Lifetime Brands Inc
NASDAQ:LCUT

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Lifetime Brands Inc Logo
Lifetime Brands Inc
NASDAQ:LCUT
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Price: 5.79 USD 3.95% Market Closed
Market Cap: $131.1m

Lifetime Brands Inc
Investor Relations

Lifetime Brands, Inc. provides kitchenware and tableware products. The company is headquartered in Garden City, New York and currently employs 1,350 full-time employees. The firm operates through two segments: United States (U.S.) segment and International segment. The U.S. segment designs, markets, and distributes its products to retailers, distributors and directly to consumers through its websites. The International segment consists of business operations conducted outside the U.S. The firm's product categories include two categories of products used to prepare, serve, and consume foods, including Kitchenware (kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantry ware, spice racks and bakeware) and Tableware (dinnerware, stemware, flatware, and giftware). Its Home Solutions category includes products used in the home (thermal beverageware, bath scales, weather and outdoor household products, food storage, neoprene travel products and home decor).

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 12, 2026
AI Summary
Q4 2025

Tariffs & Pricing: Management said 145% tariffs on China in 2025 caused major disruption; Lifetime moved early to raise prices across channels to offset tariffs and captured improved margins once the market re-priced.

Profitability: Q4 2025 net income was $18.2 million ($0.83/sh) versus $8.9 million ($0.41) a year ago, and adjusted EBITDA for the full year was $50.8 million; margins expanded despite a 5.2% decline in net sales.

Sales & Volume: Consolidated sales fell 5.2% to $204.1 million in Q4; management expects more normalized seasonality and a priority on recovering sustainable top-line growth in 2026.

Cost Discipline: SG&A fell 12% to $38.0 million in Q4 and U.S. distribution expense improved (8.3% of goods shipped vs. 9.1% prior year) due to efficiency actions and warehouse systems.

International & Restructuring: International sales showed resilience (full year $56.7 million, up 1.7% reported) while Project Concord restructuring progress continued but final phase delayed into H1 2026.

Capital & Operations: East Coast DC relocation to Hagerstown (≈1 million sq ft) expected to start operations in Q2 2026; year-end liquidity was $76.6 million and adjusted EBITDA/net debt ~2.9x.

Key Financials
Net income (Q4 2025)
$18.2 million
Earnings per diluted share (Q4 2025)
$0.83
Adjusted net income (Q4 2025)
$23.0 million
Adjusted net income per diluted share (Q4 2025)
$1.05
Income from operations (Q4 2025)
$20.0 million
Adjusted income from operations (Q4 2025)
$26.4 million
Adjusted EBITDA (Full year 2025)
$50.8 million
Consolidated sales (Q4 2025)
$204.1 million
U.S. segment sales (Q4 2025)
$185.3 million
International sales (Q4 2025)
$18.8 million
Gross margin (Q4 2025)
38.6%
U.S. gross margin (Q4 2025)
38.8%
International gross margin (Q4 2025)
36.8%
Selling, general & administrative expenses (Q4 2025)
$38.0 million
U.S. SG&A (Q4 2025)
$29.6 million
International SG&A (Q4 2025)
$3.1 million
U.S. distribution expense (% of goods shipped)
8.3%
International distribution expense (% of goods shipped)
19.8%
Interest expense
decreased by $0.6 million
Liquidity (year-end)
$76.6 million
Adjusted EBITDA / Net debt (year-end)
2.9x
Dolly brand sales (full year 2025)
approximately $18.0 million
East Coast distribution center
≈1 million sq ft (adds 327,000 sq ft); expected operations Q2 2026
CapEx (Hagerstown/DC estimate for 2026)
around $7.0 million (company estimate)
Tax rate expectation (2026)
high-20% range (approx. 27%–28%)
Earnings Call Recording
Other Earnings Calls

Management

Mr. Robert Bruce Kay
CEO & Director
No Bio Available
Mr. Daniel T. Siegel
President
No Bio Available
Mr. Laurence Winoker
Executive VP, Treasurer & CFO
No Bio Available
Mr. Andrew Squire
Head of Investor Relations
No Bio Available
Ms. Sara Shindel
Executive VP, General Counsel & Corporate Secretary
No Bio Available
Mr. Clifford Siegel
Executive Vice President of Global Supply Chain
No Bio Available
Mr. James Wells
Executive VP & President of the Kitchenware Division
No Bio Available
Mr. Timothy G. Simmone
Chief Integration Officer
No Bio Available
Carly King
Investor Relations Executive
No Bio Available

Contacts

Address
NEW YORK
Garden City
1000 Stewart Ave
Contacts
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