LCUT
Lifetime Brands, Inc.3.9600
-0.0900-2.22%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
89.72MP/E (TTM)
-Basic EPS (TTM)
-1.67Dividend Yield
0.04%Recent Filings
10-Q
8-K
10-Q
Q2 FY2025 results
Lifetime Brands posted Q2 net sales of $131.9M, down 6.9% y/y but up 3.7% q/q (derived), with gross margin steady at 38.6% amid softer U.S. demand in tableware and home solutions, offset by kitchenware gains. Operating loss hit $37.2M, swinging from a $1.2M profit y/y due to a $33.2M goodwill impairment from tariff-driven forecast cuts, while net loss widened to $39.7M or $1.83/share from $18.2M or $0.85/share y/y, reconciled to 21.7M diluted shares with no anti-dilution. Cash climbed to $12.0M on $26.1M YTD operating cash flow, yielding $23.3M free cash flow (derived); total debt stood at $171.1M with $65.7M ABL availability under covenants. Tariffs loom large, squeezing margins if unmitigated.
8-K
Q2 sales dip, impairment hit
Lifetime Brands reported Q2 2025 net sales of $131.9 million, down 6.9% from $141.7 million last year, amid macroeconomic pressures and tariff headwinds. A $33.2 million non-cash goodwill impairment slashed operating income to a $37.2 million loss, yet gross margin held steady at 38.6% through solid pricing and supply chain execution. Adjusted operations turned a slim $0.9 million profit. Strong liquidity at $96.9 million buffers volatility. Tariffs triggered the impairment.
8-K
Annual meeting results and dividend
Lifetime Brands held its 2025 annual meeting on June 18, electing all ten board nominees with strong support, though some faced notable withhold votes. Shareholders ratified Ernst & Young as auditors for the year ending December 31, 2025, and approved executive compensation on an advisory basis. The board declared a quarterly dividend of $0.0425 per share, payable August 15 to holders of record August 1. Continuity prevails.
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