Lifeway Foods, Inc. — fact timeline

Lifeway Foods, Inc. reported first quarter ended March 31, 2026 results: revenue between $60.8 and $62.3 million.

“estimated unaudited net sales of between $60.8 and $62.3 million for the first quarter ended March 31, 2026”

Lifeway Foods, Inc. amended Sixth Modification to the Amended and Restated Loan and Security Agreement with CIBC Bank USA (effective 2025-12-29).

“On December 29, 2025, Lifeway Foods, Inc. (“Lifeway”), Fresh Made, Inc., a wholly-owned subsidiary of Lifeway (“Fresh Made”), Lifeway Wisconsin, Inc., a wholly-owned subsidiary of Lifeway (“Lifeway Wisconsin” and, together with Lifeway and Fresh Made, the “Borrowers”), and CIBC Bank USA, the Borrowers’ current lender (the “Lender”) entered into the Sixth Modification to the Amended and Restated Loan and Security Agreement (the “Sixth Modification”).”

Lifeway Foods, Inc.: Board approved an amendment to the Second Amended and Restated Bylaws providing for a board size range of five to ten directors, with the specific number set by Board resolution, effective immediately on October 29, 2025 (effective 2025-10-29).

“In connection with the appointments discussed under Item 5.02 above, on October 29, 2025, the Board approved an amendment (the “Amendment”) to the Company’s Second Amended and Restated Bylaws (the “By-laws”), effective immediately, which provides for a range of Board size of between five (5) and ten (10) directors, which number within that range shall be set from time to time by resolution of the Board.”

Amy Feldman departed as Senior Executive Vice President of Sales at Lifeway Foods, Inc..

“The elimination of this position constitutes a termination without cause, effective February 28, 2025, under Ms. Feldman’s Employment Agreement with the Company.”