| Local Bounti Corporation (LOCL) Q1 2025 Earnings Call Transcript |
Local Bounti Corporation (NYSE:LOCL ) Q1 2025 Earnings Conference Call May 14, 2025 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Craig Hurlbert - Executive Chairman Kathleen Valiasek - President, Chief Executive Officer and Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer & Company Ben Klieve - Lake Street Capital Markets Operator Good morning and welcome to Local Bounti's First Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2025-05-16 02:28:56 |
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| Local Bounti Corporation (LOCL) Reports Q1 Loss, Tops Revenue Estimates |
Local Bounti Corporation (LOCL) came out with a quarterly loss of $4.32 per share versus the Zacks Consensus Estimate of a loss of $1.31. This compares to loss of $2.89 per share a year ago. |
zacks.com |
2025-05-14 13:25:48 |
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| Local Bounti Announces First Quarter 2025 Financial Results |
Reports 38% Year-Over-Year Revenue Growth and Reaffirms Path to Positive Adjusted EBITDA in Third Quarter 2025 Through Expanded Distribution, Yield Improvements, and Disciplined Cost Management HAMILTON, Mont. , May 14, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the three months ended March 31, 2025 and provided its revenue outlook for second quarter 2025. |
prnewswire.com |
2025-05-14 11:15:00 |
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| Local Bounti to Release First Quarter 2025 Financial Results on Wednesday, May 14, 2025 |
HAMILTON, Mont. , May 12, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal first quarter ended March 31, 2025 before the market opens on Wednesday, May 14, 2025. |
prnewswire.com |
2025-05-12 12:35:00 |
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| Will Local Bounti Corporation (LOCL) Report Negative Q1 Earnings? What You Should Know |
Local Bounti (LOCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-05-01 15:07:10 |
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| Has Local Bounti (LOCL) Outpaced Other Consumer Staples Stocks This Year? |
Here is how Local Bounti Corporation (LOCL) and Nomad Foods (NOMD) have performed compared to their sector so far this year. |
zacks.com |
2025-04-29 14:40:28 |
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| Despite Fast-paced Momentum, Local Bounti (LOCL) Is Still a Bargain Stock |
Local Bounti (LOCL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2025-04-21 13:50:35 |
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| Are Consumer Staples Stocks Lagging Local Bounti (LOCL) This Year? |
Here is how Local Bounti Corporation (LOCL) and Primo Brands (PRMB) have performed compared to their sector so far this year. |
zacks.com |
2025-04-08 14:40:41 |
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| Local Bounti (LOCL) Is Attractively Priced Despite Fast-paced Momentum |
Local Bounti (LOCL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2025-04-04 13:50:56 |
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| Local Bounti Corporation (LOCL) Q4 2024 Earnings Call Transcript |
Local Bounti Corporation (NYSE:LOCL ) Q4 2024 Earnings Conference Call March 31, 2025 4:30 PM ET Company Participants Jeff Sonnek - Investor Relations, ICR Craig Hurlbert - Executive Chairman Kathleen Valiasek - Chief Executive Officer and Chief Financial Officer Conference Call Participants Ben Klieve - Lake Street Capital Markets Operator Greetings and welcome to Local Bounti's Fourth Quarter 2024 Earnings Conference Call. At this time, all participants will be in a listen-only mode. |
seekingalpha.com |
2025-03-31 22:32:36 |
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| Local Bounti Announces Full Year 2024 Financial Results |
Secured $27.5 million of new funding - closed $25 million of new equity proceeds and $2.5 million of capex financing under executed term sheet and completed the restructuring of its existing credit facility – including a nearly 40% reduction through debt extinguishment of approximately $197 million, a significantly lower interest rate, and extended repayment terms with no cash payments until April 2027 Announces leadership succession and new Board appointments – President Kathleen Valiasek succeeds Craig Hurlbert as CEO, Mr. Hurlbert named Executive Chairman Further expansion of regional distribution with Walmart HAMILTON, Mont. |
prnewswire.com |
2025-03-31 20:05:00 |
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| Local Bounti to Release Full Year 2024 Financial Results on Monday, March 31, 2025 |
HAMILTON, Mont. , March 28, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal full year ended December 31, 2024 after the market closes on Monday, March 31, 2025. |
prnewswire.com |
2025-03-28 11:00:00 |
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| Local Bounti Announces Multi-Year Award with Large Multinational Retailer |
