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Lifeway® Foods Projects Estimated Unaudited Net Sales Range of $55.8 Million to $57.0 Million for Third Quarter of 2025, Highlighting Record Growth for Flagship Kefir Products
Prnewswire· 2025-10-06 13:15
Core Insights - Lifeway Foods, Inc. reported estimated unaudited net sales of between $55.8 million and $57.0 million for Q3 2025, reflecting an increase of 21% to 24% year-over-year, driven by strong demand for Lifeway Kefir and the high-protein Lifeway Farmer Cheese line [1][2] Company Overview - Lifeway Foods is recognized as the leading supplier of kefir in the U.S. and has been acknowledged as one of Forbes' Best Small Companies [3] - The company offers a variety of products including drinkable kefir, cheeses, and a ProBugs line for children, with distribution across the U.S., Mexico, Ireland, South Africa, UAE, and France [3] Market Position and Growth Strategy - The CEO of Lifeway stated that kefir is a rapidly growing category in U.S. grocery, with Lifeway being the clear market leader [2] - Lifeway has expanded its product availability significantly, launching new products and increasing distribution channels, including major retailers, corner stores, airports, and universities [2] - The company is executing a project to nearly double production capacity at its Waukesha facility to support its growth trajectory [2]
Lifeway Foods Expands Distribution to San Diego Region Costco Wholesale Warehouse Locations with Kefir Variety Packs
Prnewswire· 2025-08-11 13:40
Core Insights - Lifeway Foods, Inc. has launched its Lifeway Kefir in the San Diego Costco region, expanding its reach to 60 Costco Wholesale Warehouse locations, enhancing accessibility for millions of members [1][4] - The new product offering includes a 12-count variety pack of 8oz bottles featuring popular flavors like strawberry and peach, designed for convenience and health benefits [2][3] - Lifeway Kefir is marketed as a functional food that supports gut health, immunity, and overall well-being, appealing to health-conscious consumers [3] Product Details - Each 8oz serving of Lifeway Kefir contains 10g of complete protein and 12 live & active probiotic cultures, making it a nutritious option [7] - The product is lactose intolerance-friendly and contains no artificial sweeteners or preservatives, catering to a wide range of dietary preferences [7] Company Background - Lifeway Foods, Inc. is recognized as a leading supplier of kefir and has been acknowledged as one of Forbes' Best Small Companies [5] - The company offers a variety of products, including drinkable kefir, cheeses, and a ProBugs line for children, with distribution across multiple countries [5]
Lifeway Foods® Announces Record Week Surpassing $5.5 Million in Gross Sales Propelled by Strong Demand for Lifeway Kefir and Lifeway Farmer Cheese
Prnewswire· 2025-07-15 13:15
Company Overview - Lifeway Foods, Inc. is a leading U.S. supplier of kefir and fermented probiotic products, recognized as one of Forbes' Best Small Companies [4] - The company offers a variety of products including drinkable kefir, cheeses, and a ProBugs line for children, with sales across multiple countries [4] Financial Performance - Lifeway achieved gross sales exceeding $5.5 million for the week ending July 13, 2025, marking a 66% increase compared to the same week in the previous year [1] - The company plans to report its financial results for the second quarter ended June 30, 2025, on August 12, 2025, before market hours [2] Investor Relations - A pre-recorded conference call and webcast featuring Julie Smolyanksy, Lifeway's President and CEO, will be available on the company's website following the financial results announcement [3]
Lifeway Foods Celebrates June 18 as National Kefir Day
Prnewswire· 2025-06-16 17:15
Core Insights - Lifeway Foods, Inc. has announced the establishment of National Kefir Day, to be celebrated annually on June 18, recognizing the cultural and nutritional significance of kefir and the company's legacy in promoting gut health for nearly 40 years [1][3] Group 1: Event Details - The official proclamation will occur at a press event in Chicago, featuring remarks from key leaders in government, medicine, and nutrition, including Lifeway's President and CEO Julie Smolyansky [2] - The event will highlight the connection between gut health and chronic disease prevention, with Smolyansky discussing kefir's role in supporting immunity and overall wellness [2] Group 2: Company Initiatives - Lifeway Foods aims to promote gut health, sustainability, and mindful nutrition through National Kefir Day, reflecting a cultural shift towards fermented foods for better health [3] - The company will distribute free Lifeway Kefir samples in major cities including Chicago, New York, Los Angeles, and Miami on June 18, and will sponsor a drone show over Lake Michigan to celebrate Chicago as the "Kefir Capital of the World" [5] Group 3: Marketing and Engagement - Lifeway is launching a tattoo challenge as part of the National Kefir Day festivities, rewarding fans who showcase their love for the brand with a year of free kefir [6] - Participants are encouraged to share photos or videos of their Lifeway-inspired tattoos on social media platforms [7] Group 4: Company Background - Lifeway Foods is recognized as a leading supplier of probiotic kefir and has expanded its product line to include various cheeses and a ProBugs line for children, with products sold in multiple countries [8]
Lifeway Foods Expands Retail Footprint with Thousands of New Lifeway Kefir and Farmer Cheese Placements Across Major U.S. Retailers in 2025
Prnewswire· 2025-06-04 20:35
Core Insights - Lifeway Foods, Inc. has achieved net sales of $37.6 million for the first two months of Q2 2025, marking a 10.7% increase year-over-year [1] - Year-to-date net sales reached $83.7 million as of May 31, 2025, with expectations for Q2 net sales to be between $52 million and $56 million [1] - The company is expanding distribution of its products in response to rising consumer interest in probiotic and functional foods [2] Sales Performance - The company reported a 10.7% increase in net sales for the first two months of Q2 2025 compared to the same period last year [1] - Year-to-date net sales as of May 31, 2025, totaled $83.7 million [1] - Lifeway anticipates Q2 net sales to fall between $52 million and $56 million [1] Product Expansion - Lifeway is expanding its distribution across major retailers, including Amazon Fresh, BJ's Wholesale Club, CVS, HEB, and others [3] - New product launches include Lifeway Organic, Lactose Free Flavor Fusions and Lifeway Organic Kefir Shots in various retail locations [3] - The company is seeing a 63% unit increase in Lifeway Farmer Cheese year-to-date, indicating strong demand [2] Market Trends - There is a growing consumer interest in functional foods that support gut health and overall wellness, driven by social media trends [2] - Lifeway's products are made with live and active cultures, aimed at supporting immunity, digestion, and long-term health [2]
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]
Lifeway Foods® Announces Record Week Surpassing $5 Million in Gross Sales Propelled by Strong Demand for Lifeway Kefir and Lifeway Farmer Cheese
Prnewswire· 2025-04-29 22:45
Company Overview - Lifeway Foods, Inc. is a leading U.S. supplier of kefir and fermented probiotic products, recognized as one of Forbes' Best Small Companies [4] - The company offers a variety of products including drinkable kefir, cheeses, and a ProBugs line for children, with sales across multiple countries [4] Financial Performance - Lifeway achieved gross sales exceeding $5 million for the week ending April 27, 2025, marking a 35% increase compared to the same week in the previous year [1] - The company is set to report its financial results for the first quarter ended March 31, 2025, on May 13, 2025, before market hours [2] Communication and Investor Relations - A pre-recorded conference call and webcast featuring Julie Smolyanksy, Lifeway's President and CEO, will be available on the company's website following the release of the first quarter results [3]