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, including low fat, non-fat, whole milk, protein, and BioKefir. The company also offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; cupped kefir and Icelandic Skyr, a line of strained kefir and yogurt products; and frozen kefir in soft serve and pint-size containers. It sells its products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers primarily through direct sales force, brokers, and distributors. The company was founded in 1986 and is based in Morton Grove, Illinois.
IPO Year:
Exchange: NASDAQ
Website: lifewaykefir.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/30/2024 | $20.00 | Market Perform → Outperform | Noble Capital Markets |
4/5/2024 | $25.00 | Buy | Lake Street |
3/27/2024 | Outperform → Market Perform | Noble Capital Markets | |
2/26/2024 | $14.00 | Market Perform → Outperform | Noble Capital Markets |
11/27/2023 | Outperform → Market Perform | Noble Capital Markets | |
11/14/2023 | $13.00 | Market Perform → Outperform | Noble Capital Markets |
9/25/2023 | Outperform → Market Perform | Noble Capital Markets | |
11/16/2022 | $10.00 | Market Perform → Outperform | Noble Capital Markets |
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
4 - Lifeway Foods, Inc. (0000814586) (Issuer)
10-Q - Lifeway Foods, Inc. (0000814586) (Filer)
8-K - Lifeway Foods, Inc. (0000814586) (Filer)
10-Q - Lifeway Foods, Inc. (0000814586) (Filer)
DEFA14A - Lifeway Foods, Inc. (0000814586) (Filer)
DEF 14A - Lifeway Foods, Inc. (0000814586) (Filer)
10-K - Lifeway Foods, Inc. (0000814586) (Filer)
10-Q - Lifeway Foods, Inc. (0000814586) (Filer)
10-Q - Lifeway Foods, Inc. (0000814586) (Filer)
8-K - Lifeway Foods, Inc. (0000814586) (Filer)
8-K - Lifeway Foods, Inc. (0000814586) (Filer)
Noble Capital Markets upgraded Lifeway Foods from Market Perform to Outperform and set a new price target of $20.00
Lake Street initiated coverage of Lifeway Foods with a rating of Buy and set a new price target of $25.00
Noble Capital Markets downgraded Lifeway Foods from Outperform to Market Perform
Noble Capital Markets upgraded Lifeway Foods from Market Perform to Outperform and set a new price target of $14.00
Noble Capital Markets downgraded Lifeway Foods from Outperform to Market Perform
Noble Capital Markets upgraded Lifeway Foods from Market Perform to Outperform and set a new price target of $13.00
Noble Capital Markets downgraded Lifeway Foods from Outperform to Market Perform
Noble Capital Markets upgraded Lifeway Foods from Market Perform to Outperform and set a new price target of $10.00
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
SC 13D/A - Lifeway Foods, Inc. (0000814586) (Subject)
MORTON GROVE, Ill., Sept. 11, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ:LWAY) ("Lifeway" or "the Company"), a leading U.S. manufacturer of kefir and fermented probiotic products, announced today the brand's first expansion of kefir distribution in the South African market. The offering of Lifeway Kefir and ProBugs, exported from the United States, is currently shipping and available on shelves now. The retailers will be a mix of independent and health food stores, along with limited initial placements at established chains such as Pick n Pay and Shoprite. "We are excite
MORTON GROVE, Ill., Sept. 3, 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 microbiome, today announced that the Company will participate in the 8th Annual Lake Street Capital Markets Best Ideas Growth Conference on Thursday, September 12, 2024 in New York City. Julie Smolyansky, Lifeway's President and Chief Executive Officer, will host one-on-one meetings with institutional investors throughout the day. Investors interested in arranging a meeting should cont
MORTON GROVE, Ill., Aug. 20, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ:LWAY), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, announced today that their Organic Strawnana ProBugs Whole Milk Kefir was named as a winner in Good Housekeeping's 2024 Parenting Awards. The full list of winners is available online at goodhousekeeping.com/parenting2024. Select winners can be found in the upcoming September/October 2024 print issue of Good Housekeeping. Lifeway Foods® Organic Strawnana ProBugs Whole Milk Kefir Selected as a Good House
CHICAGO, Aug. 13, 2024 /PRNewswire/ -- Son and mother Edward and Ludmila Smolyansky, significant shareholders of Lifeway Foods, Inc. (NASDAQ:LWAY), today announced the filing of a consent statement with the U.S. Securities and Exchange Commission, marking the launch of their "Life Back to Lifeway" campaign. The campaign seeks to replace the health food company's current Board of Directors, including CEO Julie Smolyansky, with leadership committed to revitalizing the company with a strategic vision aligned with the best interests of its shareholders. The Lifeway board has overseen significant and repeated failures of corporate governance that have harmed the business and its employees and dr
