Lifeway Foods to Showcase Growth at Annual Lake Street Conference
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Lifeway Foods to Showcase Growth at Annual Lake Street Conference
Lifeway Foods, Inc. (Nasdaq: LWAY), a prominent U.S. supplier of kefir and other fermented probiotic products, has announced its participation in the upcoming 8th Annual Lake Street Capital Markets Best Ideas Growth Conference. This event, which serves as a platform for innovative companies to connect with investors, will take place in a major city.
Event Details and Investor Engagement
During the conference, Lifeway's President and CEO, Julie Smolyansky, will engage in one-on-one meetings with institutional investors. This presents a valuable opportunity for Lifeway to showcase its business performance and long-term growth strategy. Investors looking to schedule a meeting can reach out to their contacts at Lake Street Capital.
A Record Performance in Probiotic Market
Lifeway Foods has emerged as a leader in the natural probiotic dairy sector. Recently, the company announced a remarkable achievement of experiencing its 19th consecutive quarter of year-over-year volume growth. For the second quarter, when their net sales reached $49.2 million, it marked a significant 25.3% increase from the previous year, underscoring Lifeway's strong market position in the health-focused beverage sector.
About Lifeway Foods, Inc.
As a recognized leader in the probiotic beverage industry, Lifeway Foods, Inc. has gained accolades, including recognition from Forbes as one of the Best Small Companies. The firm is known for its delectable and nutritious kefir products, which are strategically designed to support gut health. Not only does Lifeway produce drinkable kefir, but it also offers a range of cheeses and a ProBugs line catered to children. Their products are available across North America and parts of Europe, making them a familiar name among health-conscious consumers.
Media and General Inquiries
For media inquiries, Derek Miller, Vice President of Communications at Lifeway Foods, is available for commentary. He can be reached directly via email or through other contact methods provided directly to the company’s communication channels.
Frequently Asked Questions
What is Lifeway Foods, Inc. known for?
Lifeway Foods, Inc. is known for its kefir and fermented probiotic products, which promote gut health.
When will Lifeway participate in the Lake Street Conference?
The exact date of Lifeway's participation at the Lake Street Conference will be announced shortly.
How has Lifeway performed financially?
Lifeway reported $49.2 million in net sales for the most recent quarter, showing a year-over-year growth of 25.3%.
Who is the CEO of Lifeway Foods?
Julie Smolyansky is the President and Chief Executive Officer of Lifeway Foods.
How can media reach Lifeway Foods?
Media can contact Derek Miller, Vice President of Communications, through the email provided for inquiries.
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