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Stock impact report

Lifeway Foods, Inc. Announces Results for the First Quarter Ended March 31, 2019

Lifeway Foods, Inc. (LWAY) 
Last lifeway foods, inc. earnings: 5/18 05:59 pm Check Earnings Report
US:NASDAQ Investor Relations: lifewaykefir.com/investor-relations
Company Research Source: GlobeNewswire
MORTON GROVE, Ill., May 20, 2019 (GLOBE NEWSWIRE) -- Lifeway Foods, Inc. (Nasdaq: LWAY) (“Lifeway” or “the Company”), the 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, 2019. “We are encouraged with our solid start to 2019,” said Julie Smolyansky, CEO of Lifeway Foods, Inc. “We believe the sequential improvements in net sales and profitability from the fourth quarter of 2018 demonstrate the positive effects of our organizational changes, including key operational efficiencies to support our new strategic growth initiatives.  Looking ahead, we remain excited about our opportunities to build consumer awareness of our kefir and fermented probiotic products through distribution expansion and our robust 2019 product innovation as we generate further progress across our business.” First Quarter ResultsNet sales were $24.6 million for the first quarter of 2019, an increa Show less Read more
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