secwatch.observer — SEC 8-K summary
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Issuer:     Laird Superfood, Inc. (LSF)
CIK:        0001650696
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0000950170-22-024428
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laird Superfood Q3 net sales $8.8M; gross margin up 520 bps sequentially to 23.4%
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- Net sales of $8.8M, down 19% YoY from $10.9M; online accounted for 66% of total.
- Gross margin 23.4%, up 520 bps sequentially but down 600 bps YoY on fixed-cost deleverage.
- Net loss $5.7M ($0.63/diluted share); adjusted net loss $5.6M ($0.61), improved from Q2's $6.2M.
- Full-year 2022 guidance reaffirmed; no specific updated figures provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650696/000095017022024428/0000950170-22-024428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650696/000095017022024428/lsf-20221110.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-024428

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer