Lifeway Foods — Third Quarter 2026 Earnings Summary

Lifeway Foods reported record third-quarter 2026 net sales of $67.8 million, representing an 18.6% year-over-year increase driven by higher volumes of branded drinkable kefir. Despite this top-line growth, net income for the quarter declined to $0.3 million due to elevated input costs for milk, packaging, and transportation, which reduced gross profit margins to 18.0%. Year-to-date 2026 net sales reached $197.7 million, a 25.8% increase, while the company anticipates margin expansion in 2027 following planned price increases and the completion of its Waukesha facility.