Every 8-K that Lifetime Brands, Inc. (LCUT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LCUT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LCUT filings page.
Lifetime Brands, Inc. (LCUT) amended its asset-based lending credit agreement and entered into a new term loan, completing a refinancing of its debt facilities. The amended asset-based Revolving Credit Facility now provides aggregate revolving commitments of $200.0 million, split into $160.0 million U.S., $35.0 million U.K. and $5.0 million Dutch tranches, with a maturity date of August 17, 2031 and the potential to increase total commitments to up to $300.0 million if conditions are met.
The Revolving Credit Facility bears interest at formulas tied to the Alternate Base Rate, Adjusted Term SOFR, Adjusted EURIBO, or Adjusted Daily Simple RFR/Overnight Swingline Rate, with margins generally ranging from 0.50%–2.00% based on Average Quarterly Availability, and with margins temporarily fixed at 0.75% for alternate base rate loans and 1.75% for term benchmark, RFR and overnight swingline loans through the fiscal quarter ending on or about September 30, 2026. It includes a financial covenant requiring a Fixed Charge Coverage Ratio of at least 1.10 to 1.00 during specified FCCR Test Periods.
The company also entered into a new $60.0 million second lien Term Loan, which funded in full on August 17, 2026 and matures on August 17, 2031. This loan amortizes at quarterly principal payments of 1.25% of the original principal beginning October 1, 2027, with the balance due at maturity, and bears interest at Term SOFR plus 6.75%–7.25% or, in limited circumstances, a base rate plus 7.75%–8.25%, depending on availability under the ABL facility. Covenants include maintaining a Fixed Charge Coverage Ratio of at least 1.10 to 1.00 during certain reduced-availability periods and maintaining trailing twelve-month Adjusted EBITDA of at least $30.0 million. Proceeds from the facilities are used to refinance existing term debt, pay transaction costs and fund working capital and general corporate purposes.
Lifetime Brands, Inc. reported stronger Q2 2026 results, with consolidated net sales of $141.6 million, up 7.4% from 2025, and net income of $19.6 million, or $0.87 per diluted share, compared to a net loss a year earlier.
Results were boosted by a $40.1 million tariff refund benefit included in gross margin and income from operations. Adjusted income from operations rose to $41.1 million, and adjusted net income reached $26.6 million, or $1.18 per diluted share. Trailing-twelve-month adjusted EBITDA was $92.0 million.
Management highlighted debt reduction, noting repayment of $40 million of term debt since Q1 using cash from operations and tariff refunds, leaving liquidity of $150.6 million at June 30, 2026. The company reaffirmed full-year 2026 net sales guidance of $650–$700 million but raised guidance for income from operations, net income and adjusted EBITDA, now expecting net income of $23–$24.5 million and adjusted EBITDA before limitation of $90.5–$93 million. The board also declared a regular quarterly dividend of $0.0425 per share.
Lifetime Brands, Inc. reported the results of its 2026 annual stockholders meeting and a new quarterly dividend. Stockholders approved an amendment and restatement of the Amended and Restated 2000 Long-Term Incentive Plan, under which the company will reserve 10,717,500 shares of common stock for potential equity awards. All nine director nominees were elected and Ernst & Young LLP was ratified as independent auditor for the year ending December 31, 2026. Stockholders also approved, on a non-binding advisory basis, 2025 executive compensation. Separately, the board declared a quarterly cash dividend of $0.0425 per share, payable on August 14, 2026 to stockholders of record as of July 31, 2026.
Lifetime Brands reported first quarter 2026 results showing modest growth and stronger underlying profitability. Net sales rose to $143.5 million, up 2.4% year over year, with gross margin improving to 37.7% from 36.1% as pricing and mix actions took hold.
The company posted a GAAP net loss of $4.8 million, or $(0.22) per diluted share, but delivered adjusted net income of $0.8 million, or $0.04 per diluted share, versus an adjusted net loss a year ago. Adjusted income from operations improved to $5.4 million from an adjusted loss of $(0.9) million.
Management highlighted strong performance in Home Solutions, with that category growing nearly 23%, and noted that its new Hagerstown distribution center is online and favorable to plan. The company issued full-year 2026 guidance, including net sales of $650–$700 million and adjusted EBITDA of $53.5–$56 million.
Lifetime Brands, Inc. reported mixed 2025 results, with a strong fourth quarter but a weaker full year. Fourth quarter net sales were $204.1 million, down 5.2% year over year, while gross margin improved to 38.6% and income from operations rose to $20.0 million from $15.5 million. Net income for the quarter more than doubled to $18.2 million, or $0.83 per diluted share, and adjusted net income reached $23.0 million, or $1.05 per diluted share.
For the full year 2025, net sales declined 5.1% to $647.9 million and the company recorded a net loss of $26.9 million, or $(1.24) per diluted share, largely reflecting a $33.2 million goodwill impairment. On an adjusted basis, 2025 net income was $17.6 million, or $0.81 per diluted share, and adjusted EBITDA was $50.8 million. Management highlighted a 150% annual sales increase for the Dolly brand and cost reductions that lowered selling, general and administrative expenses by 10.9%. The board declared a regular quarterly dividend of $0.0425 per share, payable May 15, 2026.
Lifetime Brands, Inc. (LCUT) furnished an update on its business by announcing that it issued a press release with results for the third quarter ended September 30, 2025. The disclosure was made under Item 2.02 (Results of Operations and Financial Condition) and the press release is included as Exhibit 99.1.
The company specified that the information in Item 2.02 and Exhibit 99.1 is being furnished, not filed, under the Exchange Act. The filing also includes Exhibit 104, the cover page interactive data file in Inline XBRL format. Lifetime Brands’ common stock trades on The Nasdaq Global Select Market under the symbol LCUT.