/PRNewswire/ This $1.5 trillion market may be the hottest megatrend of the last few years, and it s set to grow even bigger in the years ahead. With major.
This $1.5 trillion market may be the hottest megatrend of the last few years, and it’s set to grow even bigger in the years ahead.
With major health conditions from heart disease to diabetes on the rise, health and wellness has become a .
Laird Superfood Expands Product Line For An Enhanced Evening Ritual bevnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bevnet.com Daily Mail and Mail on Sunday newspapers.
NetworkNewsWire Editorial Coverage NEW YORK, May 12, 2021 /PRNewswire/ The exploding interest in all things plant-based has taken root around the world. And the trend is about much more
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Transaction Expected to be Net Income (Loss) Accretive in 2022
Management to Host Prepared Remarks at 8:30 am ET Today
Laird Superfood, Inc. (NYSE: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 hav