Lifeway Foods' Q3 Earnings Lag Estimates, Sales Rise 13% Y/Y
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Lifeway Foods reported its Q3 earnings, which fell short of estimates, but the company achieved a 13% year-over-year increase in sales, marking 20 consecutive quarters of rising sales.
November 18, 2024 | 4:45 pm
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Lifeway Foods' Q3 earnings missed estimates, but the company reported a 13% year-over-year increase in sales, continuing its growth streak for 20 consecutive quarters.
While Lifeway Foods' earnings missed estimates, the consistent sales growth over 20 quarters is a positive indicator. The mixed results may lead to a neutral short-term impact on the stock price as investors weigh the earnings miss against the strong sales performance.
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