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Local Bounti

2.79

-0.7600-21.41%

Volume:54.44K

Turnover:166.79K

Market Cap:29.67M

PE:-0.20

High:3.50

Open:3.50

Low:2.73

Close:3.55

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Overview Company News Filings

Despite Fast-paced Momentum, Local Bounti (LOCL) Is Still a Bargain Stock

Are Consumer Staples Stocks Lagging Local Bounti (LOCL) This Year?

Local Bounti rises 18.7%

Local Bounti (LOCL) Is Attractively Priced Despite Fast-paced Momentum

Local Bounti’s Earnings Call Highlights Strategic Growth

Oppenheimer Adjusts Price Target on Local Bounti to $5 From $6, Keeps Outperform Rating

MT Newswires Live

Local Bounti : Oppenheimer Cuts Target Price to $5 From $6

THOMSON REUTERS

Local Bounti Corp (LOCL) Q4 2024 Earnings Call Highlights: Strategic Growth Amidst Challenges

Local Bounti Reports 2024 Financial Results and Leadership Change

BRIEF-Local Bounti Announces Full Year 2024 Financial Results

BRIEF-Local Bounti Corporation - Enters Restructuring Agreement With Cargill Financial - SEC Filing

Local Bounti Corp reports results for the quarter ended December 31 - Earnings Summary

Local Bounti Restructures Debt and Appoints New CEO

Local Bounti Q4 2024 GAAP EPS $(4.21) Misses $(2.87) Estimate, Sales $10.07M Miss $10.95M Estimate

Local Bounti Corporation - $197 Million of Existing Debt Extinguished

THOMSON REUTERS

Local Bounti Corp: on March 27, Craig M. Hurlbert Announced His Intention to Resign as CEO

THOMSON REUTERS

Local Bounti Corporation - Enters Restructuring Agreement With Cargill Financial - SEC Filing

THOMSON REUTERS

Local Bounti Q4 Gross Profit USD 540 Thousand

THOMSON REUTERS

Press Release: Local Bounti Announces Full Year 2024 Financial Results

Local Bounti Corp expected to post a loss of $2.87 a share - Earnings Preview

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Read on for the main highlights of the call. Local Bounti Corporation’s recent ea...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/local-bountis-earnings-call-highlights-strategic-growth?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/local-bountis-earnings-call-highlights-strategic-growth?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LOCL"],"gpt_icon":0},{"id":"2524130521","title":"Oppenheimer Adjusts Price Target on Local Bounti to $5 From $6, Keeps Outperform 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Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2524515990","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524515990?lang=en_us&edition=fundamental","pubTime":"2025-04-01 15:05","pubTimestamp":1743491149,"startTime":"0","endTime":"0","summary":"Revenue: Full year sales increased 38% to $38.1 million compared to $27.6 million in 2023.Adjusted Gross Margin: Consistent with the prior year at approximately 27%, excluding depreciation and stock-based compensation.Debt Reduction: Nearly 40% reduction in debt through a debt extinguishment of approximately $197 million.New Funding: Secured $27.5 million of new funding, including $25 million of equity and $2.5 million in CapEx financing.Interest Rate: Reduced to approximately 6%, about half of the previous rate.First Quarter 2025 Sales Outlook: Anticipated to be approximately $11.5 million.Expense Reduction: Reduced annualized expenses by $3 million in the first quarter of 2025.Store Expansion: Expanded distribution to 191 Walmart stores and additional commitments to serve 13 Walmart distribution centers.GuruFocus has detected 5 Warning Signs with LOCL.Local Bounti Corp  secured $27.5 million in new funding, including $25 million of equity from new and existing investors.Local Bounti ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/local-bounti-corp-locl-q4-070549512.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["WMT","LOCL"],"gpt_icon":1},{"id":"2524360071","title":"Local Bounti Reports 2024 Financial Results and Leadership Change","url":"https://stock-news.laohu8.com/highlight/detail?id=2524360071","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524360071?lang=en_us&edition=fundamental","pubTime":"2025-04-01 11:56","pubTimestamp":1743479795,"startTime":"0","endTime":"0","summary":"Local Bounti Corporation ( ($LOCL) ) has released its Q4 earnings. Here is a breakdown of the information Local Bounti Corporation presented to its...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/local-bounti-reports-2024-financial-results-and-leadership-change?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/local-bounti-reports-2024-financial-results-and-leadership-change?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LOCL","BK4189"],"gpt_icon":0},{"id":"2524906127","title":"BRIEF-Local Bounti Announces Full Year 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2524906127","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524906127?lang=en_us&edition=fundamental","pubTime":"2025-04-01 06:42","pubTimestamp":1743460931,"startTime":"0","endTime":"0","summary":"BRIEF-Local Bounti Announces Full Year 2024 Financial ResultsMarch 31 (Reuters) - Local Bounti Corp LOCL.N:LOCAL BOUNTI ANNOUNCES FULL YEAR 2024 FINANCIAL RESULTSSource text: ID:nPn5MjmdDaFurther company coverage: LOCL.N ((Reuters.Briefs@thomsonreuters.com;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nTUA1WVFLG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LOCL","BK4189"],"gpt_icon":0},{"id":"2524906589","title":"BRIEF-Local Bounti Corporation - Enters Restructuring Agreement With Cargill Financial - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2524906589","media":"Reuters","labels":["executive","corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524906589?lang=en_us&edition=fundamental","pubTime":"2025-04-01 06:31","pubTimestamp":1743460310,"startTime":"0","endTime":"0","summary":"BRIEF-Local Bounti Corporation - Enters Restructuring Agreement With Cargill Financial - SEC FilingLocal Bounti Corp LOCL.N:LOCAL BOUNTI CORPORATION - ENTERS RESTRUCTURING AGREEMENT WITH CARGILL FINANCIAL - SEC FILINGLOCAL BOUNTI CORPORATION - $139 MILLION OF LOANS CANCELLED UNDER SENIOR CREDIT AGREEMENT - SEC FILINGLOCAL BOUNTI CORPORATION - $197 MILLION OF EXISTING DEBT EXTINGUISHEDLOCAL BOUNTI CORP: ON MARCH 27, CRAIG M. HURLBERT ANNOUNCED HIS INTENTION TO RESIGN AS CEOLOCAL BOUNTI CORP: APPOINTED HURLBERT AS EXECUTIVE CHAIRMAN ON MARCH 27, EFFECTIVE AS OF MARCH 31,LOCAL BOUNTI CORP: ON MARCH 27, APPOINTED KATHLEEN VALIASEK AS CEOSource text: [ID:n0001193125-25-068740]Further company coverage: LOCL.N","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nFWN3QE129:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive,corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LOCL","BK4189"],"gpt_icon":0},{"id":"2524777179","title":"Local Bounti Corp reports results for the quarter ended December 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2524777179","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524777179?lang=en_us&edition=fundamental","pubTime":"2025-04-01 04:45","pubTimestamp":1743453906,"startTime":"0","endTime":"0","summary":"Local Bounti Corp reports results for the quarter ended December 31 - Earnings SummaryLocal Bounti Corp LOCL.N reported a quarterly adjusted loss of $4.21 per share for the quarter ended December 31, ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250331:nL5N3QE1NW:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LOCL"],"gpt_icon":0},{"id":"2524977756","title":"Local Bounti Restructures Debt and Appoints New CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2524977756","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524977756?lang=en_us&edition=fundamental","pubTime":"2025-04-01 04:35","pubTimestamp":1743453326,"startTime":"0","endTime":"0","summary":"Local Bounti Corporation ( ($LOCL) ) has provided an update. 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