Lifeway Foods, Inc. · Morton Grove, IL United States ·(NASDAQ (GM): LWAY)
Company Description
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Kefir is not milk with a pedigree but it is cultured, and it's the lifeblood of Lifeway Foods. In addition to the yogurt-like dairy beverage called kefir, the company's products include Farmer's Cheese, Sweet Kiss (a sweetened cheese spread), and Soy-Treat, a soy-based kefir. A drinkable yogurt product is aimed at the Hispanic market under the brand name, La Fruta. Its Probugs offering, a flavored drink with live kefir cultures packaged in pouches, is aimed at children. A longtime staple in the dairy cases of health-food stores, Lifeway's products are available throughout the US, as well as internationally. To read the full description, subscribe now.
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Key Lifeway Foods, Inc. Financials
| Company Type | Public - NASDAQ (GM): LWAY Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $44.5 |
| 2008 Employees | 200 |
Lifeway Foods, Inc. Executives
8 executives listed for Lifeway Foods, Inc.'s Morton Grove, IL location.
| Title | Name & Bio | Contact |
| Chairman | Ludmila Smolyansky | Network |
| President, CEO, and Director | Julie Smolyansky | Network |
| VP Operations and Secretary | Valeriy Nikolenko | Network |
Competition
Competitive Landscape for Lifeway Foods, Inc.
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.Top Lifeway Foods, Inc. Competitors
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