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Lifetime Brands, Inc. - LCUT STOCK NEWS

Welcome to our dedicated news page for Lifetime Brands (Ticker: LCUT), a resource for investors and traders seeking the latest updates and insights on Lifetime Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lifetime Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lifetime Brands's position in the market.

News
Lifetime Brands, Inc. Reports Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Lifetime Brands, Inc. (LCUT) reports strong financial results for Q4 and full year 2023, with net sales meeting or exceeding expectations. The company highlights growth in the U.S. Kitchenware category and the e-commerce channel. Despite a slight decrease in net sales, the company shows improvements in gross margin, income from operations, and adjusted EBITDA. A quarterly dividend of $0.0425 per share has been declared. Non-GAAP financial measures are utilized to provide a more accurate evaluation of the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
earnings
-
News
Lifetime Brands to Report Fourth Quarter and Full Year 2023 Financial Results on Tuesday, March 12, 2024
Rhea-AI Summary
Lifetime Brands, Inc. (LCUT) will release its Q4 and full year 2023 financial results on March 12, 2024. The company offers various branded kitchenware and home products under popular brands. CEO and CFO will discuss the results in a conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
conferences earnings
-
News
Lifetime Brands, Inc. Announces the Completion of the Term Loan B Amendment and Extension
Rhea-AI Summary
Lifetime Brands, Inc. (Nasdaq: LCUT) announced the completion of the Term Loan B Amendment and Extension. The Term Loan B in the principal amount of $198.7 million due February 2025 has been amended and extended to $150.0 million, maturing in August 2027. The Company borrowed on its asset-based loan facility to pay down $48.7 million of principal amount of the Term Loan B plus approximately $9 million to pay the original issue discount and related fees and expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
Tags
none
News
Lifetime Brands, Inc. Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Lifetime Brands, Inc. (LCUT) Raises Full Year 2023 Guidance, Declares Regular Quarterly Dividend, and Reports Strong Third Quarter Performance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.27%
Tags
earnings
-
News
Lifetime Brands to Report Third Quarter 2023 Financial Results on Thursday, November 9, 2023
Rhea-AI Summary
Lifetime Brands, Inc. (NasdaqGS: LCUT) will release its Q3 financial results on November 9, 2023. The company is a leading global provider of branded kitchenware, tableware, and other home products. CEO Rob Kay and CFO Larry Winoker will discuss the results in a conference call at 11:00 a.m. ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
conferences earnings
-
News
Lifetime Brands, Inc. Announces Launch of an Amendment and Extension of the Company's Existing Term Loan B and Preliminary Results for Third Quarter 2023
Rhea-AI Summary
Lifetime Brands, Inc. plans to launch an Amendment & Extension of its existing Term Loan B facility and provides preliminary estimated third quarter fiscal results. Net sales for Q3 2023 are estimated to be $191.7 million with a gross margin of $71.0 million. Adjusted EBITDA is estimated to be $19.7 million for the quarter and $55.5 million for the trailing twelve months. The Company's liquidity is estimated to be $198.8 million at the end of Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
earnings
News
Lifetime Brands, Inc. Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Lifetime Brands, Inc. (LCUT) reports Q2 2023 financial results, with net sales of $146.4 million, a 3.2% decrease from 2022. Gross margin was 38.2%, income from operations was $4.4 million, and net loss was $(6.5) million. The company reaffirms full-year 2023 guidance for net sales, income from operations, and adjusted EBITDA. A quarterly dividend of $0.0425 per share was declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
earnings
-
News
Lifetime Brands to Report Second Quarter 2023 Financial Results on Thursday, August 3, 2023
Rhea-AI Summary
LCUT: Lifetime Brands, Inc. to Release Q2 Financial Results on August 3, 2023. CEO and CFO to Discuss Financial Performance in Conference Call. Leading global provider of branded kitchenware and tableware products. Dial-in number for the conference call provided. Webcast accessible through link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3%
Tags
conferences earnings
-
News
Lifetime Brands, Inc. Announces Results of 2023 Annual Meeting
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.85%
Tags
none
News
Lifetime Brands, Inc. Reports First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.07%
Tags
earnings
Stock LCUT logo
Lifetime Brands, Inc.

Nasdaq:LCUT

LCUT Rankings

#3717 Ranked by Market Cap
#4249 Ranked by Stock Gains
#1497 Ranked by Dividends

LCUT Stock Data

216.34M
11.29M
15.19%
69.39%
0.31%
Home Furnishing Merchant Wholesalers
Wholesale Trade
Link
US
Garden City

About LCUT

lifetime brands is a leading global provider of kitchenware, tabletop and other products used in the home. the company markets its products under such well-known kitchenware brands as farberware®, kitchenaid®, casamoda®, cuisinart®, cuisine de france®, guy fieri®, hoffritz®, kizmos™, misto®, pedrini®, roshco®, sabatier®, savora™ and vasconia®; respected tabletop brands such as mikasa®, pfaltzgraff®, creative tops®, gorham®, international® silver, kirk stieff®, sasaki®, towle® silversmiths, tuttle®, wallace®, v&a® and royal botanic gardens kew®; and home solutions brands, including fred®, elements®, melannco®, kamenstein® and design for living™. the company also provides exclusive private label products to leading retailers worldwide.