Lifetime Brands

Lifetime Brands, Inc. provides kitchenware and tableware products. It operates through the following segments: U.S. and International. The U.S. segment includes the domestic operations of the Company’s business that design, market and distribute its products to retailers, distributors and directly to consumers through retail websites. The International segment includes business operations conducted outside the United States. The company was founded in 1945 and is headquartered in Garden City, NY.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Lifetime Brands reports resilient Q4 performance amidst industry challenges

Lifetime Brands navigated industry challenges in Q4 2022 with resilience, focusing on cost management and maintaining market share gains in the U.S.
Despite a decline in net sales, the company showcased strengths in liquidity, profitability, and strategic restructuring for future growth.
Challenges in retail orders and inventory levels were evident, but opportunities lie in a positive outlook for 2023 and continued focus on shareholder value.
Overall, Lifetime Brands' performance in Q4 reflects a balance of challenges, strengths, and opportunities, setting the stage for strategic growth and profitability in the coming year.

Lifetime Brands addresses challenges, diversifies supply chain for growth

Lifetime Brands is navigating macroeconomic challenges by focusing on stabilizing its international business and diversifying its supply chain. While facing inventory management challenges, the company is strategically positioning itself for long-term growth and reduced dependence on the China supply chain.

Lifetime Brands surpasses Q2 estimates, eyes growth amid challenges

Lifetime Brands delivered strong Q2 results exceeding expectations, driven by successful new product launches and strategic initiatives.
While facing challenges in certain segments, the company's focus on diversification and margin improvement positions it for future growth.
Opportunities for market share expansion and margin enhancement through new product categories and international growth strategies.
Maintaining financial guidance for 2023 showcases confidence in navigating macroeconomic factors and sustaining performance.

Lifetime Brands reports solid Q3 performance, raises full-year guidance

Lifetime Brands delivered a strong performance in Q3 2023, driven by increased net sales and improved gross margin percent. The company is focused on diversifying its supply chain, raising guidance for the full year, and undertaking growth initiatives for 2024. Despite challenges in European markets and macroeconomic uncertainties, Lifetime Brands remains confident in its strategic direction.

Lifetime Brands excels in Q4 2023, eyes international growth

Lifetime Brands delivered a strong Q4 performance, meeting key targets.
While facing challenges in the U.S. segment, international business showed growth.
The company is capitalizing on e-commerce and new product development.
Strategic focus on M&A and supply chain optimization for future growth.

Lifetime Brands reports stable Q1 performance amidst market challenges

Lifetime Brands navigated Q1 2024 with resilience, focusing on growth initiatives and supply chain stability.
Challenges in international markets and U.S. demand fluctuations require strategic attention.
Management's emphasis on expanding product lines and driving growth signals a proactive approach.

Lifetime Brands Q3 2024: Challenges in Sales, Strengths in Strategy

Lifetime Brands faced challenges in Q3 2024 with lower net sales but showed strengths in e-commerce and international sales growth.
The company's financial performance remains solid, with adjusted net income and EBITDA showing resilience amidst market challenges.
Opportunities lie in leveraging e-commerce and international success, along with strategic initiatives, to drive future growth and market share.

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Lifetime Brands (LCUT) a Great Value Stock Right Now?

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As investors, we are forever searching for stocks that are below their intrinsic value.

5 Undervalued Stocks with Long-Term Potential

The consensus price target hints at an 116.1% upside potential for Lifetime Brands (LCUT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict an 116.05% Upside in Lifetime Brands (LCUT): Here's What You Should Know

Lifetime Brands, Inc. (NASDAQ:LCUT ) Q1 2023 Earnings Conference Call May 10, 2023 11:00 PM ET Company Participants Andrew Squire - Investor Relations Rob Kay - Chief Executive Officer Larry Winoker - Chief Financial Officer Conference Call Participants Linda Bolton-Weiser - D.A. Davidson Brian McNamara - Canaccord Genuity Anthony Lebiedzinski - Sidoti Operator Good morning, ladies and gentlemen and welcome to Lifetime Brands First Quarter 2023 Earnings Conference Call.

Lifetime Brands, Inc. (LCUT) Q1 2023 Earnings Call Transcript

Lifetime Brands (LCUT) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to earnings of $0.06 per share a year ago.

Lifetime Brands (LCUT) Reports Q1 Loss, Misses Revenue Estimates

GARDEN CITY, N.Y., May 10, 2023 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended March 31, 2023.

Lifetime Brands, Inc. Reports First Quarter 2023 Financial Results

GARDEN CITY, N.Y., May 03, 2023 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its first quarter financial results at 7:00 a.m. (Eastern Time) on Wednesday, May 10, 2023.

Lifetime Brands to Report First Quarter 2023 Financial Results on Wednesday, May 10, 2023

Net sales declined in 2022 as a consequence of weaker demand and high retail inventories. The company is currently struggling to generate cash from operations.

