Sustained Net Sales Growth
Net sales increased by $1.5 million or 3.3% compared to the first quarter in 2024, driven by higher volumes of Lifeway branded products despite strategic elimination of certain retail relationships.
Record-High Weekly Sales
Achieved a Lifeway record high week of sales at the end of April, surpassing $5 million in gross sales, a 35% increase from the same week in the prior year.
Consistent Growth in Lifeway Farmers' Cheese
First quarter saw significant growth in the Lifeway Farmers' Cheese category, with expanded distribution into 1,400 Albertsons stores and commitments from nearly 1,000 additional stores.
Increased Net Income and EPS
Net income increased to $3.5 million, with EPS of $0.23 per share, compared to $2.4 million and $0.17 per share in the first quarter of 2024.
Strategic Investments Yielding Returns
Strategic investments in sales and marketing continue to drive growth, with effective ROI from promotions and expansions like the New Year campaign and influencer partnerships.
Innovative Product Offerings
Introduced new products such as lactose-free organic Kefir flavor fusions and Probiotic Smoothies with Collagen, which have been well received by consumers.
Distribution Expansion
Expanded distribution in key channels, including CVS, Target, Publix, and Walmart, and increased presence in 40 airports through WHSmith.