date:May 14, 2014
Lifeway Foods, a leading supplier of cultured dairy products known as kefir and organic kefir, announced results for the first quarter ended March 31, 2014.
First quarter of 2014 gross sales increased approximately 16% to $32.1 million compared to $27.6 million for the first quarter of 2013. This increase is primarily attributable to increased sales and awareness of the Company's flagship line, Kefir, as well as ProBugs Organic Kefir for kids and BioKefir.
First quarter total consolidated net