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.
Fourth quarter net sales reached $46.9 million, the second highest-ever quarterly net sales.
Full year 2024 net sales were $186.8 million, up 16.7% year-over-year.
The company reported its 21st consecutive quarter of year-over-year growth.
Net income for the fourth quarter was -$160,000, while full-year net income was $9.0 million.
Lifeway Foods is confident in its future performance, expecting to deliver strong momentum into 2025 and achieve significant Adjusted EBITDA by FY2027.
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