Lifeway Foods

The Lifeway Foods story begins in 1986 with kefir, a milk-based cultured drink that is popular in Eastern Europe and is said to be more nutritional than yogurt. That year, Russian immigrant Michael Smolyansky began manufacturing kefir in his basement to bring the taste of his native country to the U.S. After Michael Smolyansky passed away in 2002, his daughter Julie Smolyansky assumed the role of President, while his son Edward Smolyansky assumed the role of Chief Financial Officer and Treasurer. Today, Lifeway is the country’s leading manufacturer of kefir, with multiple flavors and varieties that include lowfat, whole milk and organic versions as well as a children’s line, and a provider of other probiotic natural and organic dairy products for health-conscious consumers.

Type
Public
HQ
Morton Grove, US
Founded
1986
Employees
370 (est)+3%
Lifeway Foods was founded in 1986 and is headquartered in Morton Grove, US

Lifeway Foods Locations

Morton Grove, US

Lifeway Foods Metrics

Lifeway Foods Summary

Market capitalization

$177 M

Closing share price

$11.1
Lifeway Foods's current market capitalization is $177 M.

Lifeway Foods Financials

Lifeway Foods's revenue is $137 M in FY, 2015 which is 5.4% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

$97.5 M$130 M$137 M

Gross profit

$27.6 M$28.9 M$31.6 M

Operating income

$8.03 M$4.24 M$4.4 M

Operating expense total

$19.6 M$24.6 M$27.2 M

Net Income

$4.99 M$1.96 M$1.97 M

Operating cash flow

$1.02 M$-46.4 K$2.39 M

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