News

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.
    05/15/2025

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.
    05/14/2025
Profitability
Dividends
Income Statement
Balance Sheet
Cash Flow Statement
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The price of Local Bounti Corporation (LOCL) is 3.04 and it was updated on 2025-07-03 11:00:25.

Currently Local Bounti Corporation (LOCL) is in undervalued.

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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.
    Wed, May. 14, 2025

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.
    Mon, May. 12, 2025

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.
    Thu, May. 01, 2025

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.
    Tue, Apr. 29, 2025

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.
    Mon, Apr. 21, 2025
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Press Releases
StockPrice Release
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News

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.
  • 04/08/2025

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.
  • 04/04/2025

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.
  • 03/31/2025

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.
  • 03/31/2025

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.
  • 03/28/2025

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.
  • 12/16/2024

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.
  • 11/14/2024

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.
  • 11/14/2024

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.
  • 11/14/2024

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.
  • 11/11/2024

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.
  • 08/13/2024

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.
  • 08/13/2024

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.
  • 08/13/2024

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.
  • 08/12/2024

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.
  • 08/09/2024

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.
  • 07/22/2024

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.
  • 06/25/2024

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.
  • 06/24/2024

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.
  • 06/20/2024

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.
  • 05/16/2024

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.
  • 05/10/2024

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.
  • 05/09/2024

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.
  • 05/06/2024

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.
  • 04/23/2024

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.
  • 04/20/2024

Local Bounti Receives Continued Listing Standard Notice from NYSE

  • HAMILTON, Mont., April 5, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that on April 3, 2024, it received a notice (the "Notice") from the New York Stock Exchange (the "NYSE") that it is not in compliance with the NYSE continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual (the "Minimum Market Capitalization Standard") due to the fact that the Company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its stockholders' equity was less than $50 million.
  • 04/05/2024

Local Bounti Corporation (LOCL) Reports Q4 Loss, Lags Revenue Estimates

  • Local Bounti Corporation (LOCL) came out with a quarterly loss of $8.10 per share versus the Zacks Consensus Estimate of a loss of $3.18. This compares to loss of $3.90 per share a year ago.
  • 03/27/2024

Local Bounti Announces Full Year 2023 Financial Results

  • Georgia facility demonstrating further improvement year-to-date — packed pounds increased 50% versus December 2023 and 3x versus a year ago Commenced operations at Washington and Texas facilities in January, expect to begin shipping product to customers in the second quarter 2024 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 Announces national expansion of Grab-and-Go Salad Kits Montana facility to transition from R&D to commercial production mid-year to support increased customer demand and revenue and EBITDA goals Received patent for proprietary Stack & Flow Technology® Preliminary first quarter 2024 revenue grew 22% sequentially to approximately $8.4 million HAMILTON, Mont. , March 27, 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 and twelve months ended December 31, 2023 and provided preliminary first quarter 2024 sales results.
  • 03/27/2024

Local Bounti to Release Full Year 2023 Financial Results on Wednesday, March 27, 2024

  • HAMILTON, Mont., March 26, 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 full year ended December 31, 2023 before the market opens on Wednesday, March 27, 2024.
  • 03/26/2024

3 Stock Picks to Ride the Vertical Farming Wave

  • Many agricultural stocks are looking upward to vertical farming to expand their market share and income opportunities. Vertical farming describes a range of techniques that, rather than letting produce and plants grow across the ground, create tiered or towered platforms to grow upward.
  • 03/01/2024

Local Bounti Receives Patent for Stack & Flow Technology®

  • HAMILTON, Mont. , Feb. 21, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, announced today that the United States Patent and Trademark Office issued a patent to the Company on February 13, 2024 for its proprietary Stack & Flow Technology.
  • 02/21/2024

Local Bounti Amends Cargill Credit Facility and Receives Funds for Working Capital

  • Company receives $15 million in cash from Cargill as part of amended credit facility New facilities begin to ramp  ̶  Washington seeded and Texas expected to commence seeding by end of January 2024  ̶  provides capacity for new product introductions to support long-term revenue diversification and expansion HAMILTON, Mont. , Jan. 24, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has secured additional cash to fund working capital as part of its amended credit facility with Cargill Financial Services International, Inc. ("Cargill").
  • 01/24/2024

3 Tantalizing Stocks to Invest in the Future of Food

  • If you're wondering if there are any worthwhile food stocks to own currently, look no further. Food stocks saw collective investor enthusiasm fall off a cliff in recent years.
  • 01/07/2024

Urban Farming Frontiers: 3 Stocks Growing Greens in the City

  • The business of producing food is integral to societies everywhere. Historically, it was done primarily in rural settings.
  • 01/06/2024

