secwatch.observer — SEC 8-K summary
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Issuer:     LIFETIME BRANDS, INC (LCUT)
CIK:        0000874396
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001628280-21-015680
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifetime Brands Q2 net sales up 24.3% to $186.6M; raises full-year guidance
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874396/000162828021015680/0001628280-21-015680-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874396/000162828021015680/lcut-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-015680

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer