Welcome to our dedicated page for Lifetime Brands news (Ticker: LCUT), a resource for investors and traders seeking the latest updates and insights on Lifetime Brands stock.
Lifetime Brands Inc (LCUT), a global leader in kitchenware and home essentials, maintains this dedicated news hub for investors and industry followers. Access official press releases, financial disclosures, and strategic updates from the company behind Farberware, KitchenAid, and other iconic brands.
This resource provides centralized access to critical developments including quarterly earnings, product innovations, retail partnerships, and operational milestones. Stay informed about LCUT's market position through verified announcements and regulatory filings.
Key updates cover product launches in cookware and tableware, supply chain enhancements, and leadership changes. Content is curated to help stakeholders track the company's performance in consumer goods markets across North America and international regions.
Bookmark this page for real-time notifications about LCUT's brand expansions and industry initiatives. Check regularly for authoritative updates directly from Lifetime Brands' corporate communications team.
Lifetime Brands, Inc. (NasdaqGS: LCUT) has launched an updated investor presentation showcasing its successful execution of the "Lifetime Brands 2.0" growth strategy. The revised presentation includes new five-year financial targets: Adjusted EBITDA now set at $120 million, up from $90+ million; Adjusted EBITDA Margin increased to 12% from 10%; Organic Sales Growth projected at 3%, revised from 2%; and Sales Growth with Food Service at 3.5%, down from 4%. CEO Rob Kay emphasized the company's focus on leveraging competitive advantages.
Lifetime Brands, a top designer and marketer of consumer products for the home, will showcase at the Sidoti Virtual Microcap Conference on May 20, 2021. CEO Robert Kay and CFO Laurence Winoker are set to present at 8:30 AM ET. The presentation will cover the company's diverse product range, including well-known kitchenware brands like Farberware and KitchenAid, tableware brands such as Mikasa and Pfaltzgraff, and valuable home solutions. Investors can access the event through the provided link for insights into their strategic direction.
Lifetime Brands, Inc. (LCUT) reported strong Q1 2021 results with a 34.9% increase in consolidated net sales, reaching $195.7 million, compared to $145.1 million a year earlier. The company achieved net income of $3.1 million and an adjusted EBITDA growth of 418%, totaling $13.6 million. The positive performance was supported by enhanced market share and improved international operations. For FY 2021, the company forecasts net sales between $847 million and $856 million, and adjusted income per share between $1.24 and $1.33.
Lifetime Brands, Inc. (NasdaqGS: LCUT) will announce its Q1 2021 financial results on May 6, 2021, at 7:00 a.m. ET. The Company specializes in designing and marketing a wide array of branded consumer products for the home. A conference call will follow at 11:00 a.m. ET, featuring CEO Rob Kay and CFO Larry Winoker, who will discuss the results and address investor inquiries. Interested parties can access the call via dial-in or through a live webcast.
Lifetime Brands, Inc. (NasdaqGS: LCUT) reported strong fourth quarter results for 2020, with consolidated net sales of $249.2 million, a 9.8% increase from the previous year. The company's net income reached $15.2 million, compared to a net loss of $(14.5) million in Q4 2019. Full-year sales rose 4.7% to $769.2 million, supported by growth in core U.S. operations and international markets. The board declared a quarterly dividend of $0.0425 per share, reinforcing confidence in the company's financial recovery and future growth.
Lifetime Brands, Inc. (NasdaqGS: LCUT) will announce its fourth quarter and fiscal year 2020 financial results on March 10, 2021, at 7:00 a.m. ET. A conference call with CEO Rob Kay and CFO Larry Winoker is set for 11:00 a.m. the same day to discuss results and answer investor questions. Investors can join the call by dialing (866) 610-1072 (U.S.) or (973) 935-2840 (International), using Conference ID: 3185706. A live webcast will also be available for those unable to attend the live broadcast.
Lifetime Brands, a global designer and marketer of home consumer products, will present at the Sidoti Virtual Microcap Conference on November 19, 2020, at 1:00 PM ET. CEO Robert Kay and CFO Laurence Winoker will lead the presentation, which can be accessed through the provided link. The company is known for its extensive range of kitchenware, tableware, and home solutions brands, including Farberware, KitchenAid, and Mikasa. For more information, visit lifetimebrands.com.
Lifetime Brands, Inc. (LCUT) reported Q3 2020 financial results showing net income of $13.9 million, a significant recovery from a $13.5 million loss in Q3 2019. Consolidated net sales increased by 4.3% to $224.8 million. EBITDA rose to $72.7 million, up nearly 20% year-to-date. The company experienced consistent growth in the U.S. market, marked by strong demand for kitchenware. Though European operations stabilized, a non-cash goodwill impairment of $9.7 million was noted. A quarterly dividend of $0.0425 was declared, payable in February 2021.
Lifetime Brands, Inc. (NasdaqGS: LCUT) will announce its Q3 2020 financial results on November 5, 2020, at 7:00 a.m. ET. CEO Rob Kay and CFO Larry Winoker will host a conference call at 11:00 a.m. to discuss the results and address investor queries. The call can be accessed at (866) 610-1072 for U.S. participants or (973) 935-2840 for international listeners, using Conference ID: 8275007. A live webcast will also be available for those unable to attend.
Lifetime Brands, Inc. (NasdaqGS: LCUT) will announce its Q2 2020 financial results on August 6, 2020, at 7:00 a.m. ET. A conference call will follow at 11:00 a.m., featuring CEO Rob Kay and CFO Larry Winoker, who will discuss the results and address investor inquiries. To participate, dial (866) 610-1072 (U.S.) or (973) 935-2840 (International). Conference ID: 5281916. A live webcast will also be available for those interested.
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