Local Bounti Announces Leadership Transition and Provides Business Update

  • Board of Directors Re-Appoints Co-Founder Craig Hurlbert as Chief Executive Officer Georgia Facility Doubled Run-rate Production in December Provides Update to Full Year 2023 Sales Expectation HAMILTON, Mont. , Dec. 15, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced a leadership transition and a business update.
  • 12/15/2023

Local Bounti Corporation (LOCL) Reports Q3 Loss, Lags Revenue Estimates

  • Local Bounti Corporation (LOCL) came out with a quarterly loss of $3.02 per share versus the Zacks Consensus Estimate of a loss of $3.25. This compares to loss of $3.90 per share a year ago.
  • 10/30/2023

Local Bounti Announces Third Quarter 2023 Financial Results

  • Stack integration at Georgia facility complete, commenced operations in October 2023 Construction at Texas and Washington facilities remains on track Receives incremental financing commitments for working capital and future 2024 projects HAMILTON, Mont. , Oct. 30, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced its financial results for the three months ended September 30, 2023.
  • 10/30/2023

Local Bounti to Release Third Quarter 2023 Financial Results on Monday, October 30, 2023

  • HAMILTON, Mont., Oct. 30, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the third quarter ended September 30, 2023 after the market closes on Monday, October 30, 2023.
  • 10/30/2023

NYSE to Commence Delisting Proceedings with Respect to the Warrants of Local Bounti Corporation (LOCL WS)

  • NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of Local Bounti Corporation (the “Company”), thirteen exercisable for one share of common stock for $149.50 per share (the “Warrants”) — ticker symbol LOCL WS — from the NYSE. Trading in the Company's Warrants will be suspended immediately. Trading in the Company's common stock — ticker symbol LOCL — will.
  • 10/18/2023

Local Bounti Corporation (LOCL) Q2 2023 Earnings Call Transcript

  • Local Bounti Corporation (NYSE:LOCL ) Q2 2023 Earnings Conference Call August 9, 2023 8:00 AM ET Company Participants Jeff Sonnek - SVP, ICR Anna Fabrega - CEO Kathleen Valiasek - CFO Conference Call Participants Kristen Owen - Oppenheimer Ben Klieve - Lake Street Capital Markets Brian Wright - ROTH MKM Operator Good morning, and welcome to the Local Bounti's Second Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.
  • 08/09/2023

Local Bounti Corporation (LOCL) Reports Q2 Loss, Tops Revenue Estimates

  • Local Bounti Corporation (LOCL) came out with a quarterly loss of $1.35 per share versus the Zacks Consensus Estimate of a loss of $3.07. This compares to loss of $4.68 per share a year ago.
  • 08/09/2023

Local Bounti Corporation (LOCL) Q1 2023 Earnings Call Transcript

  • Local Bounti Corporation (NYSE:LOCL ) Q1 2023 Earnings Conference Call May 10, 2023 8:00 AM ET Company Participants Jeff Sonnek - SVP, ICR Craig Hurlbert - Co-Founder, Co-CEO & Chairman Travis Joyner - Co-CEO & Director Brian Cook - President Kathleen Valiasek - CFO Conference Call Participants Colin Rusch - Oppenheimer Benjamin Klieve - Lake Street Capital Markets Chris Barnes - Deutsche Bank Brian Wright - ROTH MKM Operator Good morning, and welcome to the Local Bounti's First Quarter 2023 Earnings Conference Call. [Operator Instructions].
  • 05/13/2023

Local Bounti Corporation (LOCL) Reports Q1 Loss, Tops Revenue Estimates

  • Local Bounti Corporation (LOCL) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.32 per share a year ago.
  • 05/10/2023

Local Bounti to Release First Quarter 2023 Financial Results on Wednesday, May 10, 2023

  • HAMILTON, Mont. , April 27, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the first quarter ended March 31, 2023 before the market opens on Wednesday, May 10, 2023.
  • 04/27/2023

Local Bounti Corporation (LOCL) Full Year 2022 Earnings Call Transcript

  • Local Bounti Corporation (NYSE:LOCL ) Full Year 2022 Earnings Conference Call March 29, 2023 8:00 AM ET Company Participants Jeff Sonnek – Investor Relations Craig Hurlbert – Co-Chief Executive Officer Travis Joyner – Co-Chief Executive Officer Brian Cook – President Kathleen Valiasek – Chief Financial Officer Conference Call Participants Ben Klieve – Lake Street Capital Markets Kristen Owen – Oppenheimer Jeff Drezner – Morgan Stanley Operator Good morning, and welcome to the Local Bounti's Full Year 2022 Earnings Conference Call. All participants will be in listen-only mode.
  • 03/29/2023

