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, ...

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 ...

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 ...

Lifeway Foods, Inc. (LWAY) is likely to see top and bottom-line growth when it reports first-quarter 2024 earnings on May 14 before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $43 million, which suggests growth of 13.5% from the prior-year quarter’s reported figure.The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 24 cents per share. This indicates an increase of 300% from the year-ago quarter’s reported figure of 6 cents. LWAY has a trailin ...

Study protocol suggests consumption of probiotics in kefir positively alters the composition of the gut microbiome and may be linked to behavioral effects and improvements in sleep MORTON GROVE, Ill., May 8, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products that support the microbiome, applauds the recent study protocol titled, "Randomised controlled trial of the effects of kefir on behaviour, sleep and the microbiome in children with ...

MORTON GROVE, Ill., May 7, 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 first quarter ended March 31, 2024 on May 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 details ...

Lifeway Foods (LWAY) ended the recent trading session at $21.49, demonstrating a +0.28% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.46%. Elsewhere, the Dow lost 0.98%, while the tech-heavy Nasdaq lost 0.64%.The the stock of dairy and cheese company has risen by 10.86% in the past month, leading the Consumer Staples sector's loss of 0.34% and the S&P 500's loss of 3.04%.Analysts and investors alike will be keeping a close eye on the perform ...

The most recent trading session ended with Lifeway Foods (LWAY) standing at $19.35, reflecting a +1.2% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.88%. On the other hand, the Dow registered a gain of 0.56%, and the technology-centric Nasdaq decreased by 2.05%.Shares of the dairy and cheese company have appreciated by 29.54% over the course of the past month, outperforming the Consumer Staples sector's loss of 3.55% and the S&P 500's ...