Laird Superfood, Inc. re-affirmed earnings guidance for the year 2023. The company anticipates that an uncertain economic environment with historically high inflation rates impacting consumer spending will continue into the remaining quarters of 2023. The company also believe that strategic actions took in 2022, and continue to take in 2023, have begun to bear fruit as evident in the first quarter results and are well on the way to achieving annual operating targets.

The company re-confirm guidance to achieve gross margin in excess of 30% in fiscal 2023, and expect net sales growth to be in the mid to high single digits.