Lifeway Foods 3Q sales surge 38 percent
Lifeway Foods 3rd-quarter sales climb 38 percent, helped by Freshmade Dairy acquisition
- On 10:31 am EDT, Monday October 5, 2009
MORTON GROVE, Ill. (AP) -- Lifeway Foods Inc., known for its Kefir nutrition drink, said Monday that its third-quarter sales surged 38 percent, helped by its Freshmade Dairy acquisition.
The company recorded $15.4 million in revenue for the period ended Sept. 30, up from $11.2 million a year earlier. Freshmade Dairy, which Lifeway purchased in February, contributed about 2.2 million to the quarterly results.
CEO Julie Smolyansky said in a statement that the company will launch several new products in the fourth quarter and will make products available in convenience stores.
Shares of Lifeway Foods added 12 cents to $10.31 in morning trading. Over the past year, the stock has traded in a range of $5.43 to $14.94.
Related Headlines
- LIFEWAY FOODS INC Financials - EDGAR Online Financials
- /C O R R E C T I O N -- Lifeway Foods, Inc./ - PR Newswire
- Lifeway Foods Reports Record 3rd Quarter 2009 Revenues and Earnings Results - PR Newswire
- Lifeway Foods is Treating the first 5,000 Consumers to Visit www.Kefir.com to a FREE Kefir Probiotic Wellness Bar. And that's no Trick! - PR Newswire
- Lifeway Foods 3Q sales surge 38 percent - AP
Related Blog Headlines
- Zacks #1 Rank Additions for Friday - Zacks.com
Top Stories
Sponsored Links
-
Buy Stocks for $4
No account or investment minimums. No inactivity fees. Start Today. -
Yahoo Personal Free Trial
Sign Up for a 7 Day Free Trial. Start Emailing, Flirting & Dating.
-
Independent Advisor Broker/Dealer
Discover The Many Benefits Of Independence With LPL Financial. -
Personal Finance Budgeting
What you need to know. Personal finance management tips and advice.
Tech Ticker Recent Posts
- Don't Blame the Shorts: A History of Misplaced Aggression - Heesun Wee
- Housing Bottom? "Not Even Close," Barry Ritholtz Says - Aaron Task
- A Bad Economy Could Spell Good News on Wall Street for Years to Come - Peter Gorenstein
Add Alert Copyright © 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.