Laird Superfood Q1 sales rise but miss estimates

Laird Superfood

14/05/2026 21:15

Overview

Plant-based superfood maker's Q1 net sales rose 20% yr/yr but missed analyst expectations

Q1 net income turned positive, aided by tax benefit from Navitas acquisition

Company completed Navitas acquisition in March and Terrasoul acquisition in April

Outlook

Laird Superfood expects 2026 net sales of $138 mln to $148 mln

Company sees 2026 adjusted EBITDA of $8 mln to $12 mln, excluding one-time integration costs

Company says near-term results will reflect integration costs from recent acquisitions

Result Drivers

NAVITAS ACQUISITION - Addition of Navitas Organics contributed to net sales growth and boosted both wholesale and e-commerce channels

GROSS MARGIN PRESSURE - Gross margin declined due to unfavorable channel and product mix, inflationary commodity costs, and import tariffs

TAX BENEFIT IMPACT - Net income was driven by a discrete income tax benefit from the release of valuation allowance on deferred tax liabilities acquired with Navitas

Company press release: ID:nBw79YjGda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Miss
$13.90 mln
$14.51 mln (3 Analysts)
Q1 EPS
$0.12
Q1 Net Income
$1.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Laird Superfood Inc is $5.00, about 66.7% above its May 13 closing price of $3.00

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)