Recent Updates — LSF
Laird Superfood appointed Mark Johnson as Chief Financial Officer and principal accounting officer, effective October 1, 2026. Mr. Johnson brings over 25 years of finance experience in consumer-packaged-goods sectors including beverage, food, and pet food, previously serving as Vice President of Finance for North America at Tropicana Brands Group. His compensation includes a $375,000 annual base salary with a target cash bonus equal to 50% of base salary, prorated for his start date. The company operates in the consumer packaged goods industry, specifically creating plant-based superfood products.
Laird Superfood appointed Matthew Spanjers as a director effective August 13, 2026. Spanjers serves as a designee of Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC (the Investor), an affiliate of Nexus Capital Management LP, pursuant to an investment agreement dated December 21, 2025. He will also serve on the compensation committee. Spanjers brings extensive food and beverage experience, having previously served as Chief Growth Officer at Krispy Kreme and holding senior roles at Caribou Coffee and Einstein Bros. Bagels. He holds an MBA from Stanford Graduate School of Business. As a non-employee director, he will receive cash compensation and stock options consistent with the company's existing program. This is Laird Superfood, Inc., a manufacturer and marketer of plant-based superfood products.
Laird Superfood reported second quarter 2026 financial results with net sales increasing 244% year-over-year to $41.3 million, driven by the acquisitions of Navitas and Terrasoul Superfoods and expanded retail distribution. The company posted a net loss of $1.8 million ($0.25 per share) compared to a $0.4 million loss in the prior year period, primarily due to acquisition and integration costs. Adjusted EBITDA improved significantly to $3.0 million from $0.1 million in the comparable prior year quarter. Cash reserves increased to $23.2 million following proceeds from Series A Preferred Stock issuance, which offset consideration paid for recent acquisitions. The company reaffirmed its full-year 2026 guidance, expecting consolidated net sales between $138 million and $148 million and Adjusted EBITDA between $8 million and $12 million. Laird Superfood operates in the consumer packaged goods industry, manufacturing and distributing plant-based superfood products including coffee solutions, functional foods, and ingredients.
Anya Hamill has announced her resignation as Chief Financial Officer of Laird Superfood, Inc., effective August 31, 2026. The company has initiated a search for a permanent successor, considering both internal and external candidates. Hamill's departure is not related to any disagreements with management or the board, nor does it involve concerns regarding financial integrity, accounting policies, or internal controls. Laird Superfood, Inc. is a consumer goods company that produces superfood-based products.
Laird Superfood, Inc. filed an amendment to its previous 8-K to provide historical financial statements and pro forma financial information regarding its acquisition of Terrasoul Superfood, LLC and a concurrent $60.0 million private placement of 60,000 shares of Series A Preferred Stock at $1,000 per share. Laird Superfood, Inc. operates in the health food industry and produces superfood products.