Laird Superfood Reports Second Quarter 2024 Financial Results [Yahoo! Finance]
Laird Superfood, Inc. (LSF)
Company Research
Source: Yahoo! Finance
BOULDER, Colo., August 07, 2024 BUSINESS WIRE )--Laird Superfood, Inc. (NYSE American: LSF) ("Laird Superfood," the "Company," "we," and "our") today reported financial results for the second quarter ended June 30, 2024. Jason Vieth, Chief Executive Officer, commented , "I am pleased to report that our second quarter results once again demonstrate tremendous progress in the two most important financial measures for our business – namely, strong sales growth and sustained margin improvement. After reporting 22% Net Sales growth in Q1 of this year, our Net Sales growth accelerated to 30% in Q2, with both sales channels growing and led by 80% growth on Amazon and 32% growth on DTC. At the same time, Net Sales in our Wholesale business grew by 9%, and our retail scanner sales by an even more impressive 30%, demonstrating a healthy business across all sales channels. In addition, our Gross Margin was 41.8% during Q2 marking the third consecutive quarter that it has been in excess of 40%
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LSF
Earnings
- 8/7/24 - Beat
LSF
Sec Filings
- 8/26/24 - Form EFFECT
- 8/23/24 - Form 424B3
- 8/20/24 - Form S-3/A
- LSF's page on the SEC website