Lifeway Foods, Inc. (“Lifeway” or “the Company”), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, has announced that the Company has been included in the Russell 2000® and Russell 3000® Indexes, as part of the annual reconstitution of the Russell stock indexes, effective at the open of U.S. equity markets on July 1, 2024.
“We are pleased that Lifeway has earned inclusion in the Russell indexes. With our recent earnings report marking an incredible string of 18 consecutive quarters of revenue growth and 4 consecutive quarters of record net sales, we welcome the elevated visibility within the investment community. Being part of the Russell indexes enhances our visibility to the many institutions and funds that consider them a key market reference point. We are excited about the opportunity to increase our exposure and continue creating shareholder value.”
Julie Smolyansky, President and Chief Executive Officer, Lifeway Foods
The Russell indexes are popular among investment managers and institutional investors for index funds and benchmarking active investment strategies. For details on the Russell Indexes and their Reconstitution process, visit the “Russell Reconstitution” section on the FTSE Russell website.
Lifeway Foods, Inc., distinguished as one of Forbes’ Best Small Companies, leads the American market as a premier provider of kefir, a probiotic-rich fermented beverage celebrated for its numerous health benefits. Beyond kefir, Lifeway offers a diverse product line that includes a variety of cheeses and the ProBugs range specially designed for children. Their products are renowned for their distinctively tart and tangy flavors, making them a favorite not only in the United States but also in international markets such as Mexico, Ireland, and France.
What sets Lifeway apart goes beyond product excellence; the company is committed to promoting holistic wellness. They emphasize the contribution of their offerings to overall health, encouraging consumers to adopt a balanced lifestyle. Lifeway Foods advocates for health through nutrition, believing that what we consume plays a pivotal role in well-being. This holistic approach underscores their dedication to providing more than just tasty dairy products—it’s about fostering a healthier community.