Laird Superfood, Inc. (LSF) Tops Q3 EPS by 5c

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Laird Superfood Reports Third Quarter 2023 Financial Results

November 8, 2023 5:00 PM EST

Net sales returns to growth; gross margin exceeds 30%.

BOULDER, Colo.--(BUSINESS WIRE)-- Laird Superfood, Inc. (NYSE American: LSF) (Laird Superfood, the "Company", we, and our), today reported financial results for its third quarter ended September 30, 2023.

Third Quarter 2023 Highlights

Net sales of $9.2 million compared to $7.7 million in the prior quarter, and $8.8 million in the prior year period. Wholesale contributed 47% of total net sales and increased by 42.8% year-over-year, driven by distribution gains in the natural and conventional channels, seasonal program... More