Latest news with #LWAY
San Francisco Chronicle
6 days ago
- Business
- San Francisco Chronicle
Lifeway: Q2 Earnings Snapshot
MORTON GROVE, Ill. (AP) — MORTON GROVE, Ill. (AP) — Lifeway Foods Inc. (LWAY) on Tuesday reported profit of $4.2 million in its second quarter. The Morton Grove, Illinois-based company said it had profit of 28 cents per share. The dairy and cheese company posted revenue of $53.9 million in the period. _____
Business Insider
30-07-2025
- Business
- Business Insider
Lifeway Foods announces 'Do not vote' recommendation from ISS advisor
Lifeway Foods (LWAY) announced that Institutional Shareholder Services, or ISS, a leading independent proxy advisory firm, has recommended that shareholders 'DO NOT VOTE' in connection with the ongoing dissident-led consent solicitation. In its report, ISS concluded that 'the dissident has not presented a compelling case for change' and advised shareholders to 'DO NOT VOTE' on all proposals put forth by Ludmila and Edward Smolyansky and their aligned group. The ISS analysis noted that: Lifeway's 'financial performance has been directionally positive' and its 'share price (has) rallied over the preceding year on multiple positive earnings announcements,' with total shareholder return significantly outperforming peers in the Russell 3000 Food Producers Index; the dissident group's critiques 'are generally presented without adequate context,' and the dissident group 'does not clearly establish how various developments have actually impacted shareholder returns.'; The dissident group 'has not presented a plan should it successfully secure a majority of board seats' for governance or operational improvement; The dissident nominees include individuals who previously contributed to governance concerns during their past tenures at the Company. Elevate Your Investing Strategy:
Business Insider
05-06-2025
- Business
- Business Insider
Lifeway Foods expands distribution for several product lines
Lifeway Foods (LWAY) announced expanded distribution for several of its top-selling product lines at major retailers nationwide. The company also announced it has surpassed $37.6M in net sales for the first two months of the second quarter, from April 1, 2025 through May 31, 2025, representing a 10.7% increase from the comparable period in the prior year. Year-to-date net sales for the Company as of May 31, 2025 have reached $83.7M. Given the strong Company performance, Lifeway now expects that net sales for the second quarter ended June 30, 2025, will be in the range of $52M to $56M. 'This expansion reflects the growing demand for functional foods that support gut health and overall wellness,' said Julie Smolyansky, CEO of Lifeway Foods. 'Viral social posts on TikTok and Instagram about kefir related to anti-bloating hacks and skin health are creating robust demand for Lifeway's key product line. Additionally, we're seeing a 63% unit increase in measured channels year-to-date for Lifeway Farmer Cheese, signaling incredible potential at mass grocers for this cult favorite. We're excited to bring our probiotic-rich Lifeway Kefir and Lifeway Farmer cheese to even more families across the country, through trusted retail partners who are working with us to provide a great selection of America's favorite kefir and farmer cheese for their customers. ' Confident Investing Starts Here:
Yahoo
13-05-2025
- Business
- Yahoo
Lifeway: Q1 Earnings Snapshot
MORTON GROVE, Ill. (AP) — MORTON GROVE, Ill. (AP) — Lifeway Foods Inc. (LWAY) on Tuesday reported net income of $3.5 million in its first quarter. The Morton Grove, Illinois-based company said it had net income of 23 cents per share. The dairy and cheese company posted revenue of $46.1 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LWAY at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
13-05-2025
- Business
- San Francisco Chronicle
Lifeway: Q1 Earnings Snapshot
MORTON GROVE, Ill. (AP) — MORTON GROVE, Ill. (AP) — Lifeway Foods Inc. (LWAY) on Tuesday reported net income of $3.5 million in its first quarter. The Morton Grove, Illinois-based company said it had net income of 23 cents per share. The dairy and cheese company posted revenue of $46.1 million in the period. _____
