Lifeway Foods(LWAY)

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Lifeway Foods (LWAY) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-13 15:10
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 ...
Edward and Ludmila Smolyansky File Consent Statement to Change Leadership at Lifeway Foods (NASDAQ: LWAY)
Prnewswire· 2024-08-13 13:30
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 ...
Lifeway Foods® Announces Record Results for the Second Quarter Ended June 30, 2024
Prnewswire· 2024-08-13 13:00
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 ...
Lifeway Foods® to Report Second Quarter 2024 Results on August 13, 2024
Prnewswire· 2024-08-06 17:24
Core Viewpoint - Lifeway Foods, Inc. is set to report its financial results for the second quarter of 2024 on August 13, 2024, before market hours, highlighting its ongoing commitment to transparency and investor communication [1][2]. Company Overview - Lifeway Foods, Inc. is recognized as a leading supplier of kefir and fermented probiotic products in the U.S., with a diverse product line that includes drinkable kefir, various cheeses, and a ProBugs line targeted at children [3]. - The company has been acknowledged as one of Forbes' Best Small Companies, indicating its strong market position and reputation within the industry [3]. - Lifeway's products are distributed not only in the United States but also in Mexico, Ireland, and France, showcasing its international reach [3].
Lifeway Foods® Announces Inclusion in Russell 2000® Index
Prnewswire· 2024-07-01 22:20
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 ...
Lifeway Foods: The Selloff Is Overdone, This Microcap Stock Is Now A Strong Buy
Seeking Alpha· 2024-06-08 11:38
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 (LWAY) Q1 Earnings Miss, Sales Beat Estimates
Zacks Investment Research· 2024-05-15 16:41
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 q ...
Is Lifeway Foods (LWAY) Stock Outpacing Its Consumer Staples Peers This Year?
Zacks Investment Research· 2024-05-15 14:40
Over the past three months, the Zacks Consensus Estimate for LWAY's full-year earnings has moved 13.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. 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, ...
Lifeway Foods(LWAY) - 2024 Q1 - Quarterly Report
2024-05-14 13:00
Table of Contents 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: March 31, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 000-17363 LIFEWAY FOODS, INC. (Exact name of registrant as specified in its charter) (State or other jurisd ...
Lifeway Foods® Announces Record Results for the First Quarter Ended March 31, 2024
Prnewswire· 2024-05-14 13:00
Net sales of $44.6 million; up 17.8% year-over-year driven by volume growth of Lifeway Kefir 18th consecutive quarter of year-over-year growth MORTON GROVE, Ill., May 14, 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 first quarter ended March 31, 2024. "Following our tremendous results in 2023, I am thrilled to report yet another record ...