Welcome to our dedicated page for Lifeway Food news (Ticker: LWAY), a resource for investors and traders seeking the latest updates and insights on Lifeway Food stock.
Lifeway Foods, Inc. (NASDAQ: LWAY), the leading U.S. producer of probiotic kefir and fermented dairy products, provides this centralized hub for official company announcements and market developments. Investors and industry followers will find timely updates on financial results, product innovations, and strategic initiatives driving growth in the functional foods sector.
This resource aggregates all essential LWAY news, including quarterly earnings disclosures, manufacturing expansions, new product launches like probiotic-infused beverages, and distribution partnerships across domestic and international markets. Content is curated to help stakeholders track operational milestones and regulatory filings while maintaining compliance with financial disclosure standards.
Key news categories include financial performance updates, retail distribution agreements, R&D advancements in gut-health products, and sustainability initiatives. The archive serves as both a historical record and real-time tracking tool for Lifeway's position in the $50B global probiotic market.
Bookmark this page for streamlined access to verified Lifeway Foods updates. Combine these official releases with broader market analysis to inform your understanding of this innovative health-focused dairy producer.
Lifeway Foods, Inc. (Nasdaq: LWAY) announced a supportive response to a recent 13D filing, affirming CEO Julie Smolyansky's ongoing leadership and execution of the Lifeway 2.0 strategy. The independent Directors highlighted a track record of growth, marking eight consecutive quarters of year-over-year net sales increases. New product innovations, including the launch of Lifeway Oat and the acquisition of GlenOaks Farms for yogurt production, are expected to drive future growth. The Board remains committed to enhancing long-term shareholder value.
Lifeway Foods (Nasdaq: LWAY) announced its participation in the Winter Fancy Food Show from February 6-8, 2022, showcasing its new Lifeway MSHRM Oat™ line of adaptogenic functional mushroom beverages. The products feature 10 probiotics and are available in three flavors: Calm (Reishi), Support (Mushroom Immune Blend), and Focus (Lion's Mane). The global functional mushroom market is projected to reach $19.33 billion by 2033, highlighting rising consumer interest in health-oriented products. Lifeway aims to meet demand for innovative beverages at this event.
Lifeway Foods, Inc. (Nasdaq: LWAY) announced projected unaudited net revenues for fiscal year 2021 between $117 million and $118.5 million, ending December 31, 2021. CEO Julie Smolyansky will participate in the ICR Conference from January 10-12, 2022, with a presentation scheduled for January 11 at 10:00 AM ET. Lifeway is recognized as a leading U.S. supplier of kefir and probiotic products, with offerings available in multiple countries including the U.S., Mexico, and the UK.
Lifeway Foods, Inc. (Nasdaq: LWAY) announced a recent review highlighting the role of kefir in combating oxidative stress and inflammation linked to chronic neurodegenerative diseases like Parkinson’s and Alzheimer’s.
The review detailed how kefir's probiotics may slow disease progression and improve gut health. Key findings included the association of neurodegeneration with inflammation and the potential neuroprotective effects of kefir on the microbiota.
Lifeway is encouraged by these findings as they position kefir as a viable therapeutic option for millions affected by these diseases.
Lifeway Foods reported third-quarter net sales of $29.6 million, marking a 13.5% increase year-over-year and maintaining its eighth consecutive quarter of growth. The rise was largely attributed to higher sales volumes of branded drinking kefir and the acquisition of GlenOaks Farms. The company remains confident in managing its supply chain, boosting lead times to vendors. Lifeway also introduced new products, including Lifeway Oat, a dairy-free drink, and anticipates strong demand during the holiday season with prepared inventory.
Lifeway Foods, Inc. announced the launch of its new plant-based Lifeway Oat product line and a Chocolate Kefir flavor at the Natural Products Expo East 2021. Set for release in late-November 2021, Lifeway Oat offers a vegan, USDA Organic option to consumers, featuring 10 live probiotic cultures. The market for oat milk has surged, with sales increasing nearly 1200% in two years. Market research predicts the global probiotic drinks market could reach $23.9 billion by 2028. Lifeway Foods aims to meet growing consumer demand for plant-based nutrition.
Lifeway Foods, Inc. has acquired certain assets of California-based GlenOaks Farms, Inc. for $5.8 million, enhancing its position in the probiotic drinkable yogurt market. The acquisition aligns with Lifeway's strategy to expand its product offerings and regional strength, particularly in the West, where GlenOaks has established distribution channels. This move is expected to be accretive to earnings per share and leverage existing infrastructure to boost cash flow. Lifeway aims to capitalize on the increasing consumer focus on local brands and health-oriented products.
Lifeway Foods reported a strong second quarter in 2021, achieving a 16.6% increase in net sales, totaling $29.2 million, compared to the same period in 2020. This marks the company's seventh consecutive quarter of year-over-year growth, driven primarily by increased sales of branded drinkable kefir. Despite a slight dip in gross profit margin to 26.3% due to rising milk prices, operating expenses declined, positively impacting net income, which rose to $1.6 million or $0.10 per share. Strategic expansions in France and the acquisition of GlenOaks Farms further bolster Lifeway's growth prospects.
Lifeway Foods announced the expansion of its kefir distribution in Ireland, now available at Tesco stores. The initial launch includes 1L Lifeway Kefir bottles, marking a significant step in Lifeway's European strategy. CEO Julie Smolyansky emphasized the importance of this partnership, aiming to reach a wider audience. The demand for kefir drinks surged by 400% last year, with projections showing global kefir sales could hit $2.05 billion by 2025 due to increasing health awareness. Lifeway is recognized as a leading contender in the probiotic market.
