Lifeway Foods® Announces Inclusion in the Russell 2000® Index

Leading Kefir Company Added as Part of Russell’s 2024 Replenishment

MORTON GROVE, Illinois, July 1, 2024 /PRNewswire/ — Lifeway Foods, Inc. (Nasdaq: LWAY) (“Lifeway” or “the Company”), a leading U.S. provider of kefir and fermented probiotic products designed to support the microbiome, today announced that the Company has been included in the Russel 2000® and Russel Index 3000®, as part of the annual reconstitution of the Russel stock indices, in effect at the opening of the US stock markets on July 1, 2024.

“We are pleased that Lifeway has been included in the Russel “index”, said Julie SmolyanskyPresident and CEO of Lifeway Foods. “With our recent earnings report marking an incredible run of 18 consecutive quarters of revenue growth and 4 consecutive quarters of record net sales, we are excited about the increased visibility within the investment community. Being a part of Russel “Stock indices enhance our visibility with the many institutions and funds that consider them an essential market reference. We are delighted to be able to increase our visibility and continue to create value for shareholders.”

THE Russel Indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. For more information about Russell indices and reconstitution, visit the Russell Reconstitution section of the FTSE Russell website.

About Lifeway Foods, Inc.
Lifeway Foods, Inc., recognized as one of Forbes’ Best Small Businesses, is the leading U.S. supplier of kefir, a fermented probiotic beverage. In addition to its line of drinkable kefir, the company also produces a variety of cheeses and a ProBugs line for children. Lifeway’s sour and tart fermented dairy products are now sold worldwide. United States, Mexico, Ireland And FranceFind out how Lifeway benefits more than just you at lifewayfoods.com.

Media:
Derek Miller
Vice President of Communications, Lifeway Foods
E-mail: (protected email)

General Information:
Lifeway Foods, Inc.
Phone: 847-967-1010
E-mail: (protected email)

SOURCE Lifeway Foods, Inc.