Lifeway Foods® to Participate in the 8th Annual Lake Street Best Ideas Growth Conference

Lifeway Foods (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products, announced its participation in the 8th Annual Lake Street Capital Markets Best Ideas Growth Conference on September 12, 2024, in New York City.

Rhea-AI Summary

Lifeway Foods (Nasdaq: LWAY), a leading U.S. supplier of kefir and fermented probiotic products, announced its participation in the 8th Annual Lake Street Capital Markets Best Ideas Growth Conference on September 12, 2024, in New York City. Julie Smolyansky, Lifeway's President and CEO, will conduct one-on-one meetings with institutional investors during the event.

The company recently reported its 19th consecutive quarter of year-over-year volume growth. For the second quarter ended June 30, 2024, Lifeway Foods achieved net sales of $49.2 million, representing a significant 25.3% increase compared to the previous year. This growth underscores Lifeway's strong position in the natural probiotic dairy market, particularly in kefir and farmer cheese products.

Argus Session date unavailable

-0.60% session move Open Argus

Details

News Market Reaction – LWAY

The recorded move for LWAY in the trading session of this news was -0.60%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

MORTON GROVE, Ill., Sept. 3, 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 will participate in the 8^th Annual Lake Street Capital Markets Best Ideas Growth Conference on Thursday, September 12, 2024 in New York City.

Julie Smolyansky, Lifeway's President and Chief Executive Officer, will host one-on-one meetings with institutional investors throughout the day. Investors interested in arranging a meeting should contact their Lake Street representative.

A leader in the natural probiotic dairy space with kefir and farmer cheese, Lifeway Foods recently announced its 19^th consecutive quarter of year-over-year volume growth. Net sales for the second quarter ended June 30, 2024 were $49.2 million, up 25.3% year-over-year.

About Lifeway Foods, Inc.
Lifeway Foods, Inc., which has been recognized as one of Forbes' Best Small Companies, is America's leading supplier of the probiotic, fermented beverage known as kefir. In addition to its line of drinkable kefir, the company also produces a variety of cheeses and a ProBugs line for kids. Lifeway's tart and tangy fermented dairy products are now sold across the United States, Mexico, Ireland and France. Learn how Lifeway is good for more than just you at lifewayfoods.com.

Media:
Derek Miller 
Vice President of Communications, Lifeway Foods
Email: derekm@lifeway.net 

General inquiries:
Lifeway Foods, Inc.
Phone: 847-967-1010
Email: info@lifeway.net

View original content to download multimedia:https://www.prnewswire.com/news-releases/lifeway-foods-to-participate-in-the-8th-annual-lake-street-best-ideas-growth-conference-302237203.html

SOURCE Lifeway Foods, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is Lifeway Foods (LWAY) participating in the Lake Street Best Ideas Growth Conference?

Lifeway Foods (LWAY) is participating in the 8th Annual Lake Street Capital Markets Best Ideas Growth Conference on Thursday, September 12, 2024, in New York City.

What were Lifeway Foods' (LWAY) net sales for Q2 2024?

Lifeway Foods (LWAY) reported net sales of $49.2 million for the second quarter ended June 30, 2024, which represents a 25.3% increase year-over-year.

How many consecutive quarters of year-over-year volume growth has Lifeway Foods (LWAY) achieved?

Lifeway Foods (LWAY) has achieved 19 consecutive quarters of year-over-year volume growth, as reported in their recent announcement.

What products is Lifeway Foods (LWAY) known for in the probiotic market?

Lifeway Foods (LWAY) is a leading supplier of kefir and fermented probiotic products, with a strong position in the natural probiotic dairy space, particularly in kefir and farmer cheese products.