Company Lifeway Foods, Inc.

Equities

LWAY

US5319141090

Food Processing

Market Closed - Nasdaq 04:00:01 2024-04-23 pm EDT 5-day change 1st Jan Change
20.46 USD +2.81% Intraday chart for Lifeway Foods, Inc. +0.10% +52.57%

Business Summary

Lifeway Foods, Inc. is a producer and marketer of kefir in the United States. The Company’s primary product is drinkable kefir, a cultured dairy product sold in a variety of organic and non-organic sizes, flavors and types. Lifeway kefir is tart and tangy, high in protein, calcium, and vitamin D. Its product categories also include European-style soft cheeses, including farmer cheese, white cheese, and Sweet Kiss; Cream and other, which consists primarily of cream, a byproduct of making its kefir; ProBugs, a line of kefir products designed for children, Drinkable yogurt, sold in a variety of sizes and flavors; and Other Dairy, which consists primarily of Fresh Made butter and sour cream. It manufactures (directly or through co-packers) and market products under the Lifeway, Fresh Made and Glen Oaks Farms brand names, as well as under private labels on behalf of certain customers. The Company sells its products primarily through its direct sales force, brokers, and distributors.

Number of employees: 289

Sales per Business

USD in Million2022Weight2023Weight Delta
Drinkable Kefir Other than ProBugs
79.8 %
110 77.9 % 128 79.8 % +15.85%
Cheese
8.6 %
13 8.9 % 14 8.6 % +8.93%
Cream and Other
4.6 %
7 5.3 % 7 4.6 % -1.11%
Drinkable Yogurt
3.9 %
6 4.3 % 6 3.9 % +2.15%
ProBugs Kefir
2.1 %
3 2.4 % 3 2.1 % +0.76%
Other Dairy
1.0 %
2 1.2 % 2 1.0 % -7.54%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
142 100.0 % 160 100.0 % +13.11%

Managers

Managers TitleAgeSince
Chief Executive Officer 49 02-05-31
Director of Finance/CFO 49 16-06-30
- -
Sales & Marketing 48 18-10-30

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 49 02-05-31
Director/Board Member 76 86-01-31
Director/Board Member 60 04-06-30
Director/Board Member 50 20-06-29
Director/Board Member 49 12-06-30
Director/Board Member 45 20-02-10
Director/Board Member 39 22-08-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 17,273,987 4,381,566 ( 25.37 %) 2,583,000 ( 14.95 %) 25.37 %

Shareholders

NameEquities%Valuation
DANONE
23.52 %
3,454,756 23.52 % 59 M $
3,104,975 21.14 % 53 M $
2,143,558 14.59 % 37 M $
1,317,684 8.969 % 23 M $
Renaissance Technologies LLC
2.793 %
410,310 2.793 % 7 M $
Dimensional Fund Advisors LP
2.161 %
317,479 2.161 % 5 M $
Vanguard Global Advisers LLC
1.774 %
260,569 1.774 % 4 M $
Hillsdale Investment Management, Inc.
1.600 %
235,097 1.600 % 4 M $
Millennium Management LLC
0.6620 %
97,250 0.6620 % 2 M $
Marshall Wace LLP
0.6245 %
91,750 0.6245 % 2 M $

Company contact information

Lifeway Foods, Inc.

6431 West Oakton Street

60053, Morton Grove

+

http://www.lifewaykefir.com
address Lifeway Foods, Inc.(LWAY)
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