---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030980"
form_type: "8-K"
ticker: "LSF"
cik: "0001650696"
company_name: "Laird Superfood, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:40:27.563938+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Laird Superfood Q3 net sales $9.2M, gross margin 31%, net loss narrows to $2.7M

## Summary
- Net sales $9.2M versus $7.7M in Q2 2023 and $8.8M in Q3 2022; YoY growth of 4.5%.
- Gross margin 31.0%, up 758 bps from 23.4% in Q3 2022, driven by co-manufacturing model.
- Net loss $2.7M ($0.28 per share) compared to $5.7M ($0.63) in Q3 2022; improvement from margin expansion and lower spend.
- Wholesale sales up 42.8% YoY (47% of total); e-commerce down 16.6% (53% of total) due to planned media reduction and prior out-of-stock issue now resolved.
- Adjusted net loss $2.8M ($0.30 per share) versus $5.6M ($0.61) in prior year period.

## SEC filing metadata
- accession: 0001437749-23-030980
- form_type: 8-K
- ticker: LSF
- cik: 0001650696
- company_name: Laird Superfood, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650696/000143774923030980/0001437749-23-030980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650696/000143774923030980/lsf20231012_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030980
- JSON: https://secwatch.observer/filing/0001437749-23-030980.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030980.txt

## Key facts
- Earnings Releases
  Laird Superfood, Inc. reported financial results for three and nine months ended September 30, 2023.
  - Period: three and nine months ended September 30, 2023
  - Result: reported results
  source text: On November 8, 2023, Laird Superfood, Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650696/000143774923030980/0001437749-23-030980-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.