Lifeway Foods, Inc. (LWAY) NASDAQ

22.59

-0.84(-3.59%)

Updated at June 02 04:00PM

Currency In USD

Lifeway Foods, Inc.

Address

6431 West Oakton Street

Morton Grove, IL 60053

United States of America (the)

Phone

847 967 1010

Sector

Consumer Defensive

Industry

Packaged Foods

Employees

291

First IPO Date

December 29, 1988

Key Executives

NameTitlePayYear Born
Julie SmolyanskyChairperson of the Board, Chief Executive Officer, President & Secretary2.64M1975
Eric A. HansonChief Financial Officer, Chief Accounting Officer & Treasurer784,4621975

Description

Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types, including low fat, non-fat, whole milk, protein, and BioKefir. The company also offers European-style soft cheeses; cream and other products; ProBugs, a line of kefir products designed for children; cupped kefir and Icelandic Skyr, a line of strained kefir and yogurt products; and frozen kefir in soft serve and pint-size containers. It sells its products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers primarily through direct sales force, brokers, and distributors. The company was founded in 1986 and is based in Morton Grove, Illinois.