On March 26, 2026, Laird Superfood, Inc. (NYSE American: LSF) announced its financial results for the fourth quarter and fiscal year ended December 31, 2025. The company reported record net sales of $49.9 million for the fiscal year, reflecting a 15% increase compared to the previous year. This growth was primarily driven by strong performance in the wholesale channel, which saw a 44% increase year-over-year, contributing 52% of total net sales. However, the company faced challenges with e-commerce sales, which decreased by 3% year-over-year, accounting for 50% of total net sales. The CEO, Jason Vieth, highlighted the company's efforts to strengthen its brand and expand distribution, particularly following the recent acquisition of Navitas Organics. Despite the positive sales growth, Laird Superfood reported a net loss of $3.3 million for the fiscal year, attributed to increased professional fees related to the acquisition and rising commodity costs. The company expects to continue its growth trajectory in 2026, projecting net sales growth in the high single digits and improved adjusted EBITDA as it integrates Navitas into its operations. The financial outlook reflects confidence in the company's strategy and operational execution moving forward.



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