Lifeway Foods, Inc. (LWAY) NASDAQ

Currency In USD

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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
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Description

Lifeway Foods, Inc. manufactures and distributes a variety of probiotic-rich goods, serving both the United States and international markets. Its principal offering is drinkable kefir, a fermented dairy item available in numerous forms, including organic and conventional options, various volumes, flavors, and formulations such as reduced-fat, fat-free, whole milk, high-protein, and BioKefir. Additionally, the company supplies European-style soft cheeses, cream, and other dairy selections. Their product portfolio also features ProBugs, a dedicated kefir line for children; single-serving cupped kefirs; Icelandic Skyr, which includes strained kefir and yogurt products; and frozen kefir in both soft-serve and pre-packaged pint formats. These products are sold under their proprietary Lifeway and Fresh Made brand names, and also as private label merchandise for other customers. Sales are primarily conducted via their internal sales personnel, alongside the use of brokers and third-party distributors. The company was founded in 1986 and maintains its headquarters in Morton Grove, Illinois.

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