Unit sales of whole milk declined slightly but dollar sales rose in the last year. Meanwhile, the larger low-fat milk category saw declines in dollars and units.
High atop Dairy Management Inc. headquarters, DMI staff rolled carts through the conference room and delivered food samples created by the students. It was like being in a dim sum restaurant, except there were no egg rolls, dumplings or noodle dishes. Instead, the judges tasted dairy-based treats with fanciful names like Mooofins, Easy Qurd and Whey-Go.
Cost of goods sold as a percentage of net sales was 64% during 2012, compared to 67% in 2011.
April 2, 2013
Lifeway Foods Inc., (Nasdaq: LWAY), said its gross sales increased 16% for the year ended Dec. 31, 2012. Sales totaled approximately $89.8 million compared to $77.1 million in 2011.