Lifeway Foods (LWAY) Q1 Earnings Miss, Sales Beat Estimates
LWAYLifeway Foods(LWAY) Zacks Investment Research·2024-05-16 00:41

Lifeway Foods, Inc. (LWAY) posted first-quarter 2024 results, wherein the top line beat the Zacks Consensus Estimate, while the bottom line missed the same. Both net sales and earnings experienced a year-over-year increase. Amid macro headwinds, LWAY has notably achieved a significant boost in net sales,particularly driven by strategic sales and marketing investments. These investments are evidently driving volume growth and increasing awareness among consumers. Lifeway Foods has achieved 18th consecutive q ...