Lifeway Foods, Inc. (LWAY) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.076 Good morning. Welcome to LifeWay Foods' fourth quarter and full year 2025 conference 00:00:05.076 -- 00:00:10.381 call. On the call with me today is Julie Smolanski, President 00:00:10.381 -- 00:00:12.564 and Chief Executive Officer. 00:00:12.564 -- 00:00:16.906 By now, everyone should have access to the press 00:00:25.597 -- 00:00:30.340 release that went out this morning. If you have not received the release, it is available 00:00:30.340 -- 00:00:32.901 on the investor relations 00:00:40.614 -- 00:00:45.658 portion of Lifeway's website at www.lifewayfoods.com. 00:00:47.083 -- 00:00:51.589 A recording of this call will be available on the company's website. 00:00:51.589 -- 00:00:56.621 Before we begin, We would like to remind everyone that the prepared remarks contain forward-looking 00:00:56.621 -- 00:01:02.489 statements. The words believe, expect, anticipate, plan, 00:01:02.489 -- 00:01:08.237 will, and other similar expressions generally identify forward-looking statements. 00:01:08.237 -- 00:01:13.204 These statements do not guarantee future performance and therefore undue reliance should 00:01:13.204 -- 00:01:15.787 not be placed on them. Actual 00:01:15.787 -- 00:01:20.609 results could differ materially from those projected in any forward-looking statements. 00:01:20.609 -- 00:01:25.763 Lifeway assumes no obligation to update any forward-looking projections that may 00:01:25.763 -- 00:01:30.316 be made during today's call, except as required by law. 00:01:30.316 -- 00:01:34.909 All of the forward-looking statements contained herein speak only as of the date of this 00:01:34.909 -- 00:01:40.779 call. Since our last quarterly earnings call, I'm pleased to share that LifeWay President 00:01:40.779 -- 00:01:45.967 and Chief Ex...