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Lifeway Foods Expands Distribution to San Diego Region Costco Wholesale Warehouse Locations with Kefir Variety Packs
Prnewswire· 2025-08-11 13:40
Lifeway Kefir Peach and Strawberry Multipack Lifeway Kefir Peach and Strawberry Multipack Costco Members Can Now Enjoy Lifeway's Probiotic, Protein-Packed Kefir in Convenient 8oz Multi- Pack Boxes MORTON GROVE, Ill., Aug. 11, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products, is proud to announce the launch of its signature Lifeway Kefir in the San Diego Costco region, which includes parts of California, Ar ...
Lifeway Foods EPS Increases 44% Year-Over-Year as Kefir Company Announces Results for the First Quarter Ended March 31, 2025
Prnewswire· 2025-05-13 13:00
Core Insights - Lifeway Foods, Inc. reported net sales of $46.1 million for Q1 2025, marking a 3.3% increase year-over-year, driven by strong consumer demand for its probiotic products [1][4] - The company achieved its 22nd consecutive quarter of year-over-year sales growth, building on a record-breaking 2024 performance [2][3] Financial Performance - Net sales increased by $1.5 million compared to Q1 2024, primarily due to higher volumes of Lifeway's branded drinkable kefir [4] - Gross profit as a percentage of net sales was 24.0% for Q1 2025, while selling, general, and administrative expenses accounted for 20.2% of net sales [4] - The company reported a net income of $3.5 million, equating to $0.23 per basic and diluted common share for Q1 2025 [5] Strategic Initiatives - Lifeway strategically eliminated a retail relationship in late 2024 to prioritize branded offerings over private label, enhancing margins [2] - The company has expanded its distribution network, securing over 2,000 incremental points of distribution across its product lines in 2025 [3] - Lifeway products are now available in 40 airports nationwide, contributing to a record gross sales week of over $5 million in late April [3] Market Trends - There is an increasing consumer focus on health and wellness, driving demand for protein-rich and probiotic foods, which benefits Lifeway's product offerings [3] - The company anticipates that consumer visits to grocery and club stores will rise as shoppers seek healthier food options amid tightening consumer spending [3]