iHub News
3月前
Lifetime Brands shares surge nearly 27% after strong fourth-quarter earnings beatMarch 12, 2026 10:38 AM
IH Market News
Lifetime Brands, Inc. (NASDAQ:LCUT) reported fourth-quarter adjusted earnings per share of $1.05 on Thursday, far surpassing the analyst consensus estimate of $0.32, although revenue came in below expectations.The company’s shares jumped 26.82% in premarket trading following the results, as investors reacted positively to the strong profit performance.Revenue for the quarter ended December 31, 2025 totaled $204.1 million, missing the $209.6 million analyst estimate and declining 5.2% from $215.2 million in the same period a year earlier.Despite the revenue decline, the company improved profitability. Gross margin expanded to 38.6% from 37.7% a year earlier, while selling, general and administrative expenses fell 12.0% to $38.0 million. Operating income rose to $20.0 million from $15.5 million in the fourth quarter of 2024.For the full year 2025, revenue reached $647.9 million, down 5.1% from $683.0 million in 2024.The company reported a net loss of $26.9 million, or -$1.24 per share, compared with a net loss of $15.2 million, or -$0.71 per share, in the prior year.However, adjusted net income improved to $17.6 million, or $0.81 per share, compared with $12.6 million, or $0.58 per share, in 2024. Adjusted EBITDA for the year totaled $50.8 million.CEO Rob Kay stated, “Our fourth quarter results reflect the culmination of several strategic decisions made earlier in the year, decisions that were not without short-term cost, but right for the business. We moved first on pricing to offset tariff headwinds, partnered closely with our customers to navigate a period of real disruption, and we took decisive action to reduce our cost structure.”The company also declared a quarterly dividend of $0.0425 per share, payable on May 15, 2026. Lifetime Brands said it will provide detailed guidance for fiscal 2026 alongside its first-quarter results expected in mid-May.Lifetime Brands stock price
Original: Lifetime Brands shares surge nearly 27% after strong fourth-quarter earnings beat
whytestocks
6年前
Breaking News: $LCUT Lifetime Brands to Report Third Quarter 2020 Financial Results on Thursday, November 5, 2020
GARDEN CITY, N.Y., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its third quarter 2020 financial results at 7:00 a.m. (Eastern Time) on...
Got this from LCUT - Lifetime Brands to Report Third Quarter 2020 Financial Results on Thursday, November 5, 2020
Penny Roger$
14年前
Lifetime Brands, Inc. is North America’s resources for nationally branded food preparation, tabletop and home decor products. The Company sells its products to retailers and distributors, and directly to consumers through its Internet websites and mail order catalog operations. It brands include KitchenAid, Cuisinart and Farberware. The Company’s product categories are Kitchenware, consisting primarily of kitchen tools and gadgets, cutlery, cutting boards, cookware/bakeware and pantryware, Tabletop, consisting primarily of dinnerware and flatware, and Home Decor, which consists primarily of wall decor, picture frames and decorative shelving products.The Company sources its products from suppliers located outside the United States, primarily in the People’s Republic of China. It has two segments: wholesale segment and direct-to-consumer segment. In January 2011, the Company, together with Vasconia and unaffiliated partners, formed Housewares Corporation of Asia Limited.
http://www.google.com/finance?q=LCUT