New distribution underscores Local Bounti's customer-centric approach and commercial momentum HAMILTON, Mont. , Dec. 16, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has received a two-year award from a large multinational retailer (the "Retailer") to supply Local Bounti's living butter lettuce product to 13 of the Retailer's distribution centers from Local Bounti's California and new Texas facilities. |
prnewswire.com |
2024-12-16 10:00:00 |
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| Local Bounti Corporation (LOCL) Q3 2024 Earnings Call Transcript |
Local Bounti Corporation (NYSE:LOCL ) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Craig Hurlbert - Co-Founder and Chief Executive Officer Kathleen Valiasek - President and Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer & Co. Inc. Benjamin Klieve - Lake Street Capital Markets Operator Good morning, and welcome to Local Bounti's Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2024-11-14 22:25:24 |
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| Local Bounti Corporation (LOCL) Reports Q3 Loss, Misses Revenue Estimates |
Local Bounti Corporation (LOCL) came out with a quarterly loss of $4.01 per share versus the Zacks Consensus Estimate of a loss of $2.78. This compares to loss of $3.02 per share a year ago. |
zacks.com |
2024-11-14 11:25:27 |
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| Local Bounti Announces Third Quarter 2024 Financial Results |
Commercial momentum accelerating with expanded product assortment and increased growing capacity Increased scale driving strategic discussions with customers to align respective footprints for next chapter of growth HAMILTON, Mont. , Nov. 14, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended September 30, 2024 and provided expectations for fourth quarter 2024. |
prnewswire.com |
2024-11-14 09:15:00 |
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| Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024 |
HAMILTON, Mont., Nov. 11, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal third quarter ended September 30, 2024 before the market opens on Thursday, November 14, 2024. |
prnewswire.com |
2024-11-11 18:05:00 |
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| Local Bounti Corporation (LOCL) Q2 2024 Earnings Call Transcript |
Local Bounti Corporation (NYSE:LOCL ) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Craig Hurlbert - Co-Founder & Chief Executive Officer Kathleen Valiasek - President & Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer & Company Ben Klieve - Lake Street Capital Markets Scott Fortune - ROTH Capital Markets Operator Good morning, and welcome to the Local Bounti Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2024-08-13 17:17:07 |
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| Local Bounti Corporation (LOCL) Reports Q2 Loss, Lags Revenue Estimates |
Local Bounti Corporation (LOCL) came out with a quarterly loss of $3 per share versus the Zacks Consensus Estimate of a loss of $3.19. This compares to loss of $1.35 per share a year ago. |
zacks.com |
2024-08-13 13:25:35 |
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| Local Bounti Announces Second Quarter 2024 Financial Results |
Recently began shipping to Sam's Club and Brookshire's out of Texas facility Negotiating an additional $175 million financing commitment for a total of up to $400 million in capital commitments to support 2024 and future projects including working capital and strategic growth capital — anticipate closing in third quarter of 2024 Reiterates full year 2024 sales guidance of $50 to $60 million, representing a doubling of revenue versus 2023 HAMILTON, Mont. , Aug. 13, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended June 30, 2024 and reiterated full year 2024 guidance. |
prnewswire.com |
2024-08-13 11:15:00 |
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| Local Bounti Now Shipping Product to Brookshire Grocery Company |
Expanded distribution brings Local Bounti's full assortment of product offerings to more than 180 BGC locations HAMILTON, Mont. , Aug. 12, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it is now shipping to Brookshire Grocery Company ("BGC") locations from its new Mount Pleasant, Texas facility. |
prnewswire.com |
2024-08-12 12:00:00 |
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| Local Bounti to Release Second Quarter 2024 Financial Results on Tuesday, August 13, 2024 |
HAMILTON, Mont. , Aug. 9, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal second quarter ended June 30, 2024 before the market opens on Tuesday, August 13, 2024. |
prnewswire.com |
2024-08-09 12:00:00 |
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| Local Bounti Expands Distribution with Sam's Club |
Now also Supplying Sam's Club from Local Bounti's Recently Opened Texas Facility HAMILTON, Mont. , July 22, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has expanded distribution with its customer, Sam's Club, for its leafy greens production with service commencing from the Company's recently opened CEA facility in Mount Pleasant, Texas. |
