Laird Superfood, Inc. (AMEX:LSF) Q1 2024 Earnings Call Transcript

Anya Hamill: Yes. Alex, this is Anya. Thanks for the question. I’ll take this one. And yes, so I’d say that was also the outcome of our strategic shift and how we think about trade and promotional strategies. So DTC that you just talked about is certainly contributing to that trend but also our wholesale business with retail and club business specifically, we have reinvented our promotional approach there to really try to cut out any inefficient trade and really focus on programs that directly impact consumers and drive our velocities at shelves. Yes. And we expect this to continue throughout the rest of the year.

Operator: Thank you. At this time, there are no further questions registered in the queue. [Operator Instructions] All right, team, we do not have any further questions registered in the queue. So I will turn the call back over for any final concluding remarks.

Jason Vieth: I just want to say thanks to all of you for once again joining us on the call. For us, this has gotten more and more exciting each quarter. This has clearly been a story that over the last 6 quarters or so has been a turnaround. And it’s nice to be coming through that and be able to indicate that we’re on the cusp of really putting some big growth numbers against this business. And in this quarter, I think it was the first to really bear that out but it’s still very much in line with the guidance that we had previously given. So I feel like we’re doing what we said we were aiming to do and really excited to bring the next quarters in and continue that same story. So, thanks everybody for joining.

Operator: That concludes today’s call. Thank you all for your participation and you may now disconnect your lines.