Demand for Bioavailable Foods like Kefir Soars Net sales of $49.2 million; up 25.3% year-over-year driven by volume growth of Lifeway Kefir 19th consecutive quarter of year-over-year growth MORTON GROVE, Ill., Aug. 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 microbiome, today reported financial results for the second quarter ended June 30, 2024. "Our incredible momentum continued in the second quarter as we delivered our 19th consecutive quarter of net
MORTON GROVE, Ill., Aug. 6, 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 microbiome, today announced it will report financial results for the second quarter ended June 30, 2024 on August 13, 2024 before market hours. A pre-recorded conference call and webcast with Julie Smolyanksy, Lifeway's President and Chief Executive Officer, discussing these results with additional comments and details will be made available through the "Investor Relations" section of t
Seek Resignation of Lead Director Jason Scher, Directors Pol Sikar, Jody Levy, Dorri McWhorter and Perfecto Sanchez and CEO/Chairperson Julie SmolyanskySeek Immediate Termination of Julie Smolyansky's "Chief of Staff" and Spouse, Jason Burdeen, a Former JewelerCall for the Adoption of an Anti-Nepotism Policy Call for Operational and Strategic Review of Business Related Presentation Available www.lifebacktolifeway.comCHICAGO, July 22, 2024 /PRNewswire/ -- Ludmila and Edward Smolyansky (the "Smolyanskys"), who beneficially own approximately 29% of the outstanding common stock of Lifeway Foods, Inc. ("Lifeway" or the "Company"), today announced their demand that the Company's Chief Executive Of
Specifically Calls for Resignation and Replacement of Lead Director Jason Scher, Directors Pol Sikar, Jody Levy, Dorri McWhorter, Perfecto Sanchez and CEO/Chairperson Julie SmolyanskySeeks New Independent Board to be Comprised of up to 8 members, including past Director and Co-Founder Ludmila Smolyansky, as well as an invitation to current and past Director Juan Carlos Dalto, whom the Smolyansky's feel is the only qualified independent DirectorImmediate Termination of Lifeway Foods Corporate Representative and Julie Smolyansky's "Chief of Staff" and Spouse, Jason Burdeen, a former jeweler, whom is believed to be acting as the defacto CEO and General Counsel of LifewayAdoption of an Anti-Nepo
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. supplier of kefir and fermented probiotic products to support the microbiome, today announced that the Company has been included in the Russell 2000® and Russell 3000® Indexes, as part of the annual reconstitution of the Russell stock indexes, effective at the open of U.S. equity markets on July 1, 2024. "We are pleased that Lifeway has earned inclusion in the Russell indexes," said J
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: (LWAY), Lifeway Foods chose to dismiss its claims against PCO rather than proceed to a ruling on the merits. Edward Smolyansky, PCO Co-founder and President, stated, "We are extremely pleased Lifeway abandoned its lawsuit, and PCO can pivot from having to focus on beating back frivolous lawsuits to building on the momentum of its new product developments like PCO Kids Kefir, as well
Demand for Bioavailable Foods like Kefir Soars Net sales of $49.2 million; up 25.3% year-over-year driven by volume growth of Lifeway Kefir 19th consecutive quarter of year-over-year growth MORTON GROVE, Ill., Aug. 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 microbiome, today reported financial results for the second quarter ended June 30, 2024. "Our incredible momentum continued in the second quarter as we delivered our 19th consecutive quarter of net
MORTON GROVE, Ill., Aug. 6, 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 microbiome, today announced it will report financial results for the second quarter ended June 30, 2024 on August 13, 2024 before market hours. A pre-recorded conference call and webcast with Julie Smolyanksy, Lifeway's President and Chief Executive Officer, discussing these results with additional comments and details will be made available through the "Investor Relations" section of t
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 expansion MORTON GROVE, Ill., May 14, 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 microbiome, today reported financial results for the first quarter ended March 31, 2024. "Following our tremendous results in 2023, I am thrilled to report yet another record-breaking qua
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 microbiome, today announced it will report financial results for the first quarter ended March 31, 2024 on May 14, 2024 before market hours. A pre-recorded conference call and webcast with Julie Smolyanksy, Lifeway's President and Chief Executive Officer, discussing these results with additional comments and details will be made available through the "Investor Relations" section of the C
