LIFEWAY FOODS TO RING CLOSING BELL AT NASDAQ AND CELEBRATE ACHIEVEMENT OF KEY MILESTONES

Core Insights - Lifeway Foods, Inc. is set to ring the closing bell at Nasdaq on February 3, 2025, coinciding with the announcement of record net sales projections for Q4 2024 and the full year 2024 [1][2] - The company anticipates Q4 2024 net sales between $45.1 million and$46.6 million, and full year 2024 net sales projected between $185.0 million and$186.5 million, representing a significant increase from $160.1 million in 2023 [1][2] - This marks the twenty-first consecutive fiscal quarter of year-over-year topline growth for Lifeway Foods [2] Company Performance - Lifeway Foods has built a strong brand over nearly four decades by producing popular healthy products and contributing to community initiatives [2][3] - The company has mobilized resources to support communities affected by recent wildfires in Los Angeles, demonstrating its commitment to social responsibility [2] - Lifeway's growth reflects its dedication to high-quality, nutritious products and its ability to adapt in a competitive market [3] Product Offerings - Lifeway Foods is recognized as America's leading supplier of kefir, a probiotic fermented beverage, and also produces a variety of cheeses and a ProBugs line for children [4] - The company's products are sold across multiple countries, including the United States, Mexico, Ireland, South Africa, the United Arab Emirates, and France [4]