Lifeway Foods reported second quarter 2026 net sales of $66.9 million, a 24.1% year-over-year increase that set a new company record and exceeded the prior quarterly high by $3.9 million. This marks the 27th consecutive quarter of year-over-year growth, with first-half 2026 sales reaching $129.9 million, up 29.9%. Gross profit margin contracted to 19.5% from 28.6% in the prior year period due to elevated milk prices and higher packaging and transportation costs. Net income fell sharply to $0.1 million, or $0.01 per share, compared to $4.3 million, or $0.28 per share, previously. The company anticipates margin recovery in 2027 as input costs normalize and pricing actions take effect. Lifeway Foods operates in the consumer packaged goods industry, specializing in kefir and fermented probiotic foods.

On June 30, 2026, Lifeway Foods, Inc. entered into a Master Security Agreement with CIBC Bank USA to finance or refinance equipment acquisitions. The agreement includes an Interim Funding Agreement providing loan advances up to $22,000,000 through June 30, 2027. Interest is set at the 1-month Term SOFR plus 1.65%. Outstanding advances will eventually convert into an Equipment Guidance Line Note with a five-year maturity from the conversion date, maintaining the same interest rate. Lifeway Foods operates in the food and beverage industry, specializing in the production and sale of kefir and dairy products.