Lifetime Brands Has Enough Inventories To Endure Current And Potential Headwinds

Lifetime Brands, Inc. (NASDAQ:LCUT ) Q4 2022 Earnings Conference Call March 9, 2023 11:00 AM ET Company Participants Andrew Squire - IR Rob Kay - CEO Larry Winoker - CFO Conference Call Participants Linda Bolton Weiser - D.A. Davidson Anthony Lebiedzinski - Sidoti & Co. Operator Good morning, ladies and gentlemen, and welcome to Lifetime Brands' Fourth Quarter and Full Year 2022 Earnings Conference Call.

Lifetime Brands, Inc. (LCUT) Q4 2022 Earnings Call Transcript

Lifetime Brands (LCUT) delivered earnings and revenue surprises of 15.79% and 6.13%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lifetime Brands (LCUT) Q4 Earnings and Revenues Beat Estimates

Declares Regular Quarterly Dividend Declares Regular Quarterly Dividend

Lifetime Brands, Inc. Reports Fourth Quarter 2022 Financial Results

GARDEN CITY, N.Y., March 02, 2023 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its fourth quarter and fiscal year 2022 financial results at 7:00 a.m. (Eastern Time) on Thursday, March 9, 2023.

Lifetime Brands to Report Fourth Quarter and Fiscal Year 2022 Financial Results on Thursday, March 9, 2023

For kitchen utensils and products related to the well-being of the home, Lifetime Brand has managed to position itself as one of the benchmarks through its various brands. I believe that recent news about more distribution and warehouse capacity expansion in Europe may benefit Lifetime's financials from 2023.

Lifetime Brands: Warehouse Capacity Expansion Could Trigger The Stock Price

Lifetime Brands, Inc. (NASDAQ:LCUT ) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Andrew Squire – Investor Relations Rob Kay – Chief Executive Officer Larry Winoker – Chief Financial Officer Conference Call Participants Linda Bolton Weiser – D.A. Davidson Anthony Lebiedzinski – Sidoti & Co. Operator Good morning, ladies and gentlemen, and welcome to Lifetime Brands' Third Quarter 2022 Earnings Conference Call.

Lifetime Brands, Inc. (LCUT) Q3 2022 Earnings Call Transcript

Lifetime Brands, Inc. Reports Third Quarter 2022 Financial Results

GARDEN CITY, N.Y., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its third quarter financial results at 7:00 a.m. (Eastern Time) on Thursday, November 3, 2022.

Lifetime Brands to Report Third Quarter 2022 Financial Results on Thursday, November 3, 2022

Lifetime Brands, Inc. (NASDAQ:LCUT ) Q2 2022 Results Conference Call August 4, 2022 11:00 AM ET Company Participants Andrew Squire - Investor Relations Rob Kay - Chief Executive Officer Larry Winoker - Chief Financial Officer Conference Call Participants Linda Bolton - D.A. Davidson Anthony Lebiedzinski - Sidoti& Company Operator Good morning, ladies and gentlemen, and welcome to Lifetime Brands' Second Quarter 2022 Earnings Conference Call.

Lifetime Brands, Inc. (LCUT) CEO Rob Kay on Q2 2022 Results - Earnings Call Transcript

Lifetime Brands, Inc. Reports Second Quarter 2022 Financial Results

GARDEN CITY, N.Y., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its second quarter financial results at 7:00 a.m. (Eastern Time) on Thursday, August 4, 2022.

Lifetime Brands to Report Second Quarter 2022 Financial Results on Thursday, August 4, 2022

Declares Dividend to be Paid August 15, 2022 Declares Dividend to be Paid August 15, 2022

Lifetime Brands, Inc. Announces Results of 2022 Annual Meeting

Lifetime Brands, Inc. (NASDAQ:LCUT ) Q1 2022 Earnings Conference Call May 5, 2022 11:00 AM ET Company Participants Andrew Squire - Investor Relations Rob Kay - Chief Executive Officer Larry Winoker - Chief Financial Officer Conference Call Participants Linda Bolton-Weiser - D.A. Davidson Anthony Lebiedzinski - Sidoti Operator Good morning, ladies and gentlemen and welcome to Lifetime Brands First Quarter 2022 Earnings Conference Call.

Lifetime Brands, Inc. (LCUT) CEO Rob Kay on Q1 2022 Results - Earnings Call Transcript

Lifetime Brands (LCUT) delivered earnings and revenue surprises of 100% and 1.98%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Lifetime Brands (LCUT) Q1 Earnings Beat Estimates

GARDEN CITY, N.Y., May 05, 2022 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended March 31, 2022.

Lifetime Brands, Inc. Reports Strong First Quarter 2022 Financial Results

GARDEN CITY, N.Y., April 28, 2022 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its first quarter financial results at 7:00 a.m. (Eastern Time) on Thursday, May 5, 2022.

Lifetime Brands to Report First Quarter 2022 Financial Results on Thursday, May 5, 2022

GARDEN CITY, N.Y., March 14, 2022 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced that its Board of Directors authorized a share repurchase program under which the Company may purchase up to $20 million of Lifetime Brands' common stock. This program replaces the Company's previously authorized $10 million share repurchase program.

News for Lifetime Brands Stock (LCUT)