date:Apr 12, 2013
Kefir producer Lifeway Foods has announced results for the fourth quarter and full year ended December 31, 2012.
Net sales increased 24% to $20.8 million for the quarter, and net sales increased 16% to $81.4 million for the year. Gross profit increased 86% from the fourth quarter 2012 when compared to the same period in 2011, and 29% for 2012 when compared to 2011. Gross profit margin increased to 33% for the fourth quarter 2012, from 22% in 2011, and to 34% for the year, from 30% in 2011.
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