Lifeway Foods IncLWAY
▼ NegativeSupplyrelevance
Record sales but profit squeezed by elevated milk, resin, and transportation costs.
Impact on stocks 3
Consumer Staples
Lifeway Foods posts record Q2 sales but profit squeezed by costs
Earnings
Lifeway Foods reported record quarterly net sales of $66.9 million, up 24.1% year-over-year, marking its 27th consecutive quarter of growth. Gross margin compressed to 19.5% due to elevated milk prices, increased resin costs, and higher transportation expenses, leaving net income at just $0.1 million, or $0.01 per share. The company highlighted distribution wins including Muscle Mates in nearly 800 Walmart locations and Farmer Cheese coming to about 450 Target stores this fall. CEO Julie Smolyansky said elevated input costs are expected to remain a headwind in the third quarter, while the Waukesha facility expansion remains on track for early 2027.
Lifeway Foods IncRecord sales but profit squeezed by elevated milk, resin, and transportation costs.
Target Corporation
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