Lifeway Foods, Inc. (LWAY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to Lifeway Foods' second quarter 2025 conference call. On the call with me today is Julie Smolenski, President and Chief Executive Officer. By now, everyone should have access to the press release that went out this morning. If you have not received the release, it is available on the investor relations portion of Lifeway's website at www.lifewayfoods.com. A recording of this call will be available on the company's website. Before we begin, we would like to remind everyone that the prepared remarks contain forward-looking statements. The words believe, expect, anticipate, plan, will, and other similar expressions generally identify forward-looking statements. These statements do not guarantee future performance, and therefore, undue reliance should not be placed on them. Actual results could differ materially from those projected in any forward-looking statements. LifeWay assumes no obligation to update any forward-looking projections that may be made during today's call, except as required by law. All of the forward-looking statements contained herein speak only as of the date of this call. And with that, I would like to turn the call over to LifeWay's President and Chief Executive Officer, Julie Smolenski. Thank you, John, and good morning to everyone joining us. As always, we greatly appreciate your interest in Lifeway Foods. I'm excited to be speaking with you today following another extraordinary quarter for Lifeway Foods, a quarter that reinforces our momentum, showcases our market leadership, and demonstrates the expanding scale of our platform. In the second quarter of 2025, we delivered record net sales of $53.9 million, with approximately 18% volume-led growth when adjusted for strategic portfolio changes. This performance builds on an...