2023-03-27 16:23:41 ET
- Lifeway Foods press release ( NASDAQ: LWAY ): Q4 GAAP EPS of $0.05 misses by $0.02 .
- Revenue of $35.84M (+15.7% Y/Y) misses by $3.16M .
- Net sales were $141.5 million for the year ended December 31, 2022, an increase of $22.5 million or 18.9% from the prior year.
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Gross profit as a percentage of net sales was 18.9% for the year ended December 31, 2022.
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Selling, general and administrative expenses as a percentage of net sales were 16.9% for the year ended December 31, 2022, compared to 19.1% in the prior year.
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Lifeway Foods GAAP EPS of $0.05 misses by $0.02, revenue of $35.84M misses by $3.16M