Lifetime Brands Q2 net sales up 7.4% to $141.6M; raises FY guidance on tariff refunds

LIFETIME BRANDS, INC

Q2 GAAP net income $19.6M ($0.87/diluted share) vs net loss of $(39.7M) ($(1.83)/share) in Q2 2025.
Adjusted net income $26.6M ($1.18/diluted share) vs adjusted net loss of $(2.6M) ($(0.12)/share) a year ago.
Gross margin 65.9% includes $40.1M tariff refund benefit; repaid $40M of term debt since Q1 end.
FY 2026 guidance raised: adjusted EPS now $2.06-$2.13 (prev. $0.73-$0.80); net sales reaffirmed $650-$700M.
Quarterly dividend declared $0.0425/share, payable Nov 13, 2026 to holders of record Oct 30, 2026.

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