|Bid||35.04 x 900|
|Ask||35.33 x 900|
|Day's Range||34.81 - 36.25|
|52 Week Range||31.00 - 60.80|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Laird Superfood, Inc. (NYSE American: LSF) ("Laird Superfood" or the "Company") today announced that on May 3, 2021 it entered into a definitive agreement to purchase all of the equity interests of fellow Central-Oregon based Picky Bars, LLC, innovators in the healthy snack industry focused on nutritionally balanced, real-food products to fuel performance, for a total purchase price of $12.0 million in cash and stock subject to a customary post-closing working capital adjustment. The transaction closed simultaneously with execution. The transaction represents an acquisition multiple of approximately 1.2x estimated 2022 revenue. Laird Superfood expects the transaction to be supportive of its path to an improving gross margin profile and accretive to the net income (loss) of Laird Superfood in 2022 and beyond. In 2021, the Company does not expect the transaction to have any meaningful impact on the Company’s net income (loss) per share.
Laird Superfood, Inc. (NYSE American: LSF) will report financial results for the first quarter ended March 31, 2021 on Thursday, May 13, 2021 after market close. Management will host a webcast at 5:00 p.m. ET on the same day to discuss the results.
Laird Superfood, Inc. (NYSE American: LSF), creator of assorted plant-based superfood products, today announced the launch of its customized bundles of Laird Superfood products through their personalized Daily Ritual program. This launch stems from Laird Superfood’s desire to help customers perform at their best no matter what they’re doing with their Better Food. Better You. mission. The Daily Ritual bundles were created to achieve maximum energy and focus throughout the day for optimal performance. Each ritual kickstarts the day with clean, plant-based fuel that is created to last throughout the afternoon. Consisting of Laird Superfood functional favorites, each step of the Ritual was thoughtfully planned to support customers in their daily routine.