Lifeway Foods Shareholder Responds to Board's False Claims
Lifeway Foods shareholder Edward Smolyansky, the company's largest individual shareholder, issued a statement in response to the Lifeway Board's recent press release, which Smolvansky claims contained "not only highly misleading statements but several patently false claims about the dissident nominees". Highlights of the statement include: "The Board's baseless personal attacks are an obvious attempt to distract from what truly matters: the company's persistent governance failures and recent leadership misconduct under CEO Julie Smolyansky. Instead of addressing the issues affecting shareholder value today, the Board has chosen to publish distorted and false narratives to avoid accountability...The unhinged nature of these attacks reflects a CEO and her spouse acting out of desperation, terrified of losing the control they have abused for far too long. Confident leadership does not behave this way. Entrenched leadership does." Smolyansky has formally contacted the Company to request a retraction and is presently evaluating legal options.
Trade with 70% Backtested Accuracy
Analyst Views on LWAY
About LWAY
About the author
Analyst Predicts Affirm Will Capture Market Share from Revolving Credit; Also Featuring Palo Alto, SharkNinja, and Other Stocks.
Report Overview: Recent reports from investment and research firms provide insights into analysts' perspectives on various companies.
Disclaimer: The views expressed in these reports do not reflect the opinions or recommendations of Barron’s.
Investment Services: Some report issuers may have existing or potential investment-banking relationships with the companies analyzed.
Purpose of Reports: The reports serve as a sampling of market analysis rather than definitive investment advice.
Lifeway Foods Launches Probiotic Kefir Butter, Tapping into $6 Billion Market
- Product Innovation: Lifeway Foods is set to launch Probiotic Kefir Butter™, a hand-churned cultured butter packaged in an 8oz tub, aimed at meeting the growing consumer demand for premium butter.
- Market Opportunity: With a rising preference for full-fat dairy, the fermented butter market is experiencing a revival, and Lifeway plans to leverage its expertise in cultured dairy to capture growth in this $6 billion market.
- Diverse Product Line: The new product will debut in three varieties—Unsalted, Sea Salt, and Honey Butter—suitable for spreading, baking, and finishing, designed to meet consumer needs for convenience and versatility, thereby enhancing market competitiveness.
- Cultural Trends: As butter gains prominence in home and foodservice culture, Lifeway's new product not only caters to consumer desires for high-quality dairy but also provides retailers with opportunities for differentiation within the refrigerated dairy case.
