Market ExpansionThe company is expanding its SKUs into the high-growth RTD market with new on-trend flavors which we believe will introduce the brand to new customers.
Product PopularityThe on-trend nature of Lifeway's offering is highly compelling to the company's value proposition, as it evolves from a niche product to a mainstream staple for health-conscious consumers.
Revenue GrowthDouble-digit revenue growth is expected to continue on a full-year basis, supported by tapering milk prices and modest GM expansion.