{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-010383","form_type":"8-K","ticker":"LCUT","cik":"0000874396","company_name":"LIFETIME BRANDS, INC","filed_at":"2024-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.101472+00:00","generated_at":"2026-06-04T23:35:32.686927+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Lifetime Brands Q4 net sales $203.1M, down 1.9%; adj. EPS $0.29 vs $0.35","bullets":["Net sales $203.1M, down 1.9% YoY; full year $686.7M, down 5.6%.","Q4 GAAP diluted EPS $0.13; adjusted diluted EPS $0.29 (down from $0.35).","Full year net loss $(8.4)M or $(0.40) per diluted share; adjusted net income $11.0M or $0.52.","Gross margin improved to 36.4% from 35.9% in Q4; 37.1% for full year.","Quarterly dividend of $0.0425/share declared, payable May 15 to holders of record May 1."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-010383","json":"https://secwatch.observer/filing/0001628280-24-010383.json","markdown":"https://secwatch.observer/filing/0001628280-24-010383.md","text":"https://secwatch.observer/filing/0001628280-24-010383.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/0001628280-24-010383-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/lcut-20240312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:35:32.686927+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":"11d0f4d58cc3e7cf11189a6f7f2d9402effe7744","claim":"LIFETIME BRANDS, INC reported year ended December 31, 2023 results: revenue $686.7 million, net income $(8.4) million, or $(0.40) per diluted share, EPS $(0.40) per diluted share.","evidence_excerpt":"its most comparable GAAP financial measure, as reported, is included below. 1 Full Year Financial Highlights: Consolidated net sales for the year ended December 31, 2023, were $686.7 million, a decrease of $41.0 million, or 5.6%, as compared to consolidated net sales of $727.7 million for the corresponding period in 2022. In constant currency, a non-GAAP financial","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/0001628280-24-010383-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2023"},{"label":"Revenue","value":"$686.7 million"},{"label":"Net income","value":"$(8.4) million, or $(0.40) per diluted share"},{"label":"EPS","value":"$(0.40) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2f78b76b36c3a1ad114b0b72c1241fc26f7cf92d","claim":"LIFETIME BRANDS, INC reported fourth quarter ended December 31, 2023 results: revenue $203.1 million, net