Post-Kefir Day festivities continue as Lifeway highlights Chicago as "The Kefir Capital of the World"

MORTON GROVE, Ill., June 18, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. su­pplier of kefir and fermented dairy products, will kick off its "Road to 40" anniversary celebration with a spectacular drone show over Lake Michigan on Friday, June 20, 2025.

Calls on Industry Partners to Join in Building a New Model for Public Health, Farmers,and Consumers

MORTON GROVE, Ill., June 17, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY), the leading U.S. supplier of kefir and fermented probiotic products, today announced that CEO Julie Smolyansky is launching an open industry-wide conversation to explore the creation of a new voluntary dairy certification standard. The proposal is designed to balance public health, consumer demand, and farmer viability — and to create a new model of trust and transparency in the dairy marketplace. The announcement is one of many initiatives coming from Lifeway Foods as part of their 40th anniversary plans and celebrations.

Official proclamation and events to take place in Chicago, New York, Los Angeles, and Miami, celebrating the power of probiotics and encouraging communities to #DiscoverLifeway

MORTON GROVE, Ill., June 16, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, proudly announces the launch of National Kefir Day, to be celebrated annually on June 18. This new holiday recognizes the cultural and nutritional impact of kefir and honors Lifeway's nearly 40-year legacy of advancing gut health and wellness in America.

Company has surpassed $37.6 million in net sales for the first two months of the second quarter, from April 1, 2025 through May 31, 2025, representing a 10.7% increase from the prior year

Year-to-date net sales for the Company have reached $83.7 million as of May 31, 2025

Company provides net sales guidance for the second quarter of 2025

Consumer interest in probiotic, protein-packed nutrition brings additional focus to cultured dairy drinkables and soft cultured cheese categories

MORTON GROVE, Ill., June 04, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. su­pplier of kefir and fermented dairy products, today announced expanded distribution for several of its top-selling product lines at major retailers nationwide. The latest additions mark a significant step in the Company's mission to make probiotic-rich, gut-healthy foods more accessible to consumers across the country. The Company also announced it has surpassed $37.6 million in net sales for the first two months of the second quarter, from April 1, 2025 through May 31, 2025, representing a 10.7% increase from the comparable period in the prior year. Year-to-date net sales for the Company as of May 31, 2025 have reached $83.7 million. Given the strong Company performance, Lifeway now expects that net sales for the second quarter ended June 30, 2025, will be in the range of $52 million to $56 million.

CHICAGO, June 2, 2025 /PRNewswire/ -- Edward and Ludmila Smolyansky, beneficial owners of approximately 27% of Lifeway Foods (NASDAQ: LWAY), today issued a statement expressing serious concerns about the company's Q1 2025 performance and what they describe as the Board's ongoing pattern of poor governance and misaligned priorities.

Although Lifeway reported a 44% year-over-year increase in GAAP earnings per share, Mr. Smolyansky emphasized that this was entirely due to a one-time $3.4 million gain from an investment sale, not from any improvement in the company's underlying kefir business. He and Mrs. Smolyansky cited several troubling operational trends, including:

Net sales of $46.1 million; up 3.3% year-over-year

Consumer demand for probiotic Lifeway products drives 22nd consecutive quarter of year-over-year sales growth

MORTON GROVE, Ill., May 13, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, reported financial results for the first quarter ended March 31, 2025.

CHICAGO, May 2, 2025 /PRNewswire/ -- Edward Smolyansky, who together with Ludmila Smolyansky, beneficially own approximately 27% of outstanding shares of Lifeway Foods common stock, today issued the following statement in response to Lifeway's amended 2024 Annual Report and its latest disclosures on executive and director compensation.

Apparent Delay of 2025 Annual Meeting of Shareholders

On March 13, Edward Smolyansky submitted a full slate of Board nominees for Lifeway's 2025 Annual Meeting. To date, Lifeway has yet to file a preliminary or definitive proxy statement setting forth its own slate.

Company to Report First Quarter 2025 Results on May 13, 2025

MORTON GROVE, Ill., April 29, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced a milestone achievement of surpassing $5 million in gross sales for the week ending April 27th, 2025, representing a 35% increase from the prior year.

CHICAGO, April 8, 2025 /PRNewswire/ -- Edward Smolyansky, who, together with Ludmila Smolyansky, beneficially owns 4,163,141 shares of common stock (approximately 28% of outstanding shares), today issued a statement in response to the recent dismissal of Amy Feldman, Senior Executive Vice President of Sales at Lifeway Foods (NASDAQ: LWAY) and key architect of the company's renewed vision and revitalized strategy, known internally as "Lifeway 2.0."

Lifeway Foods abruptly eliminated Feldman's senior leadership position on February 28, 2025, despite Feldman being widely credited for developing Lifeway's modern sales and growth strategy. Feldman was one of only three officers of the company at the time of her termination. Her removal sends a chilling signal to employees and shareholders alike.

Lifeway notes that Edward Smolyansky was previously terminated for cause as an officer of the company

MORTON GROVE, Ill., March 24, 2025 /PRNewswire/ -- Lifeway Foods, Inc. (NASDAQ: LWAY) ("Lifeway" or the "Company"), a leading U.S. supplier of Kefir and fermented probiotic products to support the microbiome, which recently reported record full-year earnings for 2024 and delivered its 22nd consecutive quarter of growth, has issued the following statement regarding Edward Smolyansky's nomination notice with respect to seven candidates to replace the Company's entire Board of Directors at the Company's 2025 annual meeting of shareholders: