Laird Superfood Inc
AMEX:LSF
Laird Superfood Inc
Laird Superfood, Inc. engages in the manufacturing and marketing of plant-based and functional foods. The company is headquartered in Sisters, Oregon and currently employs 35 full-time employees. The company went IPO on 2020-09-23. The firm operates as an emerging consumer products platform focused on manufacturing and marketing plant-based and functional foods. The Company’s core Laird Superfood platform products include Superfood Creamer coffee creamers, Hydrate hydration products and beverage enhancing supplements, harvest snacks and other food items, and roasted and instant coffees, teas and hot chocolate. The Company’s creamers and coffee products include superfood creamers, coffees and instafuels. Its drink mixes and blends products include plant milk, renew blends, functional mushroom blends, activate mixes and hydrate coconut water. Its snacks and food products include snacks, breakfast, and baking mixes.
Laird Superfood, Inc. engages in the manufacturing and marketing of plant-based and functional foods. The company is headquartered in Sisters, Oregon and currently employs 35 full-time employees. The company went IPO on 2020-09-23. The firm operates as an emerging consumer products platform focused on manufacturing and marketing plant-based and functional foods. The Company’s core Laird Superfood platform products include Superfood Creamer coffee creamers, Hydrate hydration products and beverage enhancing supplements, harvest snacks and other food items, and roasted and instant coffees, teas and hot chocolate. The Company’s creamers and coffee products include superfood creamers, coffees and instafuels. Its drink mixes and blends products include plant milk, renew blends, functional mushroom blends, activate mixes and hydrate coconut water. Its snacks and food products include snacks, breakfast, and baking mixes.
Revenue Growth: Net sales rose 10% year-over-year to $12.9 million, led by strong wholesale channel performance.
Wholesale Strength: Wholesale sales grew 39% in Q3, now making up 53% of total net sales, as distribution expands in grocery and club stores.
Gross Margin Decline: Gross margin dropped to 36.5% from 43% last year, due to commodity inflation, channel mix, and the absence of a prior-year supplier settlement benefit.
Positive Cash Flow: Generated $1.1 million in positive operating cash flow and ended the quarter with $5.3 million in cash and no debt.
Guidance Updated: Full year 2025 net sales growth guidance updated to approximately 15%, with expectations to maintain gross margin in the upper 30s and reach breakeven adjusted EBITDA.
Product Innovation: Launching a new protein coffee (company's first dairy product) and refreshed liquid creamers with enhanced formulations and sustainable packaging.
Brand Focus: Decision made to discontinue the Picky Bars brand in 2026 to focus resources on Laird Superfood core offerings.
Tariff Relief: Key coconut milk products will not face new tariffs, improving 2026 outlook by over $1 million.
