Earnings summaries and quarterly performance for Laird Superfood.
Executive leadership at Laird Superfood.
Board of directors at Laird Superfood.
Research analysts who have asked questions during Laird Superfood earnings calls.
John-Paul Wollam
Roth Capital Partners, LLC
3 questions for LSF
Also covers: GENK, GOLF, KRUS +3 more
AF
Alex Fuhrman
Craig-Hallum Capital Group LLC
2 questions for LSF
Also covers: APYX, ATER, BNED +21 more
AM
Ayden Morgenstern
Greenland Capital
1 question for LSF
GK
George Kelly
ROTH Capital Partners
1 question for LSF
Also covers: BODI, BRCC, BTMD +10 more
Recent press releases and 8-K filings for LSF.
Laird Superfood Announces Acquisition of Navitas Organics
LSF
M&A
Convertible Preferred Issuance
New Projects/Investments
- Laird Superfood has entered into an agreement to acquire Navitas LLC (Navitas Organics) for $38.5 million in cash.
- The acquisition is funded by a $50 million convertible preferred equity instrument from Nexus Capital Management, with an option to draw up to an additional $60 million for future strategic opportunities.
- Navitas Organics reported annual revenues of nearly $36.4 million in 2024 with a 32.7% gross margin in the same year, and is growing double digits.
- The combined pro forma annual revenue base for 2024 is expected to be approximately $80 million, and the acquisition is anticipated to close in the first quarter of 2026.
Dec 22, 2025, 9:30 PM
Laird Superfood to Acquire Navitas Organics, Secures $50 Million in Funding
LSF
M&A
Convertible Preferred Issuance
New Projects/Investments
- Laird Superfood has entered into an agreement to acquire Navitas LLC (Navitas Organics) for $38.5 million in cash, with the transaction expected to close in Q1 2026.
- The acquisition is being funded through a $50 million convertible preferred equity instrument from Nexus Capital Management, which also includes an option to draw up to an additional $60 million for future strategic opportunities.
- Navitas Organics reported annual revenues of nearly $36.4 million in 2024 with a 32.7% gross margin in the same year, and is growing double digits.
- Laird Superfood achieved net sales of more than $43 million in fiscal year 2024 and anticipates 15% net sales growth in 2025.
- The combined entity is projected to have a pro forma annual revenue base of approximately $80 million during 2024, and the acquisition is considered a "first step" in building a portfolio of health and wellness brands.
Dec 22, 2025, 9:30 PM
Laird Superfood Announces Acquisition of Navitas Organics
LSF
M&A
Convertible Preferred Issuance
New Projects/Investments
- Laird Superfood has entered into an agreement to acquire Navitas LLC (Navitas Organics) for $38.5 million in cash.
- The acquisition will be funded through a $50 million convertible preferred equity instrument from Nexus Capital Management, with an option to draw up to an additional $60 million for future strategic opportunities. Both the acquisition and investment are expected to close in Q1 2026.
- Navitas Organics, founded in 2003, generated nearly $36.4 million in annual revenues in 2024 with a 32.7% gross margin and is growing double digits.
- Laird Superfood reported more than $43 million in net sales during fiscal year 2024 and expects 15% net sales growth in 2025.
- The combined pro forma annual revenue base for 2024 is approximately $80 million, strengthening Laird Superfood's position in the superfoods and wellness markets and offering significant commercial and operational synergies.
Dec 22, 2025, 9:30 PM
Laird Superfood Announces Navitas LLC Acquisition and Nexus Capital Investment
LSF
M&A
Convertible Preferred Issuance
Board Change
- Laird Superfood, Inc. has entered into an agreement to acquire Navitas LLC for $38.5 million in cash.
- The acquisition is expected to be funded through a private placement of $50.0 million of Series A Convertible Preferred Stock to affiliates of Nexus Capital Management, LP.
- The transactions are anticipated to close in the first quarter of 2026, subject to customary closing conditions and approval by Laird's stockholders.
- Upon closing, Nexus Capital's equity interest in Laird Superfood would represent approximately 53.5% of the company's diluted outstanding stock, and the board of directors will be reconstituted to include five Nexus director designees out of nine members.
