Lifeway Foods, Inc. (LWAY)

NASDAQ: LWAY · IEX Real-Time Price · USD
12.60
+0.30 (2.44%)
At close: Jul 2, 2024, 4:00 PM
12.79
+0.19 (1.51%)
After-hours: Jul 2, 2024, 5:14 PM EDT
2.44%
Market Cap 185.31M
Revenue (ttm) 166.85M
Net Income (ttm) 12.96M
Shares Out 14.71M
EPS (ttm) 0.86
PE Ratio 14.65
Forward PE 12.87
Dividend n/a
Ex-Dividend Date n/a
Volume 189,177
Open 12.40
Previous Close 12.30
Day's Range 12.01 - 12.78
52-Week Range 5.77 - 28.61
Beta 1.25
Analysts Hold
Price Target n/a
Earnings Date Aug 12, 2024

About LWAY

Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types. The company offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; drinkable yogurt; and fresh made butter and sour cream. It sells its products under the Lifeway, GlenOaks Farms, and Fresh Made brand names, as well as under private labels on behalf o... [Read more]

Industry Packaged Foods
IPO Date Sep 29, 1987
Employees 288
Stock Exchange NASDAQ
Ticker Symbol LWAY
Full Company Profile

Financial Performance

In 2023, Lifeway Foods's revenue was $160.12 million, an increase of 13.11% compared to the previous year's $141.57 million. Earnings were $11.37 million, an increase of 1130.19%.

Financial Statements

News

Lifeway Foods® Announces Inclusion in Russell 2000® Index

Leading kefir company added as part of 2024 Russell Reconstitution MORTON GROVE, Ill. , July 1, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. sup...

1 day ago - PRNewsWire

Pure Culture Organics™️ Announces Litigation and General Business Update, New Product Development

CHICAGO , June 27, 2024 /PRNewswire/ -- Litigation Update: In a victory for consumers, Pure Culture Organics™ (PCO) today announced that after a series of court rulings against Lifeway Foods NASDAQ: (...

5 days ago - PRNewsWire

Lifeway Foods® Announces Record Results for the First Quarter Ended March 31, 2024

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 Delivers 410 basis points of gross profit margin expansio...

7 weeks ago - PRNewsWire

Lifeway Foods® Applauds New Research Examining the Impact of Probiotics in Dairy Kefir on the Microbiome in Children with ADHD

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. ...

7 weeks ago - PRNewsWire

Lifeway Foods® to Report First Quarter 2024 Results on May 14, 2024

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 micro...

2 months ago - PRNewsWire

Lifeway Foods® Announces Record-Breaking Fourth Quarter and Monumental Full Year 2023 Results

Record annual net sales of $160.1 million; up 13.1% year-over-year 17th consecutive quarter of year-over-year growth Delivers 760 basis points of annual gross profit margin expansion MORTON GROVE, Ill...

3 months ago - PRNewsWire

Lifeway Foods® to Report Fourth Quarter and Full Year 2023 Results on March 20, 2024

MORTON GROVE, Ill. , March 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 mi...

3 months ago - PRNewsWire

Lifeway Foods® to Showcase New Products and Host Activations at Natural Products Expo West 2024

MORTON GROVE, Ill. , March 11, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products that support the microbiome, will show off som...

4 months ago - PRNewsWire

Lifeway Foods® Announces Record Results for the Third Quarter Ended September 30, 2023

Net sales increase 7.2% year-over-year to $40.9 million; 16th consecutive quarter of year-over-year net sales growth 730 basis points of year-over-year gross profit margin expansion MORTON GROVE, Ill....

8 months ago - PRNewsWire

Lifeway Foods® to Report Third Quarter 2023 Results on November 13, 2023

MORTON GROVE, Ill. , Nov. 6, 2023 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the micr...

8 months ago - PRNewsWire

Lifeway Foods Expands Capacity and Operating Efficiencies on Farmer Cheese Manufacturing to Meet Growing Demand for Viral Recipes Using Blended Cottage Cheese

Brand Also Plans New Marketing and Advertising Campaigns to Support Growth MORTON GROVE, Ill. , Aug. 23, 2023 /PRNewswire/ --  Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. supplier of kefir and ...

