{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-007147","form_type":"8-K","ticker":"LCUT","cik":"0000874396","company_name":"LIFETIME BRANDS, INC","filed_at":"2023-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.335003+00:00","generated_at":"2026-06-18T08:05:14.748483+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lifetime Brands Q4 net sales down 19% to $207M; adjusted EPS $0.22 vs $0.65 YoY","bullets":["Q4 net sales $207.0M, down 19.1% YoY; gross margin improved to 35.9% from 34.4%.","Q4 adjusted net income $4.7M ($0.22 diluted EPS) vs $14.4M ($0.65) in prior year.","Full-year 2022 net loss $6.2M ($0.29 loss per share) vs net income $20.8M ($0.94) in 2021.","Quarterly dividend maintained at $0.0425 per share; payable May 15, 2023.","CEO cites reduced customer orders and European weakness; expects outperform 2022 in 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-007147","json":"https://secwatch.observer/filing/0001628280-23-007147.json","markdown":"https://secwatch.observer/filing/0001628280-23-007147.md","text":"https://secwatch.observer/filing/0001628280-23-007147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874396/000162828023007147/0001628280-23-007147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874396/000162828023007147/lcut-20230309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T08:05:14.748483+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"65bca8a5369a76a83fc5d3270094d8dd8af831d9","claim":"LIFETIME BRANDS, INC reported the fourth quarter ended December 31, 2022 results: revenue $207.0 million, net income $3.3 million, EPS $0.15 per diluted share.","evidence_excerpt":"Consolidated net sales for the three months ended December 31, 2022, were $207.0 million, representing a decrease of $48.9 million or 19.1%, as compared to $255.9 million for the corresponding period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874396/000162828023007147/0001628280-23-007147-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$207.0 million"},{"label":"Net income","value":"$3.3 million"},{"label":"EPS","value":"$0.15 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f516cb40c817829511d9657a4952a18c2c6b4406","claim":"LIFETIME BRANDS, INC reported the year ended December 31, 2022 results: revenue $727.7 million, net income $(6.2) million, EPS $(0.29) per diluted share.","evidence_excerpt":"Consolidated net sales for the year ended December 31, 2022, were $727.7 million, a decrease of $135.2 million, or 15.7%, as compared to consolidated net sales of $862.9 million for the corresponding period in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874396/000162828023007147/0001628280-23-007147-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$727.7 million"},{"label":"Net income","value":"$(6.2) million"},{"label":"EPS","value":"$(0.29) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}