secwatch.observer — SEC 8-K summary
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Issuer:     Laird Superfood, Inc. (LSF)
CIK:        0001650696
Form:       8-K
Filed at:   2026-05-14T20:15:29+00:00
Accession:  0001437749-26-017062
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Laird Superfood Q1 net sales up 20% to $13.9M; net income $1.8M vs loss year ago
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- Net sales $13.9M (+20% YoY); Navitas contributed $1.6M; wholesale +37%.
- Gross margin 33.3% vs 41.9% YoY due to mix, commodity costs, tariffs, and prior-year inventory benefit.
- Net income $1.8M ($0.12 per basic share) vs net loss of $0.2M in Q1 2025, driven by tax benefit from Navitas acquisition.
- Adjusted EBITDA -$1.1M vs +$0.4M, reflecting inflationary costs, tariffs, and higher marketing expenses.
- Completed acquisitions of Navitas Organics (March) and Terrasoul Superfoods (April 2026) to build multi-brand platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650696/000143774926017062/0001437749-26-017062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650696/000143774926017062/lsf20260429_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-017062

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