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record-high net sales of $186.8 million for 2024, marking a 16.7% increase compared to the previous year.The company achieved its 21st consecutive quarter of year-over-year net sales growth, driven by strong demand for its Lifeway branded drinkable kefir.Lifeway Foods Inc  maintained a solid gross profit margin of 26% despite inflationary pressures, indicating effective cost management.The company expanded its distribution network, including the addition of Lifeway Farmer Cheese to 1,400 Albertson's stores and ProBugs Organic Kefir for kids to over 250 Harris Teeter stores.Lifeway Foods Inc  continues to innovate with new product launches, such as lactose-free kefir and probiotic smoothies with collagen, catering to evolving consumer preferences.Inflationary pricing in milk, the company's largest raw material, posed challenges to maintaining profit 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loss of $160,000 in its fourth quarter.On a per-share basis, the Morton Grove, Illinois-based company said it had a loss of 1 cent.The dairy and cheese company posted revenue of $46.9 million in the period.For the year, the company reported profit of $9 million, or 60 cents per share. 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Growing consumer interest in probiotic foods with bioavailable nutrients continues to drive strong demand for Lifeway products. Ms. Smolyansky continued, \"The consumer focus on health and wellness continues to grow, and we remain focused on capitalizing on that heightened interest. As we build for the future, I'd like to celebrate the remarkable achievements our team has made in developing a state-of-the-art facility in Waukesha, Wisconsin. We are strategically investing this year to further boost our growth, and our scheduled upgrades at the Waukesha plant will almost double our production capacity and more than triple our bottling speed. We also expect to drive further operational efficiency across the business as we ship higher volumes of our products. To complement our improved production capabilities, we are accelerating our investments behind key product lines to further enhance our market leading position ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/lifeway-foods-announces-strong-fourth-130000464.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lifeway-foods-announces-strong-fourth-130000464.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LWAY","BK4212"],"gpt_icon":0},{"id":"2519806059","title":"Lifeway Foods Inc  expected to post earnings of 21 cents a share - 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