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Laird Superfood falls 10% after posting wider-than-anticipated Q4 loss
Laird Superfood (NYSE American:LSF) reported a wider-than-anticipated Q4 loss of -$0.16 per share, significantly missing analyst estimates of -$0.07, causing shares to fall by 10.3%. Despite the earnings miss, the company’s revenue of $13.3 million topped expectations and grew 15% year-over-year. The increased loss was attributed to professional fees from the Navitas Organics acquisition and higher procurement costs due to commodity inflation and tariffs.