in the 2nd quarter and then shot right back up - mostly due to speculators IMO - but I really thought they would continue lower due to corn yields being high. Milk prices seem to have stabilized (maybe) but LWAY should simply raise prices - that is the unfortunate answer IMO. The cost of doubling capacity is likely almost done and I'm uncertain on how much it costs to open a retail store (permits, rent, equipment, employees, etc.) but do know that they should have great margins on what they sell since they make it.
Growth should continue to be strong IMO and 30% is sustainable - but you are absolutely right - they need to bring the EPS growth up to the revenue growth. PE of 60 is defintely high given the EPS miss this quarter- and market is not be merciful right now to EPS misses.
Recent LWAY News
- Lifeway Foods® Introduces 10 New, Hot and On-Trend Organic Kefir Flavor Fusions to its Single Serve Lineup • PR Newswire (US) • 10/08/2024 05:33:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/04/2024 09:56:24 PM
- Lifeway Foods Confirms Receipt of Unsolicited, Non-Binding Proposal from Danone • PR Newswire (US) • 09/24/2024 08:05:00 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 09/23/2024 08:07:26 PM
- Lifeway Foods® Announces New Kefir Distribution in South Africa • PR Newswire (US) • 09/11/2024 03:57:00 PM
- Lifeway Foods® Sponsors Charity Miles to Support Mental Health • PR Newswire (US) • 09/09/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 11:37:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 11:35:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 11:24:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 11:03:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 10:48:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 10:47:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 10:45:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 10:12:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:50:39 PM
- Lifeway Foods® to Participate in the 8th Annual Lake Street Best Ideas Growth Conference • PR Newswire (US) • 09/03/2024 08:18:00 PM
- Lifeway Foods® Organic Strawnana ProBugs Whole Milk Kefir Selected as a Good Housekeeping 2024 Parenting Award Winner • PR Newswire (US) • 08/20/2024 04:39:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 02:05:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 06:27:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 10:37:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/16/2024 05:12:54 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/14/2024 08:03:23 PM
- Form PREC14A - Preliminary proxy statements, contested solicitations • Edgar (US Regulatory) • 08/13/2024 04:26:58 PM
- Edward and Ludmila Smolyansky File Consent Statement to Change Leadership at Lifeway Foods (NASDAQ: LWAY) • PR Newswire (US) • 08/13/2024 01:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 01:00:19 PM
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Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM