Lifetime Brands Inc Stock Price, News & Analysis

Lifetime Brands, a global designer of consumer products, will present at the Sidoti Virtual Microcap Conference on August 18, 2021, at 11:30 AM ET. CEO Robert Kay and CFO Laurence Winoker will lead the presentation, which attendees can access through a provided link. The company is known for its wide range of brands in kitchenware, tableware, and home solutions, including Farberware, KitchenAid, and Mikasa. This event is an opportunity for investors to gain insights into the company's operations and market performance.

Lifetime Brands, Inc. (NasdaqGS: LCUT) reported a strong financial performance for Q2 2021, with consolidated net sales of $186.6 million, up 24.3% from $150.1 million in Q2 2020. The company experienced a net income of $5.8 million ($0.26 per diluted share), rebounding from a net loss of $(4.0) million in the previous year. They raised their full year 2021 guidance for net sales to $870-$890 million. The company declared a quarterly dividend of $0.0425 per share, payable on November 15, 2021. Their focus remains on inventory investment and mitigating supply chain challenges.

Lifetime Brands, Inc. (NasdaqGS: LCUT) will release its second quarter 2021 financial results on August 5, 2021, at 7:00 a.m. Eastern Time. The company will host a conference call at 11:00 a.m. the same day, with CEO Rob Kay and CFO Larry Winoker discussing the results and answering investor questions. Investors can access the call via phone or through a live webcast. Lifetime Brands is known for its extensive portfolio of kitchenware, tableware, and home solution brands, providing products under well-recognized names like Farberware®, KitchenAid®, and Mikasa®.

Lifetime Brands, Inc. (NASDAQ: LCUT) held its 2021 Annual Meeting of Stockholders on June 24, 2021. Directors were elected to serve until the next meeting, including Jeffrey Siegel and Robert B. Kay. Stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for 2021 and approved the executive compensation on an advisory basis. A quarterly cash dividend of $0.0425 per share was declared, payable on August 16, 2021, to stockholders of record by August 2, 2021.

Lifetime Brands (NasdaqGS: LCUT) will present at the Oppenheimer 21st Annual Consumer Growth and E-Commerce Conference on June 15, 2021, at 4:35 PM ET. CEO Robert Kay and CFO Laurence Winoker will deliver the presentation, which can be accessed via a provided link. The company is a leading global designer and marketer of a wide range of branded home consumer products, including renowned kitchenware and tableware brands. For more information, visit the corporate website at www.lifetimebrands.com.

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.