Good Afternoon. Welcome to Lifeway Foods Second Quarter 2021 Earnings Conference Call. On the call with me today is Julie Smolyansky, Chief Executive Officer. By now, everyone should have access to the press release that went out this morning. If you have not received the release, it is available on the Investor Relations portion of Lifeway's website at www.lifewayfoods.com. A recording of this call will be available on the company's website. Before we begin, we would like to remind everyone that the prepared remarks contain forward-looking statements, and management may make additional forward-looking statements in response to your questions. The words, believe, expect, anticipate and other similar expressions generally identify forward-looking statements. These statements do not guarantee future performance and therefore, undue reliance should not be placed on them. Actual results could differ materially from those projected in any forward-looking statements. Lifeway assumes no obligation to update any forward-looking projections that may be made in today's release or call. All of the forward-looking statements contained herein speak only as of the date of this call. And with that, I would like to turn the call over to Lifeway's Chief Executive Officer, Julie Smolyansky.

Thanks, Ken, and good morning to everyone joining us today. First, as always, thank you for your interest in Lifeway Foods. I am pleased to be speaking with you today regarding our second quarter 2021 earnings results. The second quarter represented a very strong finish to the first half of 2021 for Lifeway, marking our seventh consecutive quarter of year-over-year revenue growth. And we believe we're set to continue that strong momentum into a great second half of the year. Before we get into results, I would like to thank all of our employees for being flexible while staying committed to keeping our customers happy throughout these unique times. Looking forward, we are encouraged by the vaccine rollout and are very optimistic that we are equipped to deliver results regardless of the circumstances. In the first half of this year, we consistently adapted to the landscape in order to continue enhancing and expanding our relationships with our valued retail partners and customers. In doing so, we were able to stay aligned to our Lifeway 2.0 strategy and stay on track in pursuit to drive growth and deliver value to shareholders. Today, I'll review our second quarter 2021 results, which I would like to reiterate, marked our seventh consecutive quarter of year-over-year net sales growth. Net sales were $29.2 million for the quarter ended June 30, 2021, an increase of $4.1 million or 16.6% versus the second quarter in 2020. This increase was primarily driven by higher volumes of our branded drinkable kefir as we are gaining traction from our customer acquisition strategies, utilizing elevated digital engagement and new marketing campaigns. In the second quarter, our gross profit margin decreased to 26.3% from 27.7% in the second quarter 2020. This slight decrease was driven by unfavorable milk pricing and to a…