{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-038052","form_type":"8-K","ticker":"LCUT","cik":"0000874396","company_name":"LIFETIME BRANDS, INC","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.206961+00:00","generated_at":"2026-06-08T08:18:29.080071+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lifetime Brands Q3 net income $4.2M vs loss; raises FY 2023 guidance","bullets":["Q3 net sales $191.7M (+2.7% YoY); net income $4.2M ($0.20 diluted EPS) vs loss of $(6.4M) ($(0.30)).","Adjusted net income $7.7M ($0.36 diluted EPS), up from $6.2M ($0.29) in prior year.","FY 2023 guidance raised: net sales $670-690M, adjusted EBITDA $52-55M, adjusted EPS $0.51-0.56.","Launched Term Loan B amendment extending maturity to Aug 2027; closing expected Q4 2023.","Declared regular quarterly dividend; liquidity $198.8M at Sept 30."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-038052","json":"https://secwatch.observer/filing/0001628280-23-038052.json","markdown":"https://secwatch.observer/filing/0001628280-23-038052.md","text":"https://secwatch.observer/filing/0001628280-23-038052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874396/000162828023038052/0001628280-23-038052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874396/000162828023038052/lcut-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T08:18:29.080071+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":"a1bff8eb4dd51b4ac8c11c685949905919609abd","claim":"LIFETIME BRANDS, INC reported the full year ending December 31, 2023 results: revenue $670 to $690 million, net income $(7.2) to $(6.0) million, EPS $(0.33) to $(0.28) per share. Guidance raised.","evidence_excerpt":"we are raising the low end of our full year 2023 guidance. We now expect net sales in the range of $670 to $690 million and adjusted EBITDA in the range of $52 to $55 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874396/000162828023038052/0001628280-23-038052-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ending December 31, 2023"},{"label":"Revenue","value":"$670 to $690 million"},{"label":"Net income","value":"$(7.2) to $(6.0) million"},{"label":"EPS","value":"$(0.33) to $(0.28) per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"cb8d0997bc4479dc09da8ee702151b19a1e33bbe","claim":"LIFETIME BRANDS, INC reported the third quarter ended September 30, 2023 results: revenue $191.7 million, net income $4.2 million, EPS $0.20 per diluted share. Guidance raised.","evidence_excerpt":"Consolidated net sales for the three months ended September 30, 2023 were $191.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874396/000162828023038052/0001628280-23-038052-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$191.7 million"},{"label":"Net income","value":"$4.2 million"},{"label":"EPS","value":"$0.20 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}