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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Dairy Products > Lifeway Foods, Inc.

Lifeway Foods, Inc.
Nasdaq: LWAY
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 PROFILE
Kefir is not so much milk with a pedigree, but it is cultured, and it's the lifeblood of Lifeway Foods. In addition to the 11 flavors of the yogurt-like dairy beverage, the company's other products include Farmer's Cheese, Sweet Kiss (a sweetened cheese spread), and Soy-Treat, a soy-based kefir. The firm also operates a Russian-themed restaurant in Chicago called Moscow Nites. A longtime staple in the dairy case of health foods stores, Lifeway is hoping that with a bit of distribution help from minority shareholder French food giant Groupe Danone, it can get a crack at the big league grocery chains. CEO Michael Smolyansky owns 50% of Lifeway Foods and Danone owns 20%.

 COMPETITION
Dean Foods Company (DF)
General Mills, Inc. (GIS)
Horizon Organic Holding Corporation (HCOW)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 9.20
1-Yr. Sales Growth: 16.5%
Employees: 60
Revenue per employee: $153,333.33

 KEY PEOPLE
• Michael Smolyansky
    CEO
• Michael Smolyansky
    CFO

 CONTACT INFO
6431 W. Oakton
Morton Grove, IL 60053
US
Phone: 847-967-1010
Fax: 847-967-6558
Online: Web Site

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