11 months ago - PRNewsWire

Lifeway Foods® Announces Record Results for the Second Quarter Ended June 30, 2023

Net sales increase 17.1% year-over-year to $39.2 million; up 34.5% compared to 2021 Delivers 15th straight quarter of year-over-year net sales growth and 1,170 basis points of year-over-year gross pro...

11 months ago - PRNewsWire

Lifeway Foods® to Report Second Quarter 2023 Results on August 14, 2023

MORTON GROVE, Ill. , Aug. 8, 2023 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the micr...

11 months ago - PRNewsWire

Lifeway Foods® Announces Annual Meeting Results and Provides Update to Shareholders

All Eight Company Director Nominees Elected to Board Company Announces Latest Step in Ongoing Review of Strategic Alternatives with Hiring of Kroll Securities, LLC as Financial Advisor Responds to Let...

1 year ago - PRNewsWire

Lifeway Foods® Announces Results for the First Quarter Ended March 31, 2023

Net sales increase 11.2% year-over-year to $37.9 million; up 29.0% compared to 2021 Delivers 14th straight quarter of year-over-year net sales growth MORTON GROVE, Ill. , May 15, 2023 /PRNewswire/ -- ...

1 year ago - PRNewsWire

Lifeway Foods, Inc. to Report First Quarter 2023 Results on May 15, 2023

MORTON GROVE, Ill. , May 9, 2023 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the micro...

1 year ago - PRNewsWire

ICR Hosts Lifeway Foods CEO Julie Smolyanksy on the Welcome to the Arena Podcast

NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, is pleased to announce that Julie Smolyansky, President and Chief Executive Officer of Lifeway Foods (NASDAQ: LWAY...

1 year ago - Business Wire

Lifeway Foods® Announces Results for the Fourth Quarter and Record Full Year Ended December 31, 2022

Record annual net sales of $141.5 million, up 18.9% year-over-year and 51.1% compared to 2019 Delivers 13th straight quarter of year-over-year net sales growth MORTON GROVE, Ill. , March 27, 2023 /PRN...

1 year ago - PRNewsWire

Lifeway Foods, Inc. to Report Fourth Quarter and Full Year 2022 Results on March 27, 2023

MORTON GROVE, Ill. , March 21, 2023 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the mi...

1 year ago - PRNewsWire

Lifeway Foods® to Debut New Kefir Flavors at Natural Products Expo West 2023

MORTON GROVE, Ill. , March 7, 2023 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, will debut new flavo...

1 year ago - PRNewsWire

Lifeway Foods, Inc. to Participate in the 25th Annual ICR Conference

MORTON GROVE, Ill. , Jan. 5, 2023 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the micr...

1 year ago - PRNewsWire

Lifeway Foods, Inc. Announces Record Results for the Third Quarter Ended September 30, 2022

Net sales increase 29.1% year-over-year to $38.1 million; up 46.5% compared to 2020 Delivers 12th straight quarter of year-over-year net sales growth MORTON GROVE, Ill. , Nov. 14, 2022 /PRNewswire/ --...

1 year ago - PRNewsWire

Lifeway Foods, Inc. to Report Third Quarter Financial Results on November 14, 2022

MORTON GROVE, Ill. , Nov. 7, 2022 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the micr...

1 year ago - PRNewsWire

Lifeway Foods, Inc. Announces Results for the Second Quarter Ended June 30, 2022

Net sales increase 14.8% year-over-year to $33.5 million; up 33.9% compared to 2020 Delivers 11th straight quarter of year-over-year net sales growth MORTON GROVE, Ill. , Sept. 26, 2022 /PRNewswire/ -...

1 year ago - PRNewsWire

Lifeway Foods, Inc. Announces Results for the First Quarter Ended March 31, 2022

Net sales increase 16.1% year-over-year to $34.1 million; up 34.3% compared to 2020 Delivers 10th straight quarter of year-over-year net sales growth MORTON GROVE, Ill. , Aug. 26, 2022 /PRNewswire/ --...

2 years ago - PRNewsWire