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Here is how Lifeway Foods (LWAY) and Dole (DOLE) have performed compared to their sector so far this year.
Does Lifeway Foods (LWAY) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Lifeway (LWAY) possesses solid growth attributes, which could help it handily outperform the market.
Lifeway Foods, Inc. (NASDAQ:LWAY ) Q2 2024 Earnings Conference Call August 13, 2024 9:00 AM ET Company Participants Julie Smolyansky - President and Chief Executive Officer Conference Call Participants Operator Good morning. Welcome to Lifeway Foods' Second Quarter 2024 Conference Call.
Lifeway Foods reported strong Q2'24 earnings, with sales up 25% YoY. The company remains undervalued despite positive earnings, with a price target of $24.09 and potential for future growth. Lifeway's focus on probiotic products like kefir, along with increasing brand loyalty, positions them well for continued success in the market.
Lifeway reported strong sales and earnings growth this morning. At the same time, the company's co-founder and former COO -- family of the current CEO -- are moving to replace the board and the CEO.
Lifeway Foods (LWAY) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.21 per share a year ago.
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.
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.