Lifeway Foods® Announces Record-Breaking Fourth Quarter and Monumental Full Year 2023 Results [Yahoo! Finance]
Lifeway Foods, Inc. (LWAY)
Last lifeway foods, inc. earnings: 5/18 05:59 pm
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lifewaykefir.com/investor-relations
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Source: Yahoo! Finance
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-breaking annual net sales, and driven by volume growth in our flagship Lifeway drinkable kefir," commented Julie Smolyansky , President and Chief Executive Officer of Lifeway Foods. "Our exceptional results in 2023 culminated with our highest ever quarterly net sales of $42.1 million in the fourth quarter, our 17 th consecutive quarter of year-over-year growth. Our volume growth throughout the year is a testament to the steadfast loyalty of our expanding customer base. It is also a product of the effectiveness of our strategic
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LWAY
Sec Filings
- 4/26/24 - Form SC
- 4/25/24 - Form 4
- 4/23/24 - Form 4
- LWAY's page on the SEC website