Latest news with #LifewayFarmerCheese
Business Insider
2 days ago
- 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
15-03-2025
- Business
- Yahoo
Lifeway Foods Inc (LWAY) Q4 2024 Earnings Call Highlights: Record Sales and Strategic ...
Release Date: March 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Lifeway Foods Inc (NASDAQ:LWAY) reported record-high net sales of $186.8 million for 2024, marking a 16.7% increase compared to the previous year. The company achieved its 21st consecutive quarter of year-over-year net sales growth, driven by strong demand for its Lifeway branded drinkable kefir. Lifeway Foods Inc (NASDAQ:LWAY) maintained a solid gross profit margin of 26% despite inflationary pressures, indicating effective cost management. The company expanded its distribution network, including the addition of Lifeway Farmer Cheese to 1,400 Albertson's stores and ProBugs Organic Kefir for kids to over 250 Harris Teeter stores. Lifeway Foods Inc (NASDAQ:LWAY) continues to innovate with new product launches, such as lactose-free kefir and probiotic smoothies with collagen, catering to evolving consumer preferences. Inflationary pricing in milk, the company's largest raw material, posed challenges to maintaining profit margins. Despite strong sales growth, the company faces increasing year-over-year comparisons, which may challenge sustaining the same growth momentum. Capital spending increased to $6.7 million, which, while supporting growth, also reflects higher operational costs. The macroeconomic environment, including high prices and interest rates, presents potential risks to consumer spending and demand. While international expansion efforts in regions like Dubai are promising, they currently do not contribute significantly to revenue. Warning! GuruFocus has detected 2 Warning Sign with LWAY. Q: Can you elaborate on the factors driving the strong sales growth in 2024? A: Julie Smolyansky, CEO, explained that the growth was primarily driven by higher volumes of Lifeway-branded drinkable kefir. The company saw strong double-digit volume-led growth across all four quarters, supported by strategic sales and marketing investments that increased exposure and demand for core products. Q: How did inflation impact your profit margins, and what measures are you taking to address it? A: Julie Smolyansky noted that despite inflationary pressures, particularly in milk prices, Lifeway maintained a gross profit margin of 26% for 2024. The company is focusing on driving higher shipment volumes and pursuing productivity measures to expand gross margins further. Q: What are the key innovations and product developments Lifeway introduced recently? A: Julie Smolyansky highlighted several innovations, including the launch of lactose-free organic whole milk kefir flavor fusions and probiotic smoothies with collagen. These products cater to rising consumer demand for lactose-free and gut-health-focused offerings. Q: Can you discuss the recent distribution expansions for Lifeway products? A: Julie Smolyansky announced the distribution of Lifeway Farmer Cheese into 1,400 Albertson's stores and ProBugs Organic Kefir for kids into over 250 Harris Teeter stores. Additionally, Lifeway's products began shipping to Dubai, UAE, in the fourth quarter. Q: How is Lifeway leveraging marketing strategies to enhance brand exposure? A: Julie Smolyansky stated that Lifeway is focusing on interactive retail efforts, e-commerce strategies, and partnerships with social media influencers to drive brand exposure and consumer trial. The company also participates in events like Expo West and South by Southwest to showcase its products and innovations. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
13-02-2025
- Business
- Yahoo
Lifeway Farmer Cheese Expanding Footprint and Entering 1,400 Albertsons Stores Across the U.S.
Kefir leader increases space into adjacent category MORTON GROVE, Ill., Feb. 13, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products, announced the distribution of its Farmer Cheese to 1,400 Albertsons stores across the U.S. This marks a significant step forward in the company's mission to introduce the product to new audiences. Lifeway Farmer Cheese is a premium cultured soft cheese made with Lifeway Foods' small batch, artisanal recipe. It has a flavor and texture similar to blended cottage cheese, spreads like cream cheese, and has the added benefits of protein and probiotics. It's made with 12 live and active probiotics, 15g of protein per serving, bioavailable nutrients, and is high in calcium. Plus, it's up to 99% lactose-free, gluten-free, and contains no added salt, making it lower in sodium than many cottage cheese varieties. "Demand for high protein and probiotic foods is soaring, and we are thrilled to expand distribution of our probiotic Farmer Cheese through this partnership with Albertsons," said Lifeway President and CEO Julie Smolyansky. "Farmer Cheese is one of our cult favorite products that we've offered since Lifeway's inception, and it only continues to grow in popularity thanks to its delicious flavor and incredible benefits. We've seen increased interest thanks to popular social posts from amazing farmer cheese advocates like Bethenny Frankel and viral recipes using blended cottage cheese. Farmer cheese saves a step for everyone seeking an elevated cottage cheese upgrade with a smooth consistency, bioavailable protein and probiotic benefits." A highly sought-after favorite in many specialty stores, Lifeway Farmer Cheese has been a staple since its introduction. Like the brand's well-known kefir, Lifeway Farmer Cheese has seen increased interest from consumers and major retailers in recent years. The product is now shipping and hitting Albertsons shelves now. For more information about Lifeway or to locate it in a store near you, visit About Lifeway Foods, Foods, Inc., which has been recognized as one of Forbes' Best Small Companies, is America's leading supplier of the probiotic, fermented beverage known as kefir. In addition to its line of drinkable kefir, the company also produces a variety of cheeses and a ProBugs line for kids. Lifeway's tart and tangy fermented dairy products are now sold across the United States, Mexico, Ireland, South Africa, United Arab Emirates and France. Learn how Lifeway is good for more than just you at About Albertsons CompaniesAlbertsons Companies is a leading food and drug retailer in the United States. As of November 30, 2024, the Company operated 2,273 retail food and drug stores with 1,732 pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbia under more than 20 well known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2023, along with the Albertsons Companies Foundation, the Company contributed more than $350 million in food and financial support, including more than $35 million through our Nourishing Neighbors Program to ensure those living in our communities and those impacted by disasters have enough to eat. Forward-Looking StatementsThis release (and oral statements made regarding the subjects of this release) contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives. These statements use words, and variations of words, such as "continue," "build," "future," "increase," "drive," "believe," "look," "ahead," "confident," "deliver," "outlook," "expect," and "predict." Other examples of forward-looking statements may include, but are not limited to, (i) statements of Company plans and objectives, including the introduction of new products, or estimates or predictions of actions by customers or suppliers, (ii) statements of future economic performance, and (III) statements of assumptions underlying other statements and statements about Lifeway or its business. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from Lifeway's expectations and projections. These risks, uncertainties, and other factors include: price competition; the decisions of customers or consumers; the actions of competitors; changes in the pricing of commodities; the effects of government regulation; possible delays in the introduction of new products; and customer acceptance of products and services. A further list and description of these risks, uncertainties, and other factors can be found in Lifeway's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and the Company's subsequent filings with the SEC. Copies of these filings are available online at or on request from Lifeway. Information in this release is as of the dates and time periods indicated herein, and Lifeway does not undertake to update any of the information contained in these materials, except as required by law. Accordingly, YOU SHOULD NOT RELY ON THE ACCURACY OF ANY OF THE STATEMENTS OR OTHER INFORMATION CONTAINED IN ANY ARCHIVED PRESS RELEASE. Contacts:Perceptual AdvisorsDan TarmanEmail: dtarman@ Derek MillerVice President of Communications, Lifeway FoodsEmail: derekm@ View original content to download multimedia: SOURCE Lifeway Foods, Inc.
