Laird Superfood, Inc. Provides Earnings Guidance for the Year 2023
March 14, 2023 at 04:15 pm EDT
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Laird Superfood, Inc. provided earnings guidance for the year 2023. The company believe that strategic actions have taken in 2022, and continue to take in 2023, have positioned the business for net sales growth in the high single digits and gross margin in excess of 30%, excluding extraordinary events. Gross margin guidance excludes any one-time charges associated with the any non-recurring actions.
Laird Superfood, Inc. and its subsidiary, Picky Bars, LLC is a consumer products platform company. The Company is focused on manufacturing and marketing plant-based and functional foods. It creates plant-based superfood products that are both delicious and functional. The Companyâs core Laird Superfood platform includes Creamer coffee creamers, Hydrate hydration products and beverage enhancing supplements, harvest snacks and other food items, and functional roasted and instant coffees, teas, and hot chocolate. Coffee creamers include sales of powdered and liquid coffee creamers. Hydration and beverage enhancing supplements include sales of Hydrate coconut waters, Activate and Renew supplement lines, and mushroom botanical blends. Harvest snacks and other food items include ready to eat food offerings as well as baking and pancake mixes. Coffee, tea, and hot chocolate products include traditional and functional ground and whole bean coffee, and hot chocolate with functional mushroom.
LAIRD SUPERFOOD, INC. 
