Laird Superfood cuts FY25 revenue growth view to about 15% from 20%-25%

Consensus $52.2M. The company states: “Based on year-to-date performance, management now expects full-year 2025 Net Sales growth of approximately 15%. It is worth noting that as our business shifts more toward wholesale, variability may increase due to the timing of larger orders from key customers; regardless, we remain confident in the underlying demand trends that support our full-year growth outlook. Management continues to expect full-year Gross Margin to be in the upper 30% range, supported by ongoing productivity initiatives and cost-management actions that are anticipated to offset commodity inflation, tariffs, and other cost pressures. The Company also reaffirms its expectation of achieving breakeven Adjusted EBITDA for the full year and continues to anticipate reporting a Net Loss on a GAAP basis for fiscal 2025.”