Lifetime Brands, Inc. Announces Results of 2026 Annual Meeting

Rhea-AI Summary

Lifetime Brands (Nasdaq: LCUT) announced results of its 2026 annual meeting and a quarterly dividend. Stockholders elected all nominated directors, ratified Ernst & Young LLP as 2026 auditor, approved 2025 executive compensation on an advisory basis, and approved changes to the 2000 Long-Term Incentive Plan.

The board declared a quarterly cash dividend of $0.0425 per share, payable August 14, 2026 to stockholders of record on July 31, 2026.

Positive

• Quarterly dividend of $0.0425 per share payable August 14, 2026
• Auditor Ernst & Young LLP ratified for year ending December 31, 2026
• Stockholders approved amendment and restatement of 2000 Long-Term Incentive Plan
• Advisory approval of 2025 named executive officer compensation

Negative

• None.

News Market Reaction – LCUT

-2.96%

1 alert

-2.96% Session close to close

+6.5% Peak Tracked

$195.18M Market Cap

0.1x Rel. Volume

In the Jun 22 session, LCUT declined 2.96%, reflecting a moderate negative market reaction. Argus tracked a peak move of +6.5% during that session.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms board continuity, auditor ratification and another $0.0425 quarterly divi...

Analysis

This announcement confirms board continuity, auditor ratification and another $0.0425 quarterly dividend. It reinforces LCUT’s pattern of regular shareholder returns, though investors must still weigh leverage, execution on guidance and broader consumer demand.

Key Figures

Quarterly cash dividend: $0.0425 per share

1 metrics

Quarterly cash dividend $0.0425 per share Dividend declared payable August 14, 2026 to holders of record July 31, 2026

Historical Context

5 past events · Latest: May 11 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 11	Conference participation	Positive	+6.5%	Company presenting and meeting investors at LD Micro Invitational XVI.
May 07	Earnings results	Positive	+29.1%	Q1 2026 results with margin improvement and full‑year guidance issued.
Apr 23	Earnings date notice	Neutral	-2.5%	Announcement of Q1 2026 earnings release date and conference call.
Mar 12	Earnings results	Positive	+15.2%	Q4 2025 results showing strong quarter and regular dividend declaration.
Feb 26	Earnings date & conference	Neutral	-0.3%	Fourth quarter results date and participation in 38th Annual ROTH Conference.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent LCUT news, especially earnings and conference items, has generally produced aligned and often positive price reactions.

Key Terms

independent registered public accounting firm, non-binding advisory basis, long-term incentive plan

3 terms

independent registered public accounting firm regulatory

"stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

non-binding advisory basis regulatory

"On a non-binding advisory basis, stockholders approved the 2025 compensation"

A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.

long-term incentive plan financial

"approved an amendment and restatement of the Company’s Amended and Restated 2000 Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Declares Dividend to be Paid August 14, 2026

GARDEN CITY, N.Y., June 22, 2026 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (Nasdaq: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, announced the results of the votes taken at the Company’s 2026 Annual Meeting of Stockholders held Thursday, June 18, 2026.

The stockholders elected the following directors to serve until the next Annual Meeting of Stockholders:

Jeffrey Siegel		Chairman of the Board
Robert B. Kay		Chief Executive Officer, Lifetime Brands, Inc.
Jeffrey H. Evans		Former Executive Vice President, Entertainment, Toys, and Seasonal, Walmart U.S.
Rachael A. Jarosh		Former President and Chief Executive Officer, Enactus
Cherrie Nanninga		Partner, Real Estate Solutions Group, LLC
Bruce G. Pollack		Managing Partner, Centre Partners Management, LLC
Michael J. Regan		Retired Certified Public Accountant
Michael Schnabel		Senior Partner, Centre Partners Management, LLC
Daniel Siegel		President, Lifetime Brands, Inc.

In addition, stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

On a non-binding advisory basis, stockholders approved the 2025 compensation of the Company’s named executive officers.

The stockholders also approved an amendment and restatement of the Company’s Amended and Restated 2000 Long-Term Incentive Plan.

Separately, on Thursday, June 18, 2026, Lifetime’s Board of Directors declared a quarterly cash dividend of $0.0425 per share payable on August 14, 2026 to stockholders of record at the close of business on July 31, 2026.

Lifetime Brands, Inc.

Lifetime Brands is a leading global designer, developer and marketer of a broad range of branded consumer products used in the home. The Company markets its products under well-known kitchenware brands, including Farberware®, KitchenAid®, Sabatier®, Amco Houseworks®, Chef’n® Chicago™ Metallic, Copco®, Fred® & Friends, Houdini™, KitchenCraft®, Kamenstein®, La Cafetière®, MasterClass®, Misto®, Swing-A-Way®, Taylor® Kitchen, Rabbit®, and Dolly®; respected tableware and giftware brands, including Mikasa®, Pfaltzgraff®, Fitz and Floyd®, Empire Silver™, Gorham®, International® Silver, Towle® Silversmiths, Wallace®, Wilton Armetale®, V&A®, Royal Botanic Gardens Kew®, Year & Day®, Dolly®, Royal Leerdam®, and ONIS®; and valued home solutions brands, including BUILT NY®, S’well®, Taylor® Bath, Taylor® Kitchen, Taylor® Weather, Elements®, Planet Box®, and Dolly®. The Company also provides exclusive private label products to leading retailers worldwide.

The Company’s corporate website is www.lifetimebrands.com.

Contacts:

Lifetime Brands, Inc.
Laurence Winoker, Chief Financial Officer
516-203-3590
investor.relations@lifetimebrands.com

or

MZ North America
Shannon Devine
Main: 203-741-8811
LCUT@mzgroup.us 

FAQ

What dividend did Lifetime Brands (Nasdaq: LCUT) declare on June 18, 2026?

Lifetime Brands declared a quarterly cash dividend of $0.0425 per share. According to Lifetime Brands, the dividend will be paid on August 14, 2026 to stockholders of record as of the close of business on July 31, 2026.

When will Lifetime Brands (LCUT) pay its August 2026 dividend and what is the record date?

The August 2026 dividend will be paid on August 14, 2026. According to Lifetime Brands, shareholders must be of record at the close of business on July 31, 2026 to receive the $0.0425 per share quarterly dividend.

What were the key results of Lifetime Brands’ 2026 annual meeting for LCUT shareholders?

LCUT shareholders elected all nominated directors and approved several key proposals. According to Lifetime Brands, stockholders ratified Ernst & Young LLP as 2026 auditor, approved 2025 executive compensation on an advisory basis, and approved an amendment and restatement of the 2000 Long-Term Incentive Plan.

Did Lifetime Brands (LCUT) shareholders ratify the independent auditor for 2026?

Yes, shareholders ratified Ernst & Young LLP as independent registered public accounting firm for 2026. According to Lifetime Brands, the ratification covers the fiscal year ending December 31, 2026, supporting continuity in the company’s external financial statement auditing.

What happened to the 2000 Long-Term Incentive Plan at Lifetime Brands’ 2026 annual meeting?

Shareholders approved an amendment and restatement of the 2000 Long-Term Incentive Plan. According to Lifetime Brands, the updated plan governs long-term incentive compensation for eligible participants and was formally approved by stockholders at the 2026 annual meeting of stockholders.

Was Lifetime Brands’ 2025 executive compensation approved at the 2026 annual meeting?

Yes, 2025 compensation for named executive officers received advisory shareholder approval. According to Lifetime Brands, stockholders approved the 2025 executive pay package on a non-binding advisory basis, providing feedback on the company’s approach to leadership compensation for the prior year.