Local Bounti Corporation
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- Local Bounti Corporation Local Bounti Corporation (NYSE: LOCL) operates as a controlled environment agriculture company that cultivates and distributes fresh, sustainably grown leafy greens and herbs using proprietary Stack & Flow Technology, a hybrid of vertical and hydroponic greenhouse systems; the company produces living lettuce, loose-leaf lettuce, arugula, spinach, basil, other herbs, salad kits, and berries, emphasizing pesticide-free, non-GMO products with extended shelf life through root-on harvesting and minimal processing without chlorine baths or triple washing. Founded in 2018 and headquartered in Hamilton, Montana, Local Bounti maintains greenhouses across the United States, including locations in California (Oxnard, Carpinteria), Georgia (Byron), Texas (Mt. Pleasant), Montana (Hamilton), and Washington (Pasco), enabling year-round production within approximately 400 miles of consumers to reduce food miles, water usage by up to 90%, and land requirements compared to traditional field farming; it serves grocery retailers, foodservice distributors, and partners such as Walmart, Brookshire Grocery, Sam's Club, and Markon Cooperative. In recent developments, Local Bounti launched a family-size salad kit at Walmart in the Pacific Northwest in October 2025, appointed Dane Almassy as Chief Commercial Officer in August 2025, secured $10 million in convertible note financing from existing investors alongside a $10 million credit facility debt reduction in August 2025, entered an agreement to pack private label Butter Living for Markon Cooperative in 2025, and reported 19% year-over-year revenue growth in its third quarter 2025 results while advancing strategic partnership discussions for capital-efficient expansion.
Company News
Local Bounti Corporation (LOCL) Q2 2026 Earnings Call Prepared Remarks Transcript
Local Bounti Announces Second Quarter 2026 Financial Results
Local Bounti to Release Second Quarter 2026 Financial Results on Wednesday, August 12, 2026
Local Bounti Launches Distribution at Harris Teeter Across Entire Footprint
Local Bounti Named as Exclusive CEA Honoree on the TIME World's Growth Leaders 2026 List
Local Bounti Announces First Quarter 2026 Financial Results
Local Bounti to Release First Quarter 2026 Financial Results on Wednesday, May 13, 2026
Local Bounti to Participate in the BMO Global Farm to Market Conference
Head-To-Head Analysis: Forafric Global (NASDAQ:AFRI) versus Local Bounti (NYSE:LOCL)
Local Bounti Q4 Earnings Call Highlights
Local Bounti Corporation (LOCL) Q4 2025 Earnings Call Prepared Remarks Transcript
Local Bounti Announces Fourth Quarter and Full Year 2025 Financial Results
Local Bounti to Release Full Year 2025 Financial Results on Wednesday, March 25, 2026
Local Bounti (LOCL) to Release Earnings on Monday
Local Bounti Secures $15 Million of New Capital to Advance Growth Strategy
Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) vs. Local Bounti (NYSE:LOCL) Head to Head Survey
Local Bounti Receives Continued Listing Standard Notice from NYSE
Local Bounti (NYSE:LOCL) & Scotts Miracle-Gro (NYSE:SMG) Head-To-Head Comparison
CHS (NASDAQ:CHSCP) & Local Bounti (NYSE:LOCL) Head to Head Review
Local Bounti Corporation (LOCL) Q3 2025 Earnings Call Prepared Remarks Transcript