Earnings summaries and quarterly performance for LIFETIME BRANDS.
Executive leadership at LIFETIME BRANDS.
Board of directors at LIFETIME BRANDS.
BP
Bruce Pollack
Detailed
Director
CN
Cherrie Nanninga
Detailed
Director
CP
Craig Phillips
Detailed
Director
JE
Jeffrey Evans
Detailed
Director
JS
Jeffrey Siegel
Detailed
Chairman of the Board
MR
Michael Regan
Detailed
Lead Independent Director
MS
Michael Schnabel
Detailed
Director
RJ
Rachael Jarosh
Detailed
Director
VG
Veronique Gabai-Pinsky
Detailed
Director
Research analysts who have asked questions during LIFETIME BRANDS earnings calls.
Brian McNamara
Canaccord Genuity - Global Capital Markets
4 questions for LCUT
Also covers: CENT, COOK, DRVN +11 more
Anthony Lebiedzinski
Sidoti & Company, LLC
3 questions for LCUT
Also covers: BSET, CNXN, FLWS +13 more
CZ
Christina Zhu
D.A. Davidson
1 question for LCUT
Madison Callinan
Canaccord Genuity
1 question for LCUT
Also covers: CENT, DRVN, DTC +4 more
SX
Song Xue
D.A. Davidson & Co.
1 question for LCUT
Also covers: NUS, USNA
Recent press releases and 8-K filings for LCUT.
Lifetime Brands Reports Q3 2025 Financial Results Amidst Tariff Normalization
LCUT
Earnings
Demand Weakening
M&A
- Lifetime Brands reported a net loss of $1.2 million or $0.05 per diluted share for Q3 2025, compared to net income of $0.3 million or $0.02 per diluted share in Q3 2024.
- Consolidated sales for Q3 2025 declined by 6.5% to $171.9 million, primarily due to dampened consumer demand and shifts in retailer order timing.
- The company maintained solid liquidity of $51 million at quarter-end, with adjusted EBITDA for the trailing 12 months ended September 30, 2025, at $47.2 million.
- Management expects shipments to two of its three largest customers to rebound in Q4 due to order shifts, following a Q3 that showed progress towards normalization after tariff disruptions.
- Lifetime Brands is actively pursuing M&A opportunities, noting a meaningful reduction in valuation in the current environment.
Nov 6, 2025, 4:00 PM
Lifetime Brands Reports Third Quarter 2025 Financial Results
LCUT
Earnings
Demand Weakening
Dividends
- Consolidated net sales for the third quarter of 2025 were $171.9 million, representing a 6.5% decrease compared to the corresponding period in 2024, leading to a net loss of $(1.2) million, or $(0.05) per diluted share.
- For the nine months ended September 30, 2025, consolidated net sales decreased by 5.1% to $443.9 million compared to the same period in 2024, with a net loss of $(45.1) million, or $(2.08) per diluted share, which includes a $33.2 million non-cash goodwill impairment charge.
- Adjusted EBITDA for the trailing twelve months ended September 30, 2025, was $47.2 million.
- The company's Board of Directors declared a quarterly dividend of $0.0425 per share on November 4, 2025, payable on February 13, 2026.
- As of September 30, 2025, liquidity totaled $50.9 million, which included $12.1 million in cash and cash equivalents.
Nov 6, 2025, 1:03 PM
LIFETIME BRANDS outlines M&A strategy, supply chain shifts, and new growth initiatives
LCUT
M&A
New Projects/Investments
Guidance Update
- The company focuses on financially accretive transactions by leveraging its existing infrastructure, including distribution, sales force, finance, and supply chain, to achieve synergies and financial savings.
- Through "Project Concord," the company aims to bring its international business, which negatively impacted EBITDA by $9 million last year, to a breakeven run rate by this year after significant restructuring of its UK operations.
- While the long-term strategy involves moving manufacturing out of China to Southeast Asia, the company is currently moving some production back into China due to tariffs, despite a stated goal of having 80% of its supply out of China by this year.
- A major distribution facility is being moved from Robbinsville, New Jersey, to Hagerstown, Maryland, supported by $18 million in incentives from the state of Maryland, to mitigate rising industrial real estate and labor costs.
- New growth initiatives include a partnership with Dolly Parton for a product line in 24,000 Dollar General stores, projected as a $40 million opportunity, and an expansion into food service targeting $50 million over the next couple of years.
Sep 25, 2025, 1:30 PM
LCUT Outlines Strategic Priorities and Growth Opportunities
LCUT
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- LCUT is actively pursuing accretive M&A opportunities by leveraging its existing infrastructure for synergies, particularly in new adjacencies like pet products.
- The company is relocating its East Coast distribution center to Hagerstown, Maryland, with $18 million in incentives from the state, to improve operational efficiency and manage rising real estate costs.
- Under Project Concord, LCUT is restructuring its international operations with the goal of achieving break-even or eliminating the European business by this year.
- LCUT is diversifying its supply chain away from China to Southeast Asia, though some production is temporarily returning to China due to current tariff advantages, having previously aimed for 80% of supply out of China by this year.
- New growth initiatives include a Dolly Parton product line with Dollar General, projected as a $40 million opportunity, and an expansion into food service, expected to reach $50 million over the next couple of years.
Sep 25, 2025, 1:30 PM
Quarterly earnings call transcripts for LIFETIME BRANDS.
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