earnings
confidence high
sentiment positive
materiality 0.75
Lifetime Brands Q2 net sales up 24.3% to $186.6M; raises full-year guidance
LIFETIME BRANDS, INC
2021-Q2 EPS reported
$0.40
revenue$382,289,000
- Q2 net sales $186.6M (+24.3% YoY); gross margin 35.4% vs 36.1%.
- Net income $5.8M ($0.26 diluted) vs net loss of $4.0M ($0.19 loss) in Q2 2020.
- Adjusted net income $6.1M ($0.28 diluted) vs adjusted net loss of $3.1M.
- FY2021 guidance raised: sales $870-$890M, adj. EBITDA $84-$88M, EPS $1.28-$1.40.
- Regular quarterly dividend declared (amount unchanged; not specified in release).