Laird Superfood lowers FY25 revenue growth forecast to approximately 15% from the previous estimate of 20%-25%
Sales Growth Expectation: The company anticipates a 15% growth in Net Sales for the full year 2025, influenced by a shift towards wholesale business and variability in order timing from key customers.
Gross Margin and Cost Management: Management expects Gross Margin to remain in the upper 30% range, supported by productivity initiatives and cost-management strategies to counteract inflation and other cost pressures.
Adjusted EBITDA Outlook: The company reaffirms its goal of achieving breakeven Adjusted EBITDA for the full year, indicating a focus on improving operational efficiency.
Net Loss Projection: Despite the positive outlook on sales and EBITDA, the company continues to expect a Net Loss on a GAAP basis for fiscal 2025.
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- Product Innovation: Laird Superfood has launched a dairy-based Protein Coffee with Lion's Mane Mushroom, containing 10 grams of quality protein per serving, addressing consumer demand for clean, additive-free dairy products and marking a significant expansion in the functional coffee sector.
- Market Positioning: The new product intentionally combines fast-absorbing whey protein with slower-digesting milk protein, not only supporting muscle recovery but also providing lasting satiety and energy, thereby strengthening the brand's competitive edge in the health beverage market.
- Sales Channels: The dairy protein coffee is already available at Sprouts Farmers Market, LairdSuperfood.com, and Amazon, retailing at $19.99, which is expected to attract a broader consumer base and drive sales growth for the brand.
- Brand Philosophy: Laird Superfood is committed to offering simple, minimally processed foods, and the introduction of this dairy line expands its product range, reflecting the brand's dedication to meeting diverse consumer needs while maintaining strict nutritional standards.
- Acquisition Announcement: Laird Superfood has announced the acquisition of Navitas LLC for $38.5 million in cash, which is expected to be funded through a $50 million private placement of preferred stock, demonstrating the company's commitment to expanding its footprint in functional nutrition.
- Funding Source: The acquisition will be financed through the issuance of Series A Preferred Stock to Nexus Capital Management LP, with the transaction expected to close in the first quarter of 2026, thereby enhancing Laird Superfood's capital structure and market competitiveness.
- Market Integration: The addition of Navitas is set to broaden Laird Superfood's product lineup and strengthen its position in the rapidly growing superfoods and wellness market, with anticipated synergies through the integration of supply chains and distribution channels.
- Strategic Development: This acquisition aligns with Nexus's investment, indicating Laird Superfood's strategy to expand its positive nutrition platform by acquiring more health-focused food brands to meet the increasing consumer demand for health and sustainability.

Acquisition Details: Laird Superfood (LSF) is set to acquire Navitas LLC for $38.5 million, funded by a $50 million private placement of Series A Convertible Preferred Stock led by Nexus Capital Management, with the deal expected to close in Q1 2026.
Strategic Benefits: The acquisition aims to enhance Laird's functional nutrition offerings and expand its retail and e-commerce presence, generating synergies through integrated sourcing, supply chains, and new product development.
Nexus Capital Management's Role: Nexus will initially invest in 50,000 shares of Series A Preferred Stock at $1,000 per share, with an option for additional investment, and will hold approximately 53.5% ownership of Laird on a diluted basis post-acquisition.
Laird Superfood's Financial Outlook: Laird Superfood anticipates a 15% sales growth for the full year, despite a recent earnings report showing a non-GAAP EPS of $0.01 and revenue of $12.89 million, which fell short of expectations.
- Product Expansion: Laird Superfood has expanded its Hydrate line with two new flavors, Wild Berry and Tropical Punch, enhancing its product offerings and catering to health-conscious consumers, which is expected to attract a broader customer base.
- Commitment to Healthy Ingredients: All Hydrate products feature real-food ingredients and include Aquamin™ red marine algae, providing bioavailable calcium and magnesium, thereby enhancing the nutritional value and elevating the brand's image.
- Clear Market Positioning: CEO Jason Vieth emphasizes the brand's commitment to offering hydration products free from artificial ingredients and excessive sugars, aiming to meet the needs of athletes and health-conscious consumers, thus strengthening its competitive edge in the market.
- Diverse Sales Channels: The new products are now available on LairdSuperfood.com and Amazon, broadening sales channels and expected to increase market reach and consumer engagement.

- Product Line Expansion: Laird Superfood has introduced two new flavors, Wild Berry and Tropical Punch, to its Hydrate line, aiming to meet consumer demand for healthy beverages and further solidify its position in the functional drink market.
- Commitment to Healthy Ingredients: All Hydrate products feature real-food ingredients and include Aquamin™ seaweed extract, providing bioavailable calcium and magnesium, which aligns with consumer expectations for health and nutrition.
- Market Positioning: CEO Jason Vieth emphasizes the brand's commitment to offering hydration products free from artificial ingredients and added sugars, targeting consumers sensitive to sports drink components and enhancing brand loyalty.
- Convenient Packaging Innovation: The Hydrate Original flavor is now available in single-serve packets, allowing consumers to enjoy the product on-the-go, which expands market reach and enhances purchasing convenience for consumers.







