LWAY

In March 2026, Lifeway reported record full-year 2025 net sales of $212.5 million, continuing strong growth into Q1 and Q2 2026 with record quarterly net sales. However, in August 2026, Q2 EPS of $0.01 missed estimates, with net income decreasing 97.0% year-over-year due to higher input costs and increased marketing spend. A significant event in May 2026 was Danone's divestment of its entire nearly 23% stake in Lifeway Foods, following a history of a tumultuous relationship and withdrawal of acquisition interest; this was facilitated by a public offering during which Lifeway also repurchased shares. The company has also faced ongoing internal family disputes among the founding Smolyansky family regarding leadership and strategy. Despite these challenges, in August and September 2026, Lifeway received "Buy" upgrades from Freedom Broker and BTIG, though some analyses suggested potential underperformance.