Lifeway Foods, Inc. reported net sales of $46.1 million for the first quarter ended March 31, 2025, an increase of 3.3% from the same period in 2024. On a comparable basis, excluding strategic adjustments, the company delivered approximately 11% volume-led growth, marking its 22nd consecutive quarter of year-over-year net sales growth.
Net income for the first quarter increased significantly by 44% to $3.5 million, or $0.23 per diluted share, compared to $2.4 million, or $0.16 per diluted share, in Q1 2024. Gross profit as a percentage of net sales was 24.0% for the quarter.
Lifeway reaffirmed its long-term target of $45-$50 million in Adjusted EBITDA for fiscal year 2027. The company also secured commitments for over 2,000 total incremental points of distribution across its product lines, including Farmer Cheese, Flavor Fusions, and Probiotic Smoothies with Collagen.
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