Laird Superfood, Inc. (LSF) Tops Q3 EPS by 1c
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Laird Superfood Reports Third Quarter 2022 Financial Results
November 10, 2022 4:05 PM ESTGross Margin improved 520 basis points sequentially to 23.4% Reaffirming Full Year 2022 Guidance
SISTERS, Ore.--(BUSINESS WIRE)-- Laird Superfood, Inc. (NYSE American: LSF) (Laird Superfood, we and our), today reported financial results for its third quarter ended September 30, 2022.
Third Quarter 2022 Highlights
Net Sales of $8.8 million compared to $8.7 million in the second quarter of 2022 and $10.9 million in the prior year period. Online contributed 66% of total Net Sales and decreased 8.3% year-over-year reflecting lower direct-to-consumer (DTC) revenues due to planned reductions in marketing... More