Workflow
Lifeway Foods(LWAY)
icon
Search documents
Lifeway Foods(LWAY) - 2024 Q3 - Quarterly Report
2024-11-14 14:00
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, No Par Value LWAY NASDAQ Global Market Preferred Stock Purchase Rights n/a NASDAQ Global Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT O ...
Lifeway Foods® Announces Strong Results for the Third Quarter and Nine Months Ended September 30, 2024
Prnewswire· 2024-11-14 14:00
Year-to-date net sales of $139.9 million; up 18.5% year-over-yearHeightened interest in probiotic foods with bioavailable nutrients drives volume growth of Lifeway Kefir and Farmer Cheese20th consecutive quarter of year-over-year growthYear-to-date gross profit margin increased to 26.2%MORTON GROVE, Ill., Nov. 14, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today reported ...
Lifeway Foods® to Report Third Quarter 2024 Results on November 14, 2024
Prnewswire· 2024-11-08 21:49
MORTON GROVE, Ill., Nov. 8, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced it will report financial results for the third quarter ended September 30, 2024 on November 14, 2024 before market hours.A pre-recorded conference call and webcast with Julie Smolyanksy, Lifeway's President and Chief Executive Officer, discussing these results with additional comments and ...
Edward and Ludmila Smolyansky Support Danone Bid to Acquire Lifeway Foods (NASDAQ: LWAY)
Prnewswire· 2024-11-07 21:46
CHICAGO, Nov. 7, 2024 /PRNewswire/ -- On September 23, 2024, Danone SA (OTCQX: DANOY) proposed to acquire Lifeway Foods (NASDAQ: LWAY) in a transaction valued at approximately $283 million, offering $25 per share in cash. However, on November 6, the Lifeway Foods Board of Directors rejected the offer, instead adopting a "poison pill" limited shareholder rights plan.Edward and Ludmila Smolyansky, significant shareholders and members of Lifeway Foods' founding family, released the following statement in respo ...
Lifeway Foods® Announces Expanded Kefir and Farmer Cheese Distribution Deal in Dubai and U.A.E.
Prnewswire· 2024-11-07 15:41
Lifeway CEO Julie Smolyansky announces substantial new distribution during Gulfood Manufacturing exhibitionDUBAI, UAE, Nov. 7, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. manufacturer of kefir and fermented probiotic products, announced today an expanded distribution agreement in the United Arab Emirates market. The offering of 32oz Lifeway Kefir, 8oz Lactose-Free Lifeway Kefir, ProBugs and farmer cheese, exported from the United States, is expected t ...
LIFEWAY FOODS REJECTS PROPOSAL FROM DANONE AND ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN
Prnewswire· 2024-11-05 14:00
MORTON GROVE, Ill., Nov. 5, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that its Board of Directors (the "Board") has rejected the unsolicited proposal made on September 23, 2024 by Danone North America PBC ("Danone") to acquire all the shares of Lifeway that it does not already own for $25.00 per share.After careful and thorough consideration, conducted in c ...
Lifeway Foods® Introduces 10 New, Hot and On-Trend Organic Kefir Flavor Fusions to its Single Serve Lineup
Prnewswire· 2024-10-08 17:33
MORTON GROVE, Ill., Oct. 8, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products that support the microbiome, announced today the release of 10 new innovative flavors to its on-the-go 8-ounce line of organic kefir. Lifeway is known for creating trends and recognizing consumers' evolving tastes and needs, and these new flavor combinations represent a fresh offering in the dairy space, inspired by global flavor insights and market research. ...
Small Cap Momentum: 3 Top Ranked Stocks Crushing the Market
ZACKS· 2024-10-02 18:56
Regular readers of my writeups know that I am a huge fan of trading momentum stocks, as momentum is one of the market's premier anomalies. But when investors combine momentum with the Zacks Rank, they really get something special. By using the Zacks Stock Screening tool, I have filtered for the stocks with the strongest three-month momentum. I also focused the results on stocks with five-year sales growth greater than 15% annually and stocks with either a Zacks Rank #1 (Strong Buy) or Zacks Rank #2 (Buy) ra ...
Are You Looking for a Top Momentum Pick? Why Lifeway Foods (LWAY) is a Great Choice
ZACKS· 2024-10-02 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...
Lifeway (LWAY) Stock Jumps 23.6%: Will It Continue to Soar?
ZACKS· 2024-09-25 13:06
Lifeway Foods (LWAY) shares soared 23.6% in the last trading session to close at $26.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.2% gain over the past four weeks. Lifeway's shares soared after Danone proposed to acquire the remaining ownership stake it does not already own. Danone North America PBC sent a letter proposing to purchase the outstanding Lifeway shares at $25 per share in cash. At present, Danone holds a 23 ...