Lifeway Foods, Inc. (LWAY)

NASDAQ: LWAY · IEX Real-Time Price · USD
19.12
-0.87 (-4.35%)
At close: Apr 18, 2024, 4:00 PM
18.90
-0.22 (-1.15%)
After-hours: Apr 18, 2024, 7:25 PM EDT
-4.35%
Market Cap 280.89M
Revenue (ttm) 160.12M
Net Income (ttm) 11.37M
Shares Out 14.69M
EPS (ttm) 0.75
PE Ratio 25.49
Forward PE 17.68
Dividend n/a
Ex-Dividend Date n/a
Volume 170,352
Open 19.67
Previous Close 19.99
Day's Range 18.51 - 19.73
52-Week Range 5.61 - 23.31
Beta 1.37
Analysts Hold
Price Target n/a
Earnings Date May 13, 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 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...

4 weeks 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...

5 weeks 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...

5 weeks 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....

5 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...

5 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 ...

8 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...

8 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...

9 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...

10 months 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/ --...

1 year ago - PRNewsWire

Lifeway Foods Announces Receipt of Nasdaq Compliance Letter

MORTON GROVE, Ill. , Aug. 24, 2022 /PRNewswire/ -- Lifeway Foods, Inc., (the "Company," Nasdaq: LWAY), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, to...

1 year ago - PRNewsWire

Lifeway Foods Announces Agreement with Edward and Ludmila Smolyansky

MORTON GROVE, Ill. , July 29, 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 mic...

1 year ago - PRNewsWire

Lifeway Foods, Inc. Announces Results for the Fourth Quarter and Full Year Ended December 31, 2021

Annual net sales increase 16.7% year-over-year to $119.1 million; up 27.1% compared to 2019 Delivers 9th straight quarter of year-over-year net sales growth MORTON GROVE, Ill. , July 21, 2022 /PRNewsw...

1 year ago - PRNewsWire

Lifeway Foods Expands Humanitarian Relief Efforts in Response to Crisis in Ukraine

Kefir company with Ukrainian roots to launch charity relief bottle with 100% of profits benefiting humanitarian aid MORTON GROVE, Ill. , May 10, 2022 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY)...

2 years ago - PRNewsWire

Lifeway Foods Strengthens Board of Directors with Two New, Independent Director Nominees

MORTON GROVE, Ill. , May 2, 2022 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway"), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today an...

2 years ago - PRNewsWire