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LOCAL BOUNTI (NYSE: LOCL) STOCK QUOTE

Last Trade: US$2.59 0.02 0.78
Volume: 4,323
5-Day Change: -0.38%
YTD Change: 25.12%
Market Cap: US$21.420M

LATEST NEWS FROM LOCAL BOUNTI

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. "This is an amazing accomplishment for our entire organization which has worked tirelessly to... Read More
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... Read More
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.... Read More
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... Read More
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 . Conference Call The Company... Read More
Construction on track at Georgia , Texas and Washington facilities Reaffirms full year 2023 guidance of $34 to $40 million HAMILTON, Mont. , Aug. 9, 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 its financial results for the three... Read More
HAMILTON, Mont. , July 26, 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 second quarter ended June 30, 2023 before the market opens on Wednesday, August 9, 2023 . Conference Call The... Read More
Artisanal Chicken Caesar and Memphis Style BBQ Chicken Salad Kits to be available at select grocery stores beginning in June HAMILTON, Mont. , May 31, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, announced today the expansion of its Grab & Go Salad Kit line to include premium, antibiotic-free white meat chicken in two... Read More
Fabrega brings deep commercial and retail experience as former Freshly CEO and Amazon commerce executive Current Co-CEOs Craig Hurlbert and Travis Joyner to remain with the Company in leadership roles HAMILTON, Mont. , May 25, 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... Read More
Reaffirms full year 2023 guidance of $34 to $40 million HAMILTON, Mont. , May 10, 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 its financial results for the three months ended March 31, 2023 and reaffirmed full year 2023 guidance.... Read More
Sale-leaseback of its two California facilities provides financing to support the Company's growth plans HAMILTON, Mont. , May 3, 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 that it has completed its sale-leaseback transaction... Read More
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 . Conference Call The... Read More
Amended agreement with Cargill provides additional $110 million to fund construction at Georgia , Texas and Washington facilities Signs sale-leaseback transaction for $35 million HAMILTON, Mont. , March 29, 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... Read More
Secures up to $145 million of new financing to support growth Financings provide $50 million of cash to the balance sheet for operations Provides full year 2023 sales guidance of $34 to $40 million HAMILTON, Mont. , March 29, 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... Read More
HAMILTON, Mont. , March 21, 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 that Jennifer Carr-Smith has been appointed to the Company's Board of Directors ("Board") and will serve on the Compensation Committee of the Board, in each... Read More
Announces preliminary and unaudited fiscal 2022 sales of $19.5 million , adjusted gross margin* of 38%, net loss of $111.1 million , and adjusted EBITDA loss* of $29.8 million Company to hold fiscal 2022 earnings conference call on March 29, 2023 at 8 am ET HAMILTON, Mont. , March 17, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture... Read More
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 . Conference Call... Read More
HAMILTON, Mont. , March 3, 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 that it received notice from the New York Stock Exchange (the "NYSE") on February 28, 2023 , indicating that Local Bounti is not in compliance with NYSE's... Read More
Premium lettuce wrap kit features living butter lettuce grown with innovative indoor agriculture method, offering consumers a fresh, restaurant quality meal at home in about five minutes HAMILTON, Mont. , Jan. 11, 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... Read More
Currently operating the largest national distribution footprint in the industry, future operations in Texas signal Local Bounti's commitment to reduce food miles throughout the United States HAMILTON, Mont. , Jan. 4, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS), a leading U.S. controlled environment agriculture (CEA) company committed to growing locally and distributing nationally with the largest... Read More
Third quarter revenue of $6.3 million , compared to $0.2 million in the prior year period Previously announced 5-year offtake agreement with Sam's Club for Local Bounti's leafy greens production Reaffirms full year 2022 guidance HAMILTON, Mont. , Nov. 10, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best... Read More
5-year offtake agreement for Local Bounti's leafy greens production 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 an offtake agreement (the "Agreement") with Sam's Club for its leafy greens production starting at its advanced greenhouse facility in... Read More
