MORTON GROVE, Ill., Aug. 17, 2016 (GLOBE NEWSWIRE) -- Lifeway Foods, Inc., (Nasdaq:LWAY), the leading U.S. supplier of kefir cultured dairy products, today reported financial results for the second quarter ended June 30, 2016. “We are pleased to report solid top-line growth and strong margin expansion primarily from lower milk prices and manufacturing efficiencies which fueled our highest second quarter profitability in the Company’s history,” said Julie Smolyansky, CEO of Lifeway Foods, Inc. “Our team continues to build Lifeway’s consumer awareness of our diverse portfolio of kefir products and we achieved increased distribution across retail sales channels. We are confident that our...
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