mescioglu/iStock via Getty Images Introduction Lifeway Foods (NASDAQ:LWAY) is a US-based probiotic and nutritious food manufacturer. Their flagship product, Kefir, is a popular fermented drink product liked by many (yes, including me). In my last article, I rated Lifeway with a 'Buy' rating, as I felt the company was (and is) undervalued despite a large untapped TAM and increasing revenue growth. Since my last article, Lifeway is up 37.91% on a very strong earnings report. The numbers are very encouraging, ...

There's plenty of trouble and family drama going on up at the Chicago-land kefir company this morning. Shares of Lifeway Foods (LWAY 49.15%) soared 44% through 10:35 a.m. ET Tuesday morning on some explosive news from the boardroom. In a press release this morning, former company chairperson (and co-founder) Ludmila Smolyansky and former COO Edward Smolyansky (her son) announced they have filed a "consent statement" with the Securities and Exchange Commission (SEC). The statement describes something the mot ...

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 ...

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 ...

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].

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 ...

Core Viewpoint - Lifeway Foods, Inc. (LWAY) reported first-quarter 2024 results with net sales exceeding estimates, while earnings fell short, although both metrics showed year-over-year growth [1][3]. Financial Performance - Net sales reached $44.6 million, a 17.8% increase from $37.9 million in the prior-year quarter, surpassing the Zacks Consensus Estimate of $43 million, driven by higher sales volumes of branded drinkable kefir [4]. - Earnings per share were 16 cents, missing the Zacks Consensus Estimate of 24 cents, but up from 6 cents in the same period last year [3]. - Gross profit improved significantly to $11.5 million, reflecting a 40.2% year-over-year increase, with gross margin expanding to 25.8%, up 410 basis points from 21.7% a year ago [5]. - Selling, General and Administrative (SG&A) expenses rose to $7.8 million, a 17.8% increase from $6.7 million a year ago [5]. Strategic Initiatives - The company achieved its 18th consecutive quarter of growth and reported its fourth consecutive quarter of record sales, attributed to strategic sales and marketing investments that enhanced volume growth and consumer awareness [2]. - Lifeway Foods demonstrated strong operational execution, benefiting from favorable transportation costs and gross margin expansion, positioning the company to capitalize on emerging market opportunities [3]. Market Performance - The company's shares have increased by 115.1% over the past three months, significantly outperforming the industry growth of 22.2% [3]. Other Financial Aspects - At the end of the quarter, Lifeway Foods had cash and cash equivalents of $12 million and total stockholders' equity of $63.5 million, with net cash provided by operating activities amounting to $1.5 million [6].

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, ...