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Lifetime Brands Inc (LCUT.OQ)

LCUT.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Lifetime Brands Inc Reports Q1 Results
Thursday, 9 May 2019 

May 9 (Reuters) - Lifetime Brands Inc ::LIFETIME BRANDS, INC. REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.19.Q1 LOSS PER SHARE $0.24.Q1 SALES ROSE 26.8 PERCENT TO $149.9 MILLION.SEES 2019 NET SALES $750 TO $755 MILLION.SEES 2019 ADJUSTED DILUTED INCOME PER COMMON SHARE $0.71 TO $0.76 PER SHARE.SEES 2019 DILUTED INCOME PER COMMON SHARE $0.62 TO $0.67 PER SHARE.  Full Article

Lifetime Brands Reports Q1 Adjusted Loss Per Share Of $0.50
Tuesday, 8 May 2018 

May 8 (Reuters) - Lifetime Brands Inc ::LIFETIME BRANDS, INC. REPORTS FIRST QUARTER FINANCIAL RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.50.Q1 LOSS PER SHARE $0.70.Q1 SALES $118.2 MILLION VERSUS $113.4 MILLION.LIFETIME BRANDS - FOR YEAR ENDING DEC 31, CO SEES NET SALES $760 MILLION TO $772 MILLION.LIFETIME BRANDS - FOR YEAR ENDING DEC 31, CO SEES DILUTED INCOME PER COMMON SHARE $0.45 TO $0.61 PER SHARE.LIFETIME BRANDS - FOR YEAR ENDING DEC 31, CO SEES ADJUSTED DILUTED INCOME PER COMMON SHARE $0.81 TO $0.96 PER SHARE.  Full Article

Lifetime Brands Reports Q4 Earnings Per Share Of $0.08
Thursday, 15 Mar 2018 

March 15 (Reuters) - Lifetime Brands Inc ::LIFETIME BRANDS, INC. REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.47.Q4 EARNINGS PER SHARE $0.08.Q4 SALES FELL 5.6 PERCENT TO $182.8 MILLION."OUR Q4 OPERATING RESULTS WERE DISAPPOINTING, RESULTING IN FULL YEAR 2017 PERFORMANCE THAT WAS BELOW OUR EXPECTATIONS".  Full Article

Lifetime Brands Receives Stockholder Approval For Filament Acquisition
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Lifetime Brands Inc ::LIFETIME BRANDS RECEIVES STOCKHOLDER APPROVAL FOR FILAMENT ACQUISITION.LIFETIME BRANDS INC - PREVIOUSLY ANNOUNCED ACQUISITION OF FILAMENT BRANDS EXPECTED TO BE COMPLETED ON OR ABOUT MARCH 2.  Full Article

Lifetime Brands To Acquire Filament Brands
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Lifetime Brands Inc ::LIFETIME BRANDS TO ACQUIRE FILAMENT BRANDS.LIFETIME BRANDS INC - ‍TRANSACTION EXPECTED TO BE MEANINGFULLY ACCRETIVE TO NORMALIZED EPS IN FIRST FULL YEAR AFTER CLOSE​.LIFETIME BRANDS INC - TRANSACTION VALUES FILAMENT AT AN ENTERPRISE VALUE OF APPROXIMATELY $313 MILLION.LIFETIME BRANDS INC - ‍SHAREHOLDERS OF FILAMENT, LED BY CENTRE PARTNERS, TO OWN 27% OF LIFETIME​.LIFETIME BRANDS INC - LIFETIME EXPECTS TRANSACTION TO BE ACCRETIVE TO EBITDA MARGINS BY APPROXIMATELY 400 BASIS POINTS.LIFETIME BRANDS - NEW MANAGEMENT TEAM TO BE LED BY ROB KAY AS CEO.LIFETIME BRANDS - INTENDS TO FUND CASH PORTION WITH PROCEEDS FROM NEWLY COMMITTED $275 MILLION SENIOR SECURED TERM LOAN & A $150 MILLION NEW ASSET BASED LOAN.LIFETIME BRANDS SAYS WILL CONTINUE TO BE HEADQUARTERED IN GARDEN CITY, NEW YORK.LIFETIME BRANDS INC - UPON COMPLETION OF TRANSACTION, CURRENT LIFETIME CEO JEFFREY SIEGEL WILL BECOME EXECUTIVE CHAIRMAN OF CO.LIFETIME - UNDER TERMS, KAY & 2 REPRESENTATIVES OF CENTRE PARTNERS, BRUCE POLLACK & MICHAEL SCHNABEL TO JOIN CO'S BOARD, EXPANDING BOARD TO 13 MEMBERS.  Full Article

Lifetime brands Q3 adjusted earnings per share $0.37
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Lifetime Brands Inc :Lifetime Brands Inc reports third quarter financial results.Q3 adjusted earnings per share $0.37.Q3 earnings per share $0.29.Q3 sales $166 million versus $170.1 million.Lifetime Brands Inc - ‍now expect full-year 2017 consolidated net sales to be approximately flat to last year's (excluding foreign currency impact)​.Lifetime Brands Inc - ‍now expect full-year 2017 gross margin to improve approximately 25 basis points​.Lifetime Brands Inc - ‍in Europe, co is continuing with integration of Kitchencraft and Creative Tops​.Lifetime Brands Inc - ‍in U.K., environment also has been difficult.  Full Article

Lifetime Brands Q2 adjusted loss per share $0.05
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - Lifetime Brands Inc ::Lifetime brands, inc. Reports second quarter financial results.Q2 adjusted loss per share $0.05.Q2 loss per share $0.14.Q2 sales $117.4 million versus $118.1 million.‍"adjusting our guidance to reflect full year consolidated net sales growth of approximately 1.5%"​.  Full Article