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An update from Lifeway Foods ( (LWAY) ) is now available.
On February 11, 2025, Lifeway Foods announced it expects to gain approximately $5 million from the sale of Simple Mills to Flowers Foods, following its early investment in Simple Mills in 2015. This transaction, pending regulatory approval and expected to close in the first quarter of 2025, will bring Lifeway’s total proceeds from this investment to around $6.5 million. The company congratulated Simple Mills and reaffirmed its support for its CEO, Julie Smolyansky, who was instrumental in the initial investment decision.
More about Lifeway Foods
Lifeway Foods, Inc. is America’s leading supplier of kefir, a probiotic fermented beverage, and also produces various cheeses and a ProBugs line for kids. The company’s products are available in the United States, Mexico, Ireland, South Africa, United Arab Emirates, and France.
YTD Price Performance: -13.81%
Average Trading Volume: 75,220
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $323.9M
Find detailed analytics on LWAY stock on TipRanks’ Stock Analysis page.
