Quarterly ResultMay 14, 2026, 06:12 AM
Lifeway Foods Q1 Net Sales +36.7% to $63.0M; Net Income +32.0%
AI Summary
Lifeway Foods, Inc. reported strong financial results for the first quarter of 2026, with significant increases in net sales, net income, and earnings per share compared to the prior year. The company also saw a substantial increase in property, plant, and equipment, driven by construction in process, and utilized its revolving credit facility. Additionally, the Shareholder Rights Agreement was extended to October 2026, and the company continued its organic milk supply initiative.
Key Highlights
- Net Sales for Q1 2026 increased 36.7% to $63.01 million from $46.09 million in Q1 2025.
- Net Income for Q1 2026 rose 32.0% to $4.67 million from $3.54 million in Q1 2025.
- Basic Earnings Per Share for Q1 2026 was $0.31, up from $0.23 in Q1 2025.
- Total assets grew to $120.51 million at March 31, 2026, from $105.61 million at December 31, 2025.
- Property, plant and equipment, net increased to $57.84 million, with construction in process at $30.03 million.
- The company had $7.00 million outstanding under its Revolving Credit Facility as of March 31, 2026.
- Drinkable Kefir (excluding ProBugs) represented 87% of net sales in Q1 2026.
- The Shareholder Rights Agreement was extended to October 29, 2026.
Price Impact
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