Laird Superfood, Inc. (LSF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Thank you for attending the Laird Superfood first quarter 2025 financial results call. My name is Matt and I'll be the operator for today's call. All lines will be muted during the presentation portion of the call for an opportunity for questions and answers at the end. If you'd like to ask a question, please press star one on your telephone keypad. I'll now have to pass the conference over to our host, Trevor Russo, head of investor relations. Trevor, please go ahead. Thank you and good afternoon. Welcome to Laird Superfood's first quarter 2025 earnings conference call and webcast. On today's call are Jason Beef, Laird Superfood's President and Chief Executive Officer, and Anya Hamel, our Chief Financial Officer. By now, everyone should have access to the company's earnings release, which is today after market close. It is available on the investor relations section of Laird Superfood's website at www.lairdsuperfood.com. Before we begin, please note that during this call, management may make forward-looking statements within the context of federal securities laws. These statements are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those described. Please refer to today's press release and other filings of the SEC for a detailed discussion of these risks and uncertainties. With that, I'll turn the call over to Jason. Thank you, Trevor. And hello, everyone. I'm delighted to share with you the results for Laird Superfood's first quarter of 2025, which marked another strong period as a high growth premium brand, robust margins and significant market potential. During Q1 2025, we achieved an 18% year over year increase in net sales to $11.7 million, up from $9.9 mill...