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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
Product Innovation - Lifeway Foods has launched 10 new innovative flavors for its 8-ounce organic kefir line, targeting evolving consumer tastes and preferences [1] - The new Flavor Fusions line is lactose-free and contains high-quality bioavailable nutrients, including protein, calcium, and 12 live and active probiotic cultures [1] - The flavors include unique combinations such as Pink Dragon Fruit, Passionfruit Lychee, Hot Honey, and Matcha Latte, inspired by global flavor insights and market research [2] Consumer Trends - Research indicates a growing interest in unique, exotic, and unexpected flavor fusions, with 75% of consumers expressing interest in tropical and citrus flavors [2] - 53% of Gen Z shoppers enjoy hot honey flavors, while Asian-inspired flavors like ube are trending, with ube being named the top flavor trend for 2024 by DairyReporter [2] - Floral flavors are also popular, with 33% of consumers seeking botanical flavors, and pistachio has been identified as one of the hottest food trends [2] Market Positioning - Lifeway Foods is positioning itself as a leader in the kefir category, known for gut health benefits and high-quality probiotics [2] - The new flavors are designed to appeal to a wide range of consumers, including those looking for convenient, on-the-go options, and are targeted at convenience stores, college campuses, and mass-market grocery channels [2] - The company aims to stay ahead of trends in hospitality and social media, leveraging the popularity of unique flavors on platforms like TikTok and Instagram [2] Distribution and Availability - The new Flavor Fusion line is now shipping and available nationwide at select independent and specialty stores [3] - The flavors were previewed at the FNCE® event in Minneapolis, MN, from October 5-8, 2024 [3] Company Background - Lifeway Foods is recognized as one of Forbes' Best Small Companies and is a leading supplier of probiotic, fermented beverages in the US [4] - The company's product portfolio includes drinkable kefir, cheeses, and a ProBugs line for kids, with products sold in the US, Mexico, Ireland, South Africa, and France [4]
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 ...
Lifeway Foods (LWAY) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2024-09-12 14:55
Group 1 - Lifeway Foods, Inc. (LWAY) has reached an important support level and is considered a good stock pick from a technical perspective [1] - The company recently experienced a "golden cross" event, where its 50-day simple moving average broke above its 200-day simple moving average, indicating a potential bullish breakout [1] - Over the past four weeks, LWAY has gained 19.5%, and it currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting it could be poised for further breakout [1] Group 2 - The successful golden cross event consists of three stages: a price decline bottoming out, the shorter moving average crossing above the longer moving average, and maintaining upward momentum [1] - LWAY's positive earnings outlook is supported by no earnings estimate cuts and one revision higher in the past 60 days, with the Zacks Consensus Estimate also increasing [2] - Investors are encouraged to consider adding LWAY to their watchlist due to the significant technical indicator and the positive movement in earnings estimates [2]
Lifeway Foods® Announces New Kefir Distribution in South Africa
Prnewswire· 2024-09-11 15:57
MORTON GROVE, Ill., Sept. 11, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. manufacturer of kefir and fermented probiotic products, announced today the brand's first expansion of kefir distribution in the South African market. The offering of Lifeway Kefir and ProBugs, exported from the United States, is currently shipping and available on shelves now. The retailers will be a mix of independent and health food stores, along with limited initial placemen ...
3 Reasons Growth Investors Will Love Lifeway (LWAY)
ZACKS· 2024-09-04 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zack ...
Lifeway Foods® to Participate in the 8th Annual Lake Street Best Ideas Growth Conference
Prnewswire· 2024-09-03 20:18
MORTON GROVE, Ill., Sept. 3, 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 will participate in the 8th Annual Lake Street Capital Markets Best Ideas Growth Conference on Thursday, September 12, 2024 in New York City. Julie Smolyansky, Lifeway's President and Chief Executive Officer, will host one-on-one meetings with institutional investors thr ...