Laird Superfood, Inc. (LSF) Tops Q1 EPS by 31c
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Laird Superfood Reports First Quarter 2023 Financial Results
May 10, 2023 4:15 PM EDTCompleted supply chain transformation, yielding improved margins, and shifted mix toward wholesale
BOULDER, Colo.--(BUSINESS WIRE)-- Laird Superfood, Inc. (NYSE American: LSF) (Laird Superfood, we and our), today reported financial results for its first quarter ended March 31, 2023.
First Quarter 2023 Highlights
Net Sales of $8.1 million, in line with our annual operating plan, compared to $9.3 million in the prior year period. Wholesale contributed 45% of total Net Sales and decreased 5.9% year-over-year, primarily due to higher discounts related to one-time product quality... More