Dec 22, 2025, 9:05 PM
Laird Superfood to Acquire Navitas LLC
LSF
M&A
Convertible Preferred Issuance
New Projects/Investments
- Laird Superfood has agreed to acquire Navitas LLC for $38.5 million in cash.
- The acquisition, expected to close in the first quarter of 2026, will be funded by a $50 million convertible preferred equity investment from affiliates of Nexus Capital Management.
- This deal is intended to advance Laird's strategy to build a scaled, diversified platform in functional nutrition, expanding its e-commerce and retail reach with Navitas’ organic powders, berries, and seeds.
- Investors reacted positively to the announcement, lifting LSF shares roughly 7.3%.
Dec 22, 2025, 12:10 PM
Laird Superfood Reports Q3 2025 Financial Results
LSF
Earnings
Guidance Update
- Laird Superfood, Inc. reported Net Sales of $12.9 million for the third quarter of 2025, marking a 10% increase compared to the prior year period.
- For Q3 2025, the company achieved a Gross Margin of 36.5% and a positive Adjusted EBITDA of $0.2 million, or $0.01 per diluted share.
- Year-to-date Net Sales for 2025 reached $36.5 million, an increase of 15% over the corresponding prior year period, with cash, cash equivalents, and restricted cash totaling $5.3 million as of September 30, 2025.
- Management projects full-year 2025 Net Sales growth of approximately 15% and expects to achieve breakeven Adjusted EBITDA for the full year.
Nov 10, 2025, 9:43 PM
Laird Superfood Reports Third Quarter 2025 Financial Results
LSF
Earnings
Guidance Update
Demand Weakening
- Laird Superfood reported Net Sales of $12.9 million for the third quarter ended September 30, 2025, marking a 10% increase compared to the corresponding prior year period.
- The company's Gross Margin was 36.5% in Q3 2025, compared to 43.0% in the prior year period.
- Laird Superfood posted a Net Loss of $1.0 million, or $0.09 per diluted share, and Adjusted EBITDA of $0.2 million, or $0.01 per diluted share, for the third quarter of 2025.
- For the full year 2025, management expects Net Sales growth of approximately 15%, a Gross Margin in the upper 30% range, and anticipates achieving breakeven Adjusted EBITDA.
Nov 10, 2025, 9:05 PM
BranchOut Food Reports Record Q3 Results and Operational Milestones
LSF
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- BranchOut Food reported Q3 revenue of approximately $3.2 million, bringing year-to-date revenue to $9.7 million, a 93% increase year-over-year.
- The company achieved a record production month in September, producing over 38,500 kg of finished product, establishing a $16 million annualized run rate and reaching its estimated breakeven production level.
- Current notes payable were significantly reduced by over 92%, from $6.39 million to approximately $0.5 million, after completing its At-The-Market (ATM) equity program.
- BranchOut Food is expanding production capacity with the commitment to purchase an additional EnWave REV™ 120kW machine to meet anticipated 2026 demand.
Oct 21, 2025, 10:30 AM
Laird Superfood Inc Reports Q1 2025 Earnings Results
LSF
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Net sales increased by 18% to $11.7 million in Q1 2025, marking the fifth consecutive quarter of double‐digit growth and demonstrating strong sales performance despite an inflationary environment.
- Gross margins improved to 41.9%, benefiting from operational efficiencies and a timing change in freight capitalization, while adjusted EBITDA turned positive at $0.4 million compared to a loss previously.
- The company resolved prior out-of-stock issues and achieved near-equal balance between wholesale (accounting for approximately 47% of net sales) and e-commerce channels, with full-year guidance projecting net sales of $52–$54 million and maintaining gross margins in the upper 30s.
May 7, 2025, 9:01 PM
LSF Announces Auditor Change Effective Immediately
LSF
Auditor Change
- Laird Superfood, Inc. dismissed its previous independent auditor, Moss Adams LLP, effective immediately as approved by the Board on March 10, 2025.
- The company engaged KPMG LLP as its new auditor for the fiscal year ending December 31, 2025, pending standard client acceptance procedures.
Mar 14, 2025, 12:00 AM
Quarterly earnings call transcripts for Laird Superfood.
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