Laird Superfood Q1 net sales up 18% to $11.7M; posts positive adjusted EBITDA of $0.4M

Laird Superfood, Inc.

2026-Q1 EPS reported -$0.02 vs consensus -$0.16 ▲ beat (+87.6%)

Net Sales $11.7M (+18% YoY); e-commerce +6%, wholesale +35%; 53% of sales from e-commerce.
Gross Margin 41.9% (vs 40.0% YoY); includes ~3.3 pts from one-time inventory absorption; full-year guidance high 30s%.
Net Loss narrowed to $0.2M ($0.02 loss per share) from $1.0M ($0.11) in prior year quarter.
Adjusted EBITDA positive at $0.4M vs negative $0.7M YoY; fifth consecutive quarter of double-digit sales growth.
Reaffirms FY2025 guidance; supply chain issues resolved; expects gross margin to normalize to high 30s% for full year.

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