Lifeway Foods Earnings Reports

Lifeway Foods delivered record Q2 net sales of $53.9M, expanded gross margin to 28.6%, and posted GAAP diluted EPS of $0.28 with net income of $4.25M. Management also highlighted strong momentum into Q3 to date.

Lifeway Foods, Inc. announced strong financial results for the first quarter ended March 31, 2025, with net sales increasing by 3.3% year-over-year to $46.1 million. Net income rose significantly to $3.54 million, resulting in diluted EPS of $0.23. The growth was primarily attributed to increased volumes of branded drinkable kefir and a substantial gain from the sale of investments.

Lifeway Foods achieved record net sales of $46.9 million in the fourth quarter of 2024, marking its 21st consecutive quarter of year-over-year growth. The company's full-year net sales reached $186.8 million, a 17% increase from the prior year, driven by strong demand for its probiotic products.