prnewswire.com |
2024-07-22 12:00:00 |
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| Local Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFO |
Added Role of President Reflects Ms. Valiasek's Impact on Improved Operating Efficiency HAMILTON, Mont. |
prnewswire.com |
2024-06-25 12:00:00 |
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| The Top 3 Food Technology Stocks to Buy to Feast on Profits |
Food tech is becoming increasingly relevant in the global shift towards more sustainable practices and diets. To fight climate change and its adverse effects on our planet, consumers strongly prefer plant-based and vegan diets and brands that use sustainable sources. |
investorplace.com |
2024-06-24 14:00:00 |
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| Local Bounti Announces NYSE Acceptance of Plan to Regain Listing Compliance |
HAMILTON, Mont. , June 20, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, announced today it received notification (the "Acceptance Letter") from the New York Stock Exchange ("NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards. |
prnewswire.com |
2024-06-20 12:00:00 |
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| Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Mount Pleasant, Texas with Ribbon Cutting Ceremony |
Expected to create approximately 50 jobs in the Mount Pleasant area Innovative CEA facility combines vertical and greenhouse technologies to grow sustainable produce year-round using less water and land HAMILTON, Mont. , May 16, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, announced today it will hold a ribbon cutting ceremony on Tuesday, June 18, 2024 from 1:00 to 4:00 pm local time to mark the official opening of its latest state-of-the-art controlled environment agriculture (CEA) facility in Mount Pleasant, Texas. |
prnewswire.com |
2024-05-16 12:00:00 |
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| Local Bounti Corporation (LOCL) Q1 2024 Earnings Call Transcript |
Local Bounti Corporation (NYSE:LOCL ) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Craig Hurlbert - Co-Founder & Chief Executive Officer Kathleen Valiasek - Chief Financial Officer Conference Call Participants Kristen Owen - Oppenheimer Ben Klieve - Lake Street Capital Markets Operator Good morning and welcome to Local Bounti's First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2024-05-10 21:16:10 |
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| Local Bounti Announces First Quarter 2024 Financial Results |
First customer deliveries from Washington and Texas facilities shipping in second quarter Expands penetration in Pacific Northwest and Texas with new retail customers, including Albertsons Seattle and Brookshire's Expected to close on $228 million of financing commitments in the second quarter to support 2024 projects — including additional capacity at existing facilities and building of a new greenfield facility in the Midwest Grab-and-Go Salad Kits gaining distribution momentum Provides full year 2024 sales guidance of $50 to $60 million, representing a doubling of revenue versus 2023 HAMILTON, Mont. , May 9, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the three months ended March 31, 2024 and provided initial full year 2024 guidance. |
prnewswire.com |
2024-05-09 11:15:00 |
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| Local Bounti to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024 |
HAMILTON, Mont. , May 6, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal first quarter ended March 31, 2024 before the market opens on Thursday, May 9, 2024. |
prnewswire.com |
2024-05-06 21:07:00 |
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| Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting Ceremony |
Innovative CEA facility combines vertical and greenhouse technologies to grow sustainable produce year-round using 90% less water and land Enhances rapidly growing national distribution footprint, which is the largest in the CEA industry Expected to create more than 40 jobs in the Tri-Cities region HAMILTON, Mont. , April 23, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, announced today that it will mark the opening of its new controlled environment agriculture (CEA) facility in Pasco, Washington with a ribbon cutting ceremony on Tuesday, May 7, 2024, from 1:00 to 4:00 pm local time. |
prnewswire.com |
2024-04-23 12:00:00 |
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| 3 Vegan Stocks to Buy Now: Q2 Edition |
With recent trends centered not only around the health of humans but of our planet and all its inhabitants, vegan diets are more popular than ever. Plant substitutes for meat are just the beginning as plant-based, vegan-friendly foods are becoming available in stores, restaurants, and public institutions like schools. |
investorplace.com |
2024-04-20 10:34:00 |
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