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 third quarter ended September 30, 2022 before the market opens on Thursday, November 10, 2022 . Conference Call The Company will host a conference call with... Read More
Entered into Agreement for $23.3 million PIPE with Fidelity Management & Research Company, BNP Paribas and other existing investors including management 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 an equity raise to support the continued scale-up of... Read More
IFPA attendees can sample and experience chef-inspired, grab-and-go salads utilizing Local Bounti's sustainably and locally grown lettuces 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 showcase its recently launched chef-inspired, grab-and-go... Read More
New premium salads use greens grown with innovative indoor farming technique, resulting in fresher, better-tasting, and longer-lasting meals 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, announced the launch of its chef-inspired, grab-and-go salads utilizing its own... Read More
Innovative Stack & Flow Technology™ Wins Award for Achieving Significant Sustainability Breakthroughs in Farming 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, announced it has been awarded The Sustainability Leadership Award by the Business Intelligence Group as part... Read More
Second quarter revenue of $6.3 million , compared to $0.1 million in the prior year period Georgia facility commenced commercial operations in July 2022 Announces Texas as location of next facility Reaffirms full year 2022 guidance 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... Read More
Local Bounti Corporation (NYSE: LOCL) (NYSE: 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 second quarter ended June 30, 2022 before the market opens on Monday, August 15, 2022 . Conference Call The Company will host a conference call with... Read More
Innovative new CEA facility combines vertical and greenhouse technologies to grow sustainable produce year-round that lasts 3-5 times longer while using 90% less water and land Enhances East Coast presence to support demand from existing blue-chip retail customer base, including Albertsons, Kroger, Target, and Walmart, as well as Whole Foods and AmazonFresh Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or... Read More
Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that the Company will join the Russell 2000® Index after the conclusion of the 2022 annual reconstitution which will go into effect after the US market opens today, Monday, June 27, 2022 . The annual Russell... Read More
Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it will be participating virtually in the Cowen 2 nd Annual Sustainability & Energy Transition Summit to be held on June 7-8, 2022 . Craig Hurlbert , co-CEO, and Kathleen Valiasek , CFO, will... Read More
Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it will be participating in the BMO Global Farm to Market Conference to be held on May 18-19, 2022 . Craig Hurlbert , co-CEO, Travis Joyner , co-CEO, and Kathleen Valiasek , CFO, will host a... Read More
Georgia facility expected to commence operations in July 2022 Pasco, Washington facility advancing forward Reaffirms full year 2022 guidance 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 its first quarter 2022 results for the three months ended March... Read More
GreenStockNews
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 the issuance of its full year 2021 Corporate Sustainability Report. The report, which follows standards... Read More
GreenStockNews
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, 2022 , after the market closes... Read More
GreenStockNews
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 the successful completion of its acquisition of California -based complementary indoor farming company... Read More
GreenStockNews
Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it will be participating virtually in the J.P. Morgan Global ESG Conference to be held on March 22-24,... Read More
GreenStockNews
Transformative acquisition of Pete's will immediately open distribution to approximately 10,000 retail doors Full year 2021 gross margin of 32% Provides full year 2022 sales guidance of at least $20 million , including partial year contribution from anticipated Pete's acquisition Local Bounti Corporation (NYSE: LOCL, LOCL WS)... Read More
GreenStockNews
De-risks near-term operational execution, expanding upon existing market presence and creating a coast-to-coast footprint covering existing relationships at approximately 10,000 retail grocery doors. Enhances financial leadership within the controlled environment agriculture ("CEA") industry by improving already leading... Read More
GreenStockNews
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, 2021 before the market... Read More
GreenStockNews
Local Bounti Corporation (NYSE: LOCL)(Local Bounti), a breakthrough U.S. indoor agriculture company, today announced the issuance of its inaugural Corporate Sustainability Report. The report, which follows the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) standards and aligns with the... Read More

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