Local Bounti to Release Fiscal Full Year 2022 Financial Results on Wednesday, March 29, 2023

  • HAMILTON, Mont. , March 17, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the fiscal full year ended December 31, 2022 before the market opens on Wednesday, March 29, 2023.
  • 03/17/2023

Top Consumer Staples Stocks That Could Lead To Your Biggest Gains In February - The Real Good Food (NASDAQ:RGF), Local Bounti (NYSE:LOCL)

  • The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
  • 02/09/2023

4 Cheapest Defensive Stocks You Should Think About

  • The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
  • 02/01/2023

Local Bounti Vs. AppHarvest: Which Sustainable Farmer Will Grow Alpha?

  • Local Bounti and AppHarvest are both US-based controlled environment agriculture companies that went public in 2021 through the SPAC phenomenon. Both companies have seen their valuations get significantly discounted over the last 12 months on the back of rising interest rates, continued net losses, and the risk-off environment.
  • 01/22/2023

Local Bounti Corporation (LOCL) Q3 2022 Earnings Call Transcript

  • Local Bounti Corporation (NYSE:LOCL ) Q3 2022 Earnings Call Transcript November 10, 2022 8:00 AM ET Company Participants Jeff Sonnek - Managing Director, ICR Craig Hurlbert - Co-Chief Executive Officer Travis Joyner - Co-Chief Executive Officer Brian Cook - President Kathleen Valiasek - Chief Financial Officer Conference Call Participants Ben Klieve - Lake Street Capital Markets Colin Rusch - Oppenheimer Brian Wright - ROTH Capital Partners Christopher Barnes - Deutsche Bank Pamela Kaufman - Morgan Stanley Operator Good morning, and welcome to the Local Bounti's Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.
  • 11/11/2022

Billionaire Charles Schwab Just Bought Local Bounti (LOCL) Stock. Here's Why.

  • Charles Schwab just highlighted what may be the next breakout stock of the agricultural sector. Of course, the famed investor and founder of The Charles Schwab Corporation (NYSE: SCHW ) isn't known for staking bets on penny stocks.
  • 10/26/2022

Local Bounti Corporation (LOCL) CEO Craig Hurlbert on Q2 2022 Results - Earnings Call Transcript

  • Local Bounti Corporation (NYSE:LOCL ) Q2 2022 Results Conference Call August 15, 2022 8:00 AM ET Company Participants Craig Hurlbert - Co-Chief Executive Officer and Chairman of the Board Jeff Sonnek - Managing Director, ICR Brian Cook - President Travis Joyner - Co-Chief Executive Officer and Director Kathleen Valiasek - Chief Financial Officer Conference Call Participants Ben Klieve - Lake Street Capital Markets Brian Wright - ROTH Capital Partners Kristen Owen - Oppenheimer Christopher Barnes - Deutsche Bank Pamela Kaufman - Morgan Stanley Operator Good morning, and welcome to the Local Bounti's Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please also note today's event is being recorded.
  • 08/15/2022

Local Bounti Corporation (LOCL) CEO Craig M. Hurlbert on Q1 2022 Results - Earnings Call Transcript

  • Local Bounti Corporation (NYSE:LOCL ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Craig M. Hurlbert – Co-Chief Executive Officer and Chairman of the Board Jeff Sonnek – Managing Director, ICR Brian Cook – President Travis Joyner – Co-Chief Executive Officer and Director Kathleen Valiasek – Chief Financial Officer Conference Call Participants Kristen Owen – Oppenheimer Holdings Chris Barnes – Deutsche Bank Securities Ben Klieve – Lake Street Capital Markets Brian Wright – ROTH Capital Partners Operator Good afternoon and welcome to the Local Bounti's First Quarter 2022 Earnings Conference Call.
  • 05/09/2022

Local Bounti Corporation's (LOCL) CEO Craig Hurlbert on Q4 2021 Results - Earnings Call Transcript

  • Local Bounti Corporation's (LOCL) CEO Craig Hurlbert on Q4 2021 Results - Earnings Call Transcript
  • 03/15/2022

8 Stocks To Play The Plant-Based Food Trend

  • Plant-based products are fast becoming a popular alternative to regular meat and dairy products, with companies such as Tyson Foods TSN and Kellogg K entering the space. Restaurants and grocery stores are adopting the products, responding to the emerging trends of vegan diets.
  • 02/10/2022

Local Bounti Is Bringing Controlled Environment Agriculture To The Stock Market

  • Local Bounti went public at a time when the public market suddenly became repulsed by speculative high-growth small-cap companies. The company's common shares have fallen by almost 40% from its $10 SPAC reference price.
  • 12/27/2021
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