secwatch.observer — SEC 8-K summary
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Issuer:     Lifeway Foods, Inc. (LWAY)
CIK:        0000814586
Form:       8-K
Filed at:   2026-03-17T23:59:59+00:00
Accession:  0001683168-26-001888
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifeway Foods reports record FY2025 net sales of $212.5M, up 13.7%; net income +54%
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- FY2025 net sales $212.5M (highest ever), up 13.7% YoY; 19% on comparable basis after strategic exit.
- FY2025 net income $13.9M ($0.89 diluted EPS) vs $9.0M ($0.60 diluted EPS) in FY2024.
- Full-year gross margin 27.4%, up 140 bps from 26.0%; Q4 gross margin 27.8% (+250 bps).
- Q4 net sales $55.4M, up 18.0% YoY; net income $2.5M vs net loss of $0.2M a year ago.
- Reiterated long-term target of $45–50M adjusted EBITDA for FY2027; projects record sales in FY2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814586/000168316826001888/0001683168-26-001888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814586/000168316826001888/lifeway_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-001888

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