvement in Net Cash used in Operating Activities
SISTERS, Ore.--(BUSINESS WIRE)-- Laird Superfood, Inc. (NYSE American: LSF) (Laird Superfood, we and our), today reported financial results for its second quarter ended June 30, 2022.
Second Quarter 2022 Highlights
Net Sales of $8.7 million were down 6% versus the prior year period. Online contributed 60% of total Net Sales and revenue decreased 11% year-over-year, driven by reduced working marketing spend and elimination of free shipping on orders under forty dollars. Wholesale Net Sales... More