FILING ANALYSIS · THURSDAY, NOVEMBER 12
Laird Superfood, Inc. LSF — 8-K: Results of Operations and Financial Condition
positive
Laird Superfood reported a 225% increase in third-quarter revenue to $42.0 million and net income of $1.7 million, driven by the acquisition of Navitas and Terrasoul, but gross margin compression due to inflationary costs and lower margins from Terrasoul. The company has $17.3 million in cash and no debt, positioning it for continued growth.
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