Lifeway Foods, INC

Market Movers (8-K)

NASDAQ
Lifeway Foods, Inc. has entered into a Master Security Agreement with CIBC Bank USA, establishing an interim funding facility of up to $22 million for equipment acquisition.
NASDAQ
Lifeway Foods held its 2026 Annual Meeting of Shareholders, re-electing all board nominees and ratifying the appointment of Grant Thornton LLP as independent auditors.
NASDAQ
Lifeway Foods, Inc. has officially redeemed all outstanding preferred share purchase rights, effectively terminating its shareholder rights agreement.
NASDAQ
Lifeway Foods has supplemented its proxy statement to include Jason Scher as a director nominee for re-election, maintaining an eight-member board.
NASDAQ
Lifeway Foods announced the pricing of a secondary underwritten public offering of 3,454,756 shares of common stock by Danone USA Public Benefit Corporation at $19.50 per share.
NASDAQ
Lifeway Foods announced record-breaking first quarter results for 2026, with net sales reaching $63.0 million, a 37% increase driven by strong performance in Lifeway Kefir and Farmer Cheese.
Better than expected

Quarterly Earnings (10-Q)

NASDAQ
Lifeway Foods Inc. announced a significant increase in net sales and improved gross profit margins for the first quarter of 2026, driven by higher kefir volumes and manufacturing efficiencies.
Capital raise
Better than expected
NASDAQ
Lifeway Foods, Inc. announced robust financial results for the third quarter and first nine months of 2025, driven by increased kefir volumes and improved gross profit margins.
Better than expected
NASDAQ
Lifeway Foods reported record second-quarter net sales of $53.9 million, driven by strong volume growth in its core kefir products and significant gross margin expansion.
Better than expected
Capital raise
NASDAQ
Lifeway Foods announces a 3.3% increase in net sales for Q1 2025, marking the 22nd consecutive quarter of year-over-year growth, fueled by strong demand for its kefir products.
Better than expected
NASDAQ
Lifeway Foods announced a strong third quarter with a 12.7% increase in net sales, marking its 20th consecutive quarter of year-over-year growth.
Better than expected
NASDAQ
Lifeway Foods reports a record second quarter with a 25.3% increase in net sales, fueled by strong demand for its branded drinkable kefir.
Better than expected

Annual Reports (10-K)

NASDAQ
Lifeway Foods, Inc. announced a significant increase in net sales and net income for fiscal year 2025, alongside key corporate governance changes and strategic investments.
Better than expected
NASDAQ
Lifeway Foods files an amendment to its 2024 Annual Report on Form 10-K to include information required by Part III, covering directors, executive officers, compensation, and related matters.
NASDAQ
Lifeway Foods reports a 17% year-over-year increase in net sales for 2024, reaching $186.8 million, fueled by strong demand for its drinkable kefir.
Better than expected
NASDAQ
Lifeway Foods achieved record annual net sales of $160.1 million in 2023, marking a 13.1% increase year-over-year, fueled by strong demand for its drinkable kefir products.
Better than expected

Insider Trading (Form 4)

NASDAQ
Ludmila Smolyansky, Member of 10% owner group of Lifeway Foods, Inc., sold 100,000 shares of common stock on July 22, 2026.
NASDAQ
Edward Smolyansky, a 10% owner of Lifeway Foods, Inc., sold 66,916 shares of common stock on July 15, 2026.
NASDAQ
Lifeway Foods, Inc. Director Edward Smolyansky reported the sale of common stock totaling over $1.2 million.
NASDAQ
Edward Smolyansky, a Director at Lifeway Foods, Inc. (LWAY), reported the sale of a significant number of common shares.
NASDAQ
Edward Smolyansky, a Director at Lifeway Foods, Inc., reported significant transactions involving the sale and acquisition of company common stock.
NASDAQ
Lifeway Foods Director Andee Harris has reported transactions involving restricted stock units and phantom stock, indicating changes in beneficial ownership.

Proxy Statements (Def-14A)

NASDAQ
Lifeway Foods, Inc. has issued its 2026 proxy statement detailing director elections, auditor ratification, and executive compensation proposals.
Better than expected
NASDAQ
Institutional Shareholder Services (ISS) has recommended that Lifeway Foods shareholders vote FOR all company director nominees and WITHHOLD votes from dissident nominees at the upcoming 2025 Annual Meeting.
NASDAQ
Lifeway Foods issues a corrected press release detailing disqualifying track records and ethical failures of dissident director nominees Edward Smolyansky and George Sent.
Better than expected
Delay expected
NASDAQ
Edward Smolyansky, a major shareholder, is soliciting proxies to elect two new directors and establish a committee for strategic review at Lifeway Foods' 2025 Annual Meeting, citing board ineffectiveness and mishandling of a Danone acquisition offer.
NASDAQ
Lifeway Foods issues a strong letter to shareholders, detailing disqualifying track records and ethical failures of dissident director nominees Edward Smolyansky and George Sent.
Better than expected
Delay expected
NASDAQ
Lifeway Foods, Inc. announced its 2025 Annual Meeting of Shareholders, featuring a contested director election and proposals on corporate governance, executive compensation, and a shareholder-initiated strategic review.
Better than expected
Delay expected

Schedule 13D - Activist Investments

NASDAQ
Lifeway Foods, Inc. sees significant beneficial ownership changes reported by key stakeholders, collectively holding 24.5% of outstanding shares.
NASDAQ
Edward Smolyansky, a 20% holder, notified plans to nominate himself and George Sent for election to Lifeway Foods’ board at the 2025 annual meeting, per an amended Schedule 13D.
NASDAQ
Edward Smolyansky, a significant shareholder, has notified Lifeway Foods of his intent to nominate a new director and propose a new independent board committee to evaluate management and strategy.
NASDAQ
Danone S.A. and Danone North America PBC have entered into an agreement with Lifeway Foods, Inc. to facilitate the potential sale of their 22.7% stake and implement corporate governance changes.
NASDAQ
Danone North America PBC has ceased its pursuit of acquiring Lifeway Foods, Inc. after due diligence, now reviewing alternatives for its 22.7% stake.
Worse than expected
NASDAQ
Danone S.A. and Lifeway Foods, Inc. have re-entered discussions regarding a potential acquisition, formalized by a confidentiality agreement with standstill provisions until September 15, 2025.

Schedule 13G - Passive Investments

NASDAQ
Citadel Advisors and Kenneth Griffin have filed a Schedule 13G reporting a 5.8% beneficial ownership stake in Lifeway Foods, Inc.
NASDAQ
Divisadero Street Capital Management, LP has filed an amendment reporting a 13.8% beneficial ownership stake in Lifeway Foods, Inc.
NASDAQ
Divisadero Street Capital Management and affiliated entities have increased their beneficial ownership in Lifeway Foods, Inc. to 8.9% of common stock.
NASDAQ
Divisadero Street Capital Management and related entities report a 5.7% beneficial ownership stake in Lifeway Foods, Inc. common stock.