LAIRD SUPERFOOD DL-,001

Laird Superfood appointed Matthew Spanjers to its board of directors effective Thursday; he will also join the compensation committee and is regarded as the designated representative of Gateway Superfood NSSIII and NSSIV (Nexus Capital). Spanjers brings experience from McKinsey, Krispy Kreme and his own consulting work. The company reported Q2 revenue rose to $41.3 million (prior year $12 million), driven by acquisitions such as Terrasoul and the integration of Navitas Superfoods, but posted a larger-than-expected loss of $0.25 per share; adjusted EBITDA rose to $3 million. Laird will grant Spanjers a standard indemnification agreement, cash compensation and stock options for outside directors. » More on de.investing.com

Laird Superfood reported net revenue of $41.3 million for Q2 2026 (versus $12 million a year earlier) and adjusted EBITDA of $3 million, driven by the acquisitions of Terrasoul and the integration of Navitas. The GAAP result was significantly worse than expected, with a loss of $0.25 per share versus an estimate of -$0.03, after which the stock rose after hours. Management reaffirmed the full-year guidance of $138–148 million in revenue and $8–12 million in adjusted EBITDA, but continues to expect gross margins in the low 30 percent range due to margin-weaker acquisitions and commodity costs. Expansion at Walmart, Target and Amazon, along with operational scale effects, are expected to drive further growth and margin improvement in H2. » More on de.investing.com

Laird Superfood expands distribution: Perform Coffee, Focus Coffee and the new Protein Creamer are now available in over 1,000 Walmart stores in the U.S. Perform and Focus Coffee are offered as ground coffee and in K-Cup capsules; their formulations include functional mushroom extracts and other botanical ingredients. The coconut milk–based Protein Creamer delivers 12 grams of plant protein per serving and contains MCTs, Lion’s Mane and a mineral marine algae complex. » More on de.investing.com