US probiotic maker Lifeway Foods has said growing consumer awareness of flagship line Kefir has driven higher quarterly sales and earnings.
The company yesterday (17 May) booked a 14% rise in net income to US$1.8m for the three months to the end of March. The increase in profits came as revenues climbed 16% to $15.9m.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
“This increase is primarily attributable to increased sales and awareness of Lifeway’s flagship line, Kefir,” the company said.
