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

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Lifeway Foods, Inc. Announces Results for the Fourth Quarter and Fiscal Year Ended December 31, 2015

March 15, 2016 4:05 PM EDT

MORTON GROVE, Ill., March 15, 2016 (GLOBE NEWSWIRE) -- Lifeway Foods, Inc., (Nasdaq: LWAY), the leading U.S. supplier of kefir cultured dairy products, today reported financial results for the fourth quarter and fiscal year ended December 31, 2015.

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 Lifeways production capabilities, and new additions to our team. Additionally, we ramped up our marketing and advertising initiatives as well as increased... More