Lifeway Foods, Inc. (LWAY) Q1 2026 Earnings Call

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WEBVTT 00:00:01.010 -- 00:00:06.176 Good morning. Welcome to Lifeway Foods' first quarter 2026 conference 00:00:06.176 -- 00:00:11.361 call. On the call with me today is Julie Smolenski, President and Chief 00:00:11.361 -- 00:00:16.487 Executive Officer. By now, everyone should have access to the press release that 00:00:16.487 -- 00:00:21.653 went out this morning. If you have not received the release, it is available on the investor 00:00:21.653 -- 00:00:27.137 relations portion of Lifeway's website at www.lifewayfoods.com. 00:00:29.090 -- 00:00:33.455 A recording of this call will be available on the company's website. 00:00:33.455 -- 00:00:38.622 Before we begin, we would like to remind everyone that the prepared remarks contain forward-looking 00:00:38.622 -- 00:00:42.667 statements. The words believe, expect, 00:00:42.667 -- 00:00:47.753 anticipate, plan, will, and other similar expressions 00:00:47.753 -- 00:00:50.957 generally identify forward-looking statements. 00:00:50.957 -- 00:00:56.264 These statements do not guarantee future performance, and therefore, undue reliance should 00:00:56.264 -- 00:01:01.534 not be placed on them. Actual results could differ materially from those 00:01:01.534 -- 00:01:05.218 projected in any forward-looking statements. 00:01:05.218 -- 00:01:10.464 LifeWay assumes no obligation to update any forward-looking projections that may be made 00:01:10.464 -- 00:01:14.408 during today's call, except as required by law. 00:01:14.408 -- 00:01:19.174 All of the forward-looking statements contained herein speak only as of the date of this 00:01:19.174 -- 00:01:24.180 call. With that, I would like to turn the call over to LifeWay's President and 00:01:24.180 -- 00:01:28.102 Chief Executive Officer, Julie Smolenski. 00:01:28.102 -- 00:01:3...