Lifeway Foods, Inc. (LWAY) Misses Q4 EPS by 3c

Lifeway Foods, Inc. (NASDAQ: LWAY) reported Q4 EPS of $0.02, $0.03 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $29.5 million versus the consensus estimate of $29.95 million.

“In 2015, we took decisive steps to better position Lifeway for future growth,” said Julie Smolyansky, CEO of Lifeway Foods, Inc. “These include strategic investments in new product innovation, continued investment in Lifeway’s production capabilities, and new additions to our team. Additionally, we ramped up our marketing and advertising initiatives as well as increased our investments in trade promotions, both of which have led to a strong start thus far in 2016.”

For earnings history and earnings-related data on Lifeway Foods, Inc. (LWAY) click here.

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