secwatch.observer — SEC 8-K summary
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Issuer:     Lifeway Foods, Inc. (LWAY)
CIK:        0000814586
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001683168-25-008211
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifeway Foods Q3 2025: Record net sales $57.1M, net income $3.5M, margin expands 300bps
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- Net sales $57.1M, up 24% YoY (29% on comparable basis); highest quarterly revenue in company history.
- Gross margin 28.7% vs 25.7% YoY; net income $3.5M ($0.23 per diluted share) vs $3.0M last year.
- Reiterates FY2027 Adjusted EBITDA target of $45–$50M; projects 2025E net sales $212M rising to $416M by 2029E.
- Completed first stage of Waukesha plant expansion to support capacity growth.
- Launched Muscle Mates RTD beverage with 20g protein and 5g creatine; partnerships with Erewhon and Joe & The Juice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814586/000168316825008211/0001683168-25-008211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814586/000168316825008211/lifeway_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-008211

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer