Wellness products maker LFTD Partners' Q3 revenue rises, faces impact from hemp ban

LFTD Partners

17/11/2025 11:41

Overview

LFTD Partners Q3 revenue grows 4% yr/yr, with improved operating and net income

Company faces potential adverse effects from federal legislation banning hemp-derived products

Federal legislation may lead to goodwill and investment impairment charges

Outlook

Company anticipates federal legislation could eliminate half or more of Lifted's sales

Company expects goodwill impairment charges due to federal legislation

Company foresees significant inventory write-offs due to federal legislation

Result Drivers

REVENUE GROWTH - Revenue increased by 4% yr/yr to $9.06 mln, driven by sales of hemp-derived products

LEGISLATION IMPACT - New federal law could eliminate half or more of Lifted's sales, impacting revenue significantly

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.04


Press Release: ID:nGNX1yMTqz

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(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.)