Lifeway Foods announced 2Q results

Morton Grove-based Lifeway Foods, Inc., , a leading supplier of cultured dairy products known as kefir and organic kefir, today announced results for three and six months ending June 30, 2011.

Second quarter of 2011 gross sales increased 28% to $19.9 million compared to $15.5 million for the second quarter of 2010.  This increase is primarily attributable to increased sales and growing awareness of benefits of Lifeway’s flagship line, Kefir, as well as ProBugs Organic Kefir for kids, and the successful introduction of new product lines such as Bio KefirT.  In addition, Lifeway Frozen Kefir contributed approximately $0.2 million in sales during the second quarter of 2011.  The frozen kefir line was launched in April 2011.

Second quarter total consolidated net sales increased $3.9 million, or approximately 27%, to $18.2 million from $14.3 million in the second quarter of 2010.