NASDAQ$LWAY

Lifeway Foods Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Lifeway Foods reported its fourth quarter and full year 2024 financial results, achieving record net sales and continued growth.

Lifeway Foods achieved record net sales of $46.9 million in the fourth quarter of 2024, marking its 21st consecutive quarter of year-over-year growth. The company's full-year net sales reached $186.8 million, a 17% increase from the prior year, driven by strong demand for its probiotic products.

  • Fourth quarter net sales reached $46.9 million, the second highest-ever quarterly net sales.
  • Full year 2024 net sales were $186.8 million, up 16.7% year-over-year.
  • The company reported its 21st consecutive quarter of year-over-year growth.
  • Net income for the fourth quarter was -$160,000, while full-year net income was $9.0 million.

Headline financials

Total Revenue

$46.9M

Previous: $42.1M+11.5%
EPS (adj)

-$0.01

Previous: $0.26-103.8%
Gross profit margin

26.0%

No prior period
Selling expense as % of sales

18.3%

No prior period
Basic shares outstanding

14.9M

Previous: 14.7M+1.1%
Diluted shares outstanding

15.1M

Previous: 15.2M-0.8%
Net Income

-$160K

Previous: $3.97M-104.0%
Operating Income

$713K

Previous: $5.75M-87.6%
Gross Profit

$11.9M

Previous: $11.7M+2.1%

Revenue & EPS history

Lifeway Foods · Revenue · Quarterly

$46.9M

Q4 2024+11.5%vs Q4 2023
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Lifeway Foods is confident in its future performance, expecting to deliver strong momentum into 2025 and achieve significant Adjusted EBITDA by FY2027.

Tailwinds

  • The company expects to deliver Adjusted EBITDA of $45 - $50 million in FY2027.
  • Scheduled upgrades at the Waukesha plant are expected to almost double production capacity and more than triple bottling speed.
  • The company anticipates driving further operational efficiency across the business by shipping higher volumes of products.
  • Investments in key product lines are expected to enhance market leadership and broaden brand awareness.
  • The company expects strong momentum to continue into 2025 due to robust growth and brand recognition in 2024.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+3.1%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+9.7%

Avg return

30 days after

46%

29 / 63 earnings

Positive

+58.8%

Q2 2024

Best reaction

-18.0%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.8%-7.5%-8.2%
Q4 2025-0.1%+17.6%+40.1%
Q3 2025-2.6%-7.0%-0.9%
Q1 2025-1.0%-1.5%+10.1%
Q4 2024-0.2%-2.9%+14.1%
Q3 2024+0.7%+8.3%+4.5%
Q2 2024+58.8%+66.1%+86.4%
Q1 2024-13.9%-31.2%-52.3%
Q4 2023+35.5%+60.8%+78.1%
Q3 2023+3.1%+16.4%+1.2%
Q2 2023+29.8%+32.4%+90.5%
Q1 2023-1.2%-1.3%+14.1%
Q4 2022-2.8%-1.3%-2.0%
Q3 2022+6.4%+8.8%-8.8%
Q2 2022-2.3%-0.9%-6.2%
Q1 2022-7.8%-4.3%-11.6%
Q4 2021-0.2%-1.6%+28.5%
Q3 2021-3.4%-6.3%-12.5%
Q2 2021+0.0%-4.6%-1.5%
Q1 2021+18.2%+11.6%+11.0%
Q4 2020-11.9%-16.4%-24.0%
Q3 2020+31.5%+43.8%+21.0%
Q2 2020+20.7%+21.9%+68.2%
Q1 2020-8.6%-8.7%+17.1%
Q4 2019+17.0%+12.9%+17.5%
Q3 2019+3.6%+5.6%+4.1%
Q2 2019+0.8%+3.2%+0.0%
Q1 2019+3.4%-16.2%+9.1%
Q4 2018-9.5%-12.2%+22.2%
Q3 2018+2.8%-2.8%-18.8%
Q2 2018+3.6%+2.8%-20.8%
Q1 2018+14.3%+21.9%+22.1%
Q4 2017-0.8%+0.0%-5.2%
Q3 2017-0.4%+7.9%-8.7%
Q2 2017+0.0%-2.8%-11.7%
Q1 2017+2.0%+2.6%-1.8%
Q4 2016-3.0%-6.7%-6.1%
Q3 2016-18.0%-25.7%-31.7%
Q2 2016-0.6%+2.4%+51.0%
Q1 2016-2.7%
Q4 2015+3.0%
Q3 2015-3.6%
Q1 2015-1.7%
Q4 2014+0.3%
Q3 2014-2.1%
Q2 2014+6.0%
Q1 2014-3.1%
Q4 2013+3.2%
Q3 2013+2.9%
Q2 2013-5.1%
Q1 2013+27.0%
Q4 2012-10.2%
Q3 2012+5.8%
Q2 2012+7.8%
Q1 2012+19.9%
Q4 2011-2.3%
Q3 2011-2.7%
Q2 2011-4.6%
Q1 2011-6.3%
Q4 2010+5.6%
Q3 2010+1.7%
Q2 2010+0.5%
Q1 2010-1.0%

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