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., March 20, 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 microbiome, today reported financial results for the fourth quarter and full year ended December 31, 2023. "I am pleased to report another outstanding year for Lifeway Foods, highlighted by our record-bre
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 microbiome, today announced it will report financial results for the fourth quarter and full year ended December 31, 2023 on March 20, 2024 before market hours. A pre-recorded conference call and webcast with Julie Smolyanksy, Lifeway's President and Chief Executive Officer, discussing these results with additional comments and details will be made available through the "Investor Rela
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., Nov. 13, 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 microbiome, today reported financial results for the third quarter ended September 30, 2023. "I am excited to announce that our strong momentum continued in the third quarter as we once again set a Company
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 profit margin improvement MORTON GROVE, Ill., Aug. 14, 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 microbiome, today reported financial results for the second quarter ended June 30, 2023. "I am thrilled to report yet another exceptional quarter in 2023, highlighte
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 microbiome, today announced it will report financial results for the second quarter ended June 30, 2023 on August 14, 2023 before market hours. A pre-recorded conference call and webcast with Julie Smolyanksy, Lifeway's President and Chief Executive Officer, discussing these results with additional comments and details will be made available through the "Investor Relations" section of t
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/ -- Lifeway Foods, Inc. (NASDAQ:LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today reported financial results for the first quarter ended March 31, 2023. "Following our record fiscal year 2022, I am very pleased to announce our momentum continued into the first quarter of 2023 with our 14th consecutive quarter of strong year-over-year topline expansion," commented Julie Smolyansky, President and Chief Executive Office
Lifeway Foods, Inc. (NASDAQ:LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced that the Company has been included in the Russell 2000® and Russell 3000® Indexes, as part of the annual reconstitution of the Russell stock indexes, effective at the open of U.S. equity markets on July 1, 2024.
Gainers Bruush Oral Care (NASDAQ:BRSH) stock moved upwards by 26.8% to $0.15 during Wednesday's regular session. The market value of their outstanding shares is at $15.0 million. Planet Green Holdings (AMEX:PLAG) stock increased by 13.76% to $0.24. The market value of their outstanding shares is at $17.5 million. Davis Commodities (NASDAQ:DTCK) shares rose 11.44% to $1.12. The company's market cap stands at $27.4 million. United Natural Foods (NYSE:UNFI) stock moved upwards by 10.0% to $12.27. The company's market cap stands at $728.9 million. Dingdong (Cayman) (NYSE:DDL) stock increased by 9.89% to $2.11. The company's market cap stands at $458.2 million. Vintage Wine Estates (NASDAQ:
Lake Street maintains Lifeway Foods (NASDAQ:LWAY) with a Buy and raises the price target from $25 to $28.
Lifeway Foods (NASDAQ:LWAY) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.24 by 33.33 percent. This is a 166.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $44.634 million which beat the analyst consensus estimate of $42.250 million by 5.64 percent. This is a 17.76 percent increase over sales of $37.904 million the same period last year.
U.S. stocks were mixed, with the Dow Jones falling over 100 points on Wednesday. Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) rose sharply during Wednesday's session after the company reported better-than-expected first-quarter financial results and raised FY24 adjusted EPS guidance. Hilton Worldwide shares gained 5.7% to $208.21 on Wednesday. Here are some other big stocks recording gains in today's session. B. Riley Financial, Inc. (NASDAQ:RILY) shares gained 29.9% to $28.20 after the company announced the results of an independent investigation showed the company and its executives had no involvement with, or knowledge of, any of the alleged misconduct concerning Mr. K
Lake Street initiates coverage on Lifeway Foods (NASDAQ:LWAY) with a Buy rating and announces Price Target of $25.
Noble Capital Markets analyst Joe Gomes downgrades Lifeway Foods (NASDAQ:LWAY) from Outperform to Market Perform.