Lifeway Foods, Inc. (LWAY) Reports Q2 EPS of $0.13

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Lifeway Foods, Inc. Announces Results for the Second Quarter Ended June 30, 2016

August 17, 2016 8:01 AM EDT

MORTON GROVE, Ill., Aug. 17, 2016 (GLOBE NEWSWIRE) -- Lifeway Foods, Inc., (Nasdaq: LWAY), the leading U.S. supplier of kefir cultured dairy products, today reported financial results for the second quarter ended June 30, 2016.

We are pleased to report solid top-line growth and strong margin expansion primarily from lower milk prices and manufacturing efficiencies which fueled our highest second quarter profitability in the Companys history, said Julie Smolyansky, CEO of Lifeway Foods, Inc. Our team continues to build Lifeways consumer awareness of our diverse portfolio of kefir products and we achieved increased... More