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Last $14.10 USD
Change Today +0.36 / 2.62%
Volume 13.5K
LWAY On Other Exchanges
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

lifeway foods inc (LWAY) Snapshot

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52 Week High
03/30/15 - $22.38
52 Week Low
08/27/15 - $13.15
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Current Stock Chart for LIFEWAY FOODS INC (LWAY)

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lifeway foods inc (LWAY) Details

Lifeway Foods, Inc., together with its subsidiaries, manufactures and sells probiotic, cultured, and functional dairy health food products. Its primary products include kefir, a dairy beverage in various flavors for use as a breakfast meal or a snack, or as a base for dressings, dips, soups, or sauces; ProBugs, drinkable kefir in pouches marketed to children; and frozen kefir. The company also offers Lifeway Farmer Cheese, a line of various farmer cheeses. It distributes its products through distributors in the United States; and in London, England. Lifeway Foods, Inc. was founded in 1986 and is headquartered in Morton Grove, Illinois.

360 Employees
Last Reported Date: 08/14/15
Founded in 1986

lifeway foods inc (LWAY) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.4M
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2014.

lifeway foods inc (LWAY) Key Developments

Lifeway Foods' New Protein Kefir Available on Harris Teeter Shelves Now

Lifeway Foods Inc. announced that Protein Kefir, the company's latest kefir innovation, has expanded distribution to Harris Teeter. More retailers will be carrying the product within the coming months. In addition to the 12 live and active kefir cultures and tart and tangy taste consumers love and expect from the cultured milk smoothie, each serving of Protein Kefir packs 20 grams of protein, which is considered the optimal amount by sports nutritionists to aid muscle repair. It's a creamy and refreshing way to recover after a tough sweat session at the gym, or as an anytime drink that tastes great and helps curb unhealthy snacking. Lifeway Protein Kefir can now be found at Harris Teeter stores throughout the South Atlantic.

Lifeway Foods Receives NASDAQ Extension Letter

Lifeway Foods, Inc. announced that it received a letter, dated August 25, 2015, from the Listing Qualifications Department of The NASDAQ Stock Market LLC ("NASDAQ") notifying the Company it has been granted an extension until September 28, 2015 to regain compliance with the periodic filing requirements for continued listing set forth in NASDAQ Listing Rule 5250(c)(1) ("Rule"). The letter notified the Company of noncompliance with the Rule as a result of the Company not filing with the Securities and Exchange Commission its Quarterly Reports on Form 10-Q for the fiscal quarter ended March 31, 2015 and the fiscal quarter ended June 30, 2015 (the "Second Quarter Form 10-Q"). The Company is continuing to work diligently to regain compliance with NASDAQ Rule 5250(c)(1) and to file the First Quarter Form 10-Q and the Second Quarter Form 10-Q.

Lifeway Foods Ramps Up Kefir Production at New Waukesha Facility

Lifeway Foods Inc. announced the beginning of kefir production at the former Golden Guernsey dairy plant in Waukesha, WI, that it acquired in May 2013 to increase its manufacturing capacity. Lifeway has been processing raw milk and producing its own bottles at the plant for more than a year, following major renovations as well as food safety certification of the upgraded facility. With the global market for probiotics expected to reach USD 52.34 billion by 2020, the company plans to capitalize with their 170,000-square-foot plant that will more than quintuple the combined manufacturing capacity of Lifeway's three existing facilities to support ongoing growth in the company's kefir business. The company plans to produce its top-selling products in Waukesha, taking advantage of both the large space and new high-speed manufacturing equipment to meet the demand for nutritious products from consumers throughout the country.


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