Welcome to our dedicated page for LIFETIME BRANDS SEC filings (Ticker: LCUT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lifetime Brands, Inc. filings document the public-company disclosures of a Nasdaq-listed consumer products issuer with common stock traded under LCUT. Its Form 8-K reports furnish quarterly and annual operating results, including sales, margins, earnings measures, dividends when declared, pricing and cost actions, and segment-related commentary for its branded kitchenware, tableware and home solutions business.
Proxy and annual-meeting filings cover board elections, independent auditor ratification, advisory executive compensation votes, shareholder voting results and related governance matters. The filings also identify the company’s registered common stock and provide formal records of material events, financial-condition updates and governance actions.
Lifetime Brands, Inc. President Daniel Siegel reported a tax-related share disposition in company stock. On March 11, 2026, 2,862 shares of Lifetime Brands common stock were withheld at $3.02 per share to cover tax liabilities arising from the vesting of 8,000 restricted shares.
After this withholding, Siegel directly owned 468,540 common shares. He also had indirect holdings, including 8,400 shares held by his spouse and 3,400 shares held as custodian for his son under the Uniform Transfers to Minors Act. This filing reflects compensation-related tax withholding rather than an open-market sale.
Lifetime Brands, Inc. director and Chief Executive Officer Robert Bruce Kay had 8,877 shares of Common Stock withheld on March 11, 2026 to cover tax liabilities tied to restricted stock vesting. The footnote states this withholding related to the vesting of 49,246 restricted shares granted on March 11, 2025, which vest in four equal installments on March 11 of 2026, 2027, 2028, and 2029. This is characterized as a tax-withholding disposition rather than an open-market sale. Following the transaction, he holds 757,291 shares directly and 66,000 shares indirectly through an irrevocable family trust for which his spouse is a trustee.
Lifetime Brands, Inc. presents its annual report describing a global kitchenware, tableware and home solutions business built around owned and licensed brands such as Mikasa, Taylor, Pfaltzgraff, Farberware and KitchenAid. Products are sourced mainly from Asia, especially China, and sold through major retailers and online channels worldwide.
The company highlights substantial leverage, with $189.1 million of consolidated debt outstanding as of December 31, 2025, under a term loan and asset-based revolver maturing in 2027. Its business is highly seasonal, concentrated in large customers like Walmart, Amazon, Costco and TJX, and sensitive to tariffs, supply chain costs and foreign exchange.
Lifetime reports that U.S. goodwill was fully written down in 2025, recording a non-cash goodwill impairment charge of $33.2 million after weaker forecasts and a higher risk premium. It also outlines extensive risk factors spanning macroeconomic conditions, customer concentration, international sourcing, cyber and AI-related visibility risks, regulatory compliance and potential future impairments of significant finite-lived intangibles.
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 President Daniel Siegel reported equity compensation and related tax withholding transactions in company stock. On March 9, 2026, he received a grant of 63,292 shares of restricted Common Stock at $0.00 per share, vesting 25% per year in four equal annual installments starting on the first anniversary of the grant.
On March 8, 2026, a total of 5,583 shares of Common Stock were withheld at $3.16 per share to cover tax liabilities tied to the vesting of earlier restricted stock awards granted in 2022, 2023, and 2024. After these transactions, Siegel holds 471,402 shares directly, with additional indirect holdings of 8,400 shares through his spouse and 3,400 shares as custodian for his son.
Lifetime Brands, Inc. executive vice president, treasurer, and CFO Laurence Winoker received a grant of 20,000 shares of Common Stock on March 9, 2026, which will vest in four equal annual 25% installments starting one year after grant. On March 8, 2026, a total of 3,256 shares were withheld at $3.16 per share to cover tax liabilities linked to vesting of previously granted restricted stock. Following these transactions, Winoker directly holds 139,580 Common Stock shares.
Lifetime Brands, Inc. CEO Robert Bruce Kay reported equity compensation and related tax withholding transactions in company common stock. On March 9, 2026, he received a grant of 79,114 restricted shares at no cost, which vest in four equal annual installments starting on the first anniversary of the grant date.
On March 8, 2026, a total of 12,042 shares were withheld at $3.16 per share to pay tax liabilities tied to vesting restricted stock from grants dated March 8, 2022, March 8, 2023, and March 8, 2024. After these transactions, he directly holds 766,168 shares of common stock. An irrevocable family trust associated with his spouse holds 66,000 shares, for which he disclaims beneficial ownership.
Lifetime Brands, Inc. received an updated ownership report from JB Capital Partners L.P. and Alan W. Weber. They report beneficial ownership of 1,627,852 shares of common stock, representing 7.2% of the class, based on 22,655,990 shares outstanding as of October 31, 2025.
Both reporting persons have shared voting and shared dispositive power over all reported shares and no sole voting or dispositive power. They state the holdings were not acquired to change or influence control of Lifetime Brands and expressly disclaim group status and certain beneficial ownership relationships.
Dimensional Fund Advisors LP filed an amended Schedule 13G reporting a passive ownership stake in Lifetime Brands Inc. common stock. Dimensional reported that funds and accounts it advises beneficially owned 1,123,366 shares, representing 5.0% of the common stock outstanding as of the event date 12/31/2025. Dimensional reported sole voting power over 1,097,250 shares and sole dispositive power over 1,123,366 shares, with no shared voting or dispositive power.
The filing explains that all of the securities are owned by various investment funds and accounts it advises (the “Funds”), and that Dimensional may be deemed a beneficial owner because it has voting and/or investment power. Dimensional expressly disclaims beneficial ownership of these securities. It also certifies that the shares were acquired and are held in the ordinary course of business, not for the purpose or effect of changing or influencing control of Lifetime Brands.
Lifetime Brands (LCUT) reported Q3 2025 results with net sales of $171.9 million, down from $183.8 million a year ago, and a net loss of $1.2 million (vs. $0.3 million profit). Gross margin was $60.4 million, and income from operations was $6.7 million, reflecting lower sales and disciplined operating costs.
For the first nine months, net sales were $443.9 million and net loss was $45.1 million, driven by a $33.2 million non-cash goodwill impairment recognized in Q2 tied to revised forecasts and market factors. Cash rose to $12.1 million, inventory was $221.2 million, and stockholders’ equity was $184.6 million. The company had $62.4 million outstanding on its revolving credit facility and $127.2 million on its term loan; availability under the ABL, limited by the Term Loan covenant, was $25.2 million as of September 30, 2025.
The U.S. segment delivered $158.1 million of Q3 sales; International contributed $13.8 million. Management noted seasonal dynamics and continued use of derivatives to manage interest rate and FX exposures. The company also signed a long-term lease for a new Hagerstown, Maryland distribution center, with rent commencing in early 2026.