earnings
confidence high
sentiment positive
materiality 0.70
Laird Superfood FY2024 net sales $43.3M (record, +27%); Q4 net sales $11.6M (+26%)
Laird Superfood, Inc.
- FY2024 net sales $43.3M, up 27% YoY; gross margin 40.9%; cash increased $0.8M.
- Q4 2024 net sales $11.6M (+26% YoY); e-commerce +12% (58% of sales), wholesale +52%.
- Q4 net loss $0.4M ($0.04 per diluted share) vs net income $0.1M a year ago.
- Q4 adjusted EBITDA $0.2M vs $0.3M a year ago; decrease driven by higher personnel costs.
- CEO cites best performance as public company; first-time positive cash flow for fiscal year.