Laird Superfood expands distribution agreement with Costco

Published 2 months ago Positive
Laird Superfood expands distribution agreement with Costco
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* Shares of Laird Superfood (NYSE:LSF [https://seekingalpha.com/symbol/LSF]) took a leap higher late Wednesday after the company announced an expanded distribution deal [https://seekingalpha.com/pr/20200079-laird-superfood-expands-distribution-with-new-costco-availability-across-key-u-s-regions] with Costco (NASDAQ:COST [https://seekingalpha.com/symbol/COST]) which will make its popular products more widely available.
* As of last month, Laird’s Sweet and Creamy Superfood Creamer is now available every day at Costco (NASDAQ:COST [https://seekingalpha.com/symbol/COST]) warehouses in Los Angeles, San Diego, Hawaii, Colorado, and Arizona, and across select Southeast locations.
* Additionally, Perform Superfood Coffee is now available for a limited time at Costco (NASDAQ:COST [https://seekingalpha.com/symbol/COST]) locations in Los Angeles and Hawaii.
* As a “key growth milestone” for Laird (NYSE:LSF [https://seekingalpha.com/symbol/LSF]), shares reacted with a 13% gain into the close.

MORE ON LAIRD SUPERFOOD, COSTCO

* Costco: The End Of Multiple-Driven Returns [https://seekingalpha.com/article/4813230-costco-the-end-of-multiple-driven-returns]
* Costco: Kirkland Penetration Growth Continues [https://seekingalpha.com/article/4813041-costco-kirkland-penetration-growth-continues]
* Costco's Upside Is Already Priced In And Shares May Not Likely Move Higher [https://seekingalpha.com/article/4812975-costco-upside-already-priced-in-shares-may-not-likely-move-higher]
* What analysts are saying about Costco after another strong monthly sales report [https://seekingalpha.com/news/4481393-what-analysts-are-saying-about-costco-after-another-strong-monthly-sales-report]
* Laird Superfood reaffirms 20–25% net sales growth outlook for 2025 as wholesale surges 47% [https://seekingalpha.com/news/4481051-laird-superfood-reaffirms-20-25-percent-net-sales-growth-outlook-for-2025-as-wholesale-surges]