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Lifeway notes that Edward Smolyansky was previously terminated for cause as an officer of the company MORTON GROVE, Ill. , March 24, 2025 /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, which recently reported record full-year earnings for 2024 and delivered its 22nd consecutive quarter of growth, has issued the following statement regarding Edward Smolyansky's nomination notice with respect to seven candidates to replace the Company's entire Board of Directors at the Company's 2025 annual meeting of shareholders: "Lifeway maintains a consistent dialogue with its shareholders and welcomes constructive input on creating shareholder value.
CHICAGO , March 17, 2025 /PRNewswire/ -- Edward Smolyansky, who, together with Ludmila Smolyansky, beneficially owns 4,163,141 shares of common stock, today launched a formal campaign to stop the further eroding of value taking place at Lifeway Foods, Inc (NASDAQ: LWAY ) by submitting and filing a Notice regarding Planned Nominees for election at the upcoming 2025 Annual Meeting. Lifeway Foods has reached an inflection point.
Company achieves 2024 net sales of $186.8 million; up 17% year-over-year 21st consecutive quarter of year-over-year growth Growing consumer interest in probiotic foods with bioavailable nutrients continues to drive strong demand for Lifeway products MORTON GROVE, Ill. , March 14, 2025 /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, reported financial results for the fourth quarter and full year ended December 31, 2024.
MORTON GROVE, Ill. , March 4, 2025 /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, issued the following statement regarding most recent predatory actions by Danone (OTCQX: DANOY): Danone has continued its hostile behavior in its latest Schedule 13D filed with the Securities and Exchange Commission referencing a lawsuit against Lifeway.
Attendees will also get to sample new Lactose-Free Flavor Fusions and Probiotic Smoothies + Collagen MORTON GROVE, Ill. , Feb. 28, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products that support the microbiome, will showcase its innovative probiotic salad dressing concepts and new conventional whole milk kefir flavors to complement Lifeway's popular organic whole milk kefir line at Natural Products Expo West 2025, which will take place from March 4th-7th at the Anaheim Convention Center in Anaheim, CA.
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.
In the closing of the recent trading day, Lifeway Foods (LWAY) stood at $21.49, denoting a +0.7% change from the preceding trading day.
Gain comes as a result of early investment in Simple Mills made by Lifeway in 2015 MORTON GROVE, Ill. , Feb. 11, 2025 /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, expects to realize approximately $5 million of net profit as a result of the recently announced sale of Simple Foods to Flowers Foods.
Summarizes recent filings and next steps, previews upcoming proxy schedule Reaffirms and updates previously stated goal CHICAGO , Feb. 3, 2025 /PRNewswire/ -- Edward and Ludmila Smolyansky ("Founding Shareholders"), who together exercise sole voting control with respect to approximately 28% of the outstanding shares of common stock of Lifeway Foods, Inc. ("Lifeway" or the "Company"), today requested that Lifeway's Board of Directors force its CEO and Chairperson, Julie Smolyansky to immediately withdraw her most recent lawsuit filed in Cook County, IL against the Company's largest individual shareholder Edward Smolyansky. On December 23, 2024, Lifeway's Compensation Committee, led by director Jason Scher, awarded what was described as a $2 million "retention bonus.
Event coincides with recently announced projections for record Q4 2024 and Full Year 2024 net sales MORTON GROVE, Ill. , Jan. 30, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), the leading U.S. supplier of kefir and fermented probiotic products, will ring the closing bell at the Nasdaq MarketSite in Times Square, New York City on Monday, February 3, 2025.