Danone withdraws proposal to acquire Lifeway; Lifeway reports record Q2 sales

Lifeway Foods, Inc.

Danone has withdrawn its unsolicited acquisition proposal for Lifeway Foods (LWAY).
Lifeway's Board formed a Strategic Review Committee; engaged extensively with Danone.
Q2 2025 net sales hit record $53.9M, up 18% YoY on a comparable basis.
First two months of Q3 unaudited net sales $39.1M, up 20% YoY through August 31.
Lifeway delivered 22 consecutive quarters of growth, reiterating commitment to value creation.

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