Lifeway Foods (LWAY) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 47.06%. A quarter ago, it was expected that this dairy and cheese company would post earnings of $0.24 per share when it actually produced earnings of $0.16, delivering a surprise of -33.33%. Over the last four quar ...

CHICAGO, Aug. 13, 2024 /PRNewswire/ -- Son and mother Edward and Ludmila Smolyansky, significant shareholders of Lifeway Foods, Inc. (NASDAQ: LWAY), today announced the filing of a consent statement with the U.S. Securities and Exchange Commission, marking the launch of their "Life Back to Lifeway" campaign. The campaign seeks to replace the health food company's current Board of Directors, including CEO Julie Smolyansky, with leadership committed to revitalizing the company with a strategic vision aligned ...

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 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: June 30, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ ...

Demand for Bioavailable Foods like Kefir Soars Net sales of $49.2 million; up 25.3% year-over-year driven by volume growth of Lifeway Kefir 19th consecutive quarter of year-over-year growth MORTON GROVE, Ill., Aug. 13, 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 reported financial results for the second quarter ended June 30, 2024. "Our incredible momentum continued in ...

MORTON GROVE, Ill., Aug. 6, 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 second quarter ended June 30, 2024 on August 13, 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 deta ...

MORTON GROVE, Ill., July 1, 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 the Company has been included in the Russell 2000® and Russell 3000® Indexes, as part of the annual reconstitution of the Russell stock indexes, effective at the open of U.S. equity markets on July 1, 2024. The Russell indexes are widely used by investment managers and institutional ...

The company's main product is kefir, a cultured dairy drink that is similar to yogurt and is high in probiotics, which support gut health. The product is also high in calcium, potassium, vitamin D, and is a good source of protein, while remaining low in fat and sugars. The drink is well known in other countries outside of the United States, but is starting to catch on with health-conscious consumers within the U.S. in recent years. I would say that Lifeway is one of the most recognizable brands in this nich ...

Lifeway Foods, Inc. (LWAY) posted first-quarter 2024 results, wherein the top line beat the Zacks Consensus Estimate, while the bottom line missed the same. Both net sales and earnings experienced a year-over-year increase.Amid macro headwinds, LWAY has notably achieved a significant boost in net sales,particularly driven by strategic sales and marketing investments. These investments are evidently driving volume growth and increasing awareness among consumers. Lifeway Foods has achieved 18th consecutive qu ...

The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Lifeway Foods (LWAY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.Lifeway Foods is a member of the Consumer Staples sector. This group includes 191 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector ...

Lifeway Foods, Inc. (NASDAQ:LWAY) Q1 2024 Earnings Conference Call May 14, 2024 9:00 AM ET Company Participants Julie Smolyansky - Chairperson of the Board, President and CEO Conference Call Participants Operator Good morning. Welcome to Lifeway Foods' First Quarter 2024 Conference Call. On the call with me today is Julie Smolyansky, President and Chief Executive Officer. By now, everyone should have access to the press release that went out this morning. If you have not received the release, it is availabl ...