Lifeway Foods Inc - Company Profile
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Lifeway Foods Inc (Lifeway) manufactures and distributes dairy products, beverages probiotic products. The company classifies its offerings in product categories such as Drinkable Kefir other than ProBugs, Cheese, Cream and Other, Other Diary, ProBugs Kefir and Drinkable Yogurt. It also offers probiotic products for children and adults. Lifeway offers its products under Lifeway, Glen Oaks and Fresh Made brands. The company also operates through its subsidiaries and manufactures products for children. It distributes and sells products through brokers, direct sales force, online networks and distributors. Lifeway is headquartered in Morton Grove, Illinois, the US.
Headquarters
United States of America
Address
6431 Oakton Street, Morton Grove, Illinois, 60053
Website
www.lifewaykefir.com
Telephone
1 847 9671010
No of Employees
289
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
LWAY (NASD)
Revenue (2022)
$141.6M
18.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-72.1%
(2022 vs 2021)
Market Cap*
$293.7M
Net Profit Margin (2022)
XYZ
-76.6%
(2022 vs 2021)
* As of and is in US$
Lifeway Foods Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Kefir | : |
| Cheese | Lifeway |
| Biokefir | Fresh Made |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In March, the company launched new flavors . |
| 2022 | Contracts/Agreements | In July, the company announced agreement with Edward and Ludmila Smolyansky to execute its strategic plan. |
| 2022 | New Products/Services | In February, the company introduced new line of Adaptogenic functional mushroom beverages at the 2022 Winter Fancy Food Show. |
Competitor Comparison
| Key Parameters | Lifeway Foods Inc | Nestle SA | PepsiCo Inc | Danone SA | General Mills Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | United States of America | France | United States of America |
| City | Morton Grove | Vevey | Purchase | Paris | Minneapolis |
| State/Province | Illinois | Waadt | New York | Ile-de-France | Minnesota |
| No. of Employees | 289 | 275,000 | 315,000 | 96,166 | 34,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ludmila Smolyansky | Chairman | Executive Board | 2002 | 73 |
| Julie Smolyansky | President; Secretary; Chief Executive Officer; Director | Executive Board | 2002 | 48 |
| Eric Hanson | Chief Financial and Accounting Officer; Controller; Treasurer | Senior Management | 2018 | 48 |
| Dorri McWhorter | Director | Non Executive Board | 2020 | 49 |
| Jason Scher | Director | Non Executive Board | 2012 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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