Lifeway Foods will ring the closing bell at the Nasdaq MarketSite in New York City on Feb. 3.

The company previously announced unaudited preliminary fourth quarter net sales between $45.1 million to $46.6 million and full year 2024 preliminary unaudited net sales projected to range between $185.0 million and $186.5 million compared to $160.1 million in 2023.

"We are honored to ring the Nasdaq closing bell as we mark the continued growth of our business and strength of the Lifeway brand," said Lifeway President and CEO Julie Smolyansky. "We project that when we report our fully audited results for the fourth quarter of 2024, it will mark the twenty-first consecutive fiscal quarter of year-over-year topline growth and a record year for Lifeway."

"Congratulations to Illinois' own Lifeway Foods on closing Nasdaq stock market," said Illinois Gov. JB Pritzker. "I'm thankful for their ongoing impact throughout the State of Illinois — bringing jobs, investments, and success to our thriving business community. I look forward to seeing their continued growth in the nutrition industry."