LWAY Stock Recent News

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.

Lifeway dominates the kefir market, with over 90% market share. The global probiotics market, valued at $70.95 billion in 2023, is expected to reach $115-$128 billion by 2030, with a CAGR of 8.6%. When the global market for kefir expands, Lifeway is well-positioned to capitalize on international growth opportunities.

Specifically Calls for Resignation and Replacement of Lead Director Jason Scher, Directors Pol Sikar, Jody Levy, Dorri McWhorter, Perfecto Sanchez and CEO/Chairperson Julie Smolyansky Seeks 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 Director Immediate 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 Lifeway Adoption of an Anti-Nepotism Policy to the Bylaws  Calls for Operational and Strategic Review of Business  Full Letter and Presentation Available www.lifebacktolifeway.com CHICAGO , July 18, 2024 /PRNewswire/ -- Ludmila and Edward Smolyansky ("The Smolyanskys"), who beneficially own approximately 29% of Lifeway Fo

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.

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 as beginning to build our sales and marketing team.

Lifeway Foods, Inc. stock has experienced a recent selloff, which may be an overreaction. The company has a low P/E ratio and a strong financial position, making it an attractive investment. Lifeway Foods has great management, high ownership, low debt levels, and a dominant position in its niche market.

Lifeway Foods, Inc. (NASDAQ:LWAY ) Q1 2024 Earnings Conference Call May 14, 2024 9:00 AM ET Company Participants Julie Smolyansky - Chairperson of the Board, President and CEO Conference Call Participants Operator Good morning. Welcome to Lifeway Foods' First Quarter 2024 Conference Call.

Lifeway Foods' (LWAY) Q1 results are likely to reflect gains from product innovation and customer engagement, while challenges associated with a volatile operational landscape persist.

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.

Consumer staple stocks like Colgate-Palmolive Company (CL), Grocery Outlet Holding Corp. (GO), Pilgrim's Pride Corporation (PPC), Lifeway Foods, Inc. (LWAY) and The Vita Coco Company, Inc. (COCO) are a safe choice amid rising inflation.