We came across a bullish thesis on Lifeway Foods Inc (LWAY) on Value Degen’s Substack by Unemployed Value Degen and Mexican Investor. In this article we will summarize the bulls’ thesis on LWAY.
Lifeway is the U.S. leader in kefir, a probiotic yogurt beverage. LWAY has multiplied revenues by 16x since 2000. Unfortunately, all that improvement has been offset by decreasing gross margins.
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