LSF Earnings Prediction
The chart below shows how LSF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LSF sees a +3.15% change in stock price 10 days leading up to the earnings, and a +18.45% change 10 days following the report. On the earnings day itself, the stock moves by +3.12%. This data can give you a slight idea of what to expect for the next quarter's release.
LSF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
11.78M
28.29%
17.72%
Gross Margin
43.00%
38.62%
2.97%
Operating Margin
-2.28%
-92.49%
-32.54%
Net Margin
-1.41%
-95.12%
-41.00%
EPS
-0.02
-92.86%
-0.00%
No Data Available
LSF Earnings Analysis
Laird Superfood, Inc. Corporation (LSF.A) Earnings Conference Call
Positive
Strong Net Sales Growth: In the third quarter, we grew net sales by an impressive 28%, marking the third straight quarter with strong double-digit net sales growth.
E-commerce Sales Surge: Q3 net sales growth was once again led by our e-commerce business, which grew by an outstanding 42% year-over-year.
Sales Surge in 2024: Amazon sales once again led the way, increasing by more than 132%, driven by superior commercial execution and bolstered by stronger inventory positions in 2024.
DTC Platform Growth: Our DTC platform also grew by 10%, even while up against a very challenging lap, given the level of promotional productivity that we executed a year ago.
Gross Margin Expansion: During Q3, we expanded our gross margin to 43%, which represents a 12-point increase versus the third quarter of 2023 and marks the fourth straight quarter that we have achieved at least a 40% gross margin.
Negative
Net Sales Growth Challenges: In the third quarter, net sales grew by an impressive 28%, marking the third straight quarter with strong double-digit net sales growth. However, despite this growth, the company faced challenges in maintaining product availability on retailer shelves, which has been a significant operational challenge throughout 2024.
Net Loss Decline: The net loss for the third quarter was $0.2 million, which is $2.5 million worse than during the prior year period, indicating a decline in profitability.
Operating Expenses Analysis: Operating expenses decreased by $0.3 million in the third quarter compared to the third quarter last year, driven by lower sales and marketing costs, but this was offset by higher general and administrative expenses.
Gross Margin Improvement: The company reported a gross margin of 43% in the third quarter, which represents a 12-point increase versus the third quarter of 2023, but this improvement was largely due to cost-saving initiatives rather than revenue growth.
Growth Channel Limitations: Despite a strong performance in the third quarter, the company acknowledged that it has not yet begun to expand into the conventional grocery channel, which may limit future growth opportunities.
LSF FAQs
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LSF Earning Call Sentiment
Laird Superfood, Inc. (LSF) Q3 2024 Earnings Call Transcript
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00:00
00:00
LSF.A
-1.73%Positive
The earnings call indicates strong net sales and e-commerce growth, improved gross margins, and positive cash flow, which are positive indicators. Despite minor inventory challenges, the company is strategically expanding distribution and managing expenses effectively. The Q&A section highlights promising growth in e-commerce and new products, though some responses were vague. The lack of shareholder return plans slightly dampens sentiment, but overall, the positive financial performance and strategic growth initiatives suggest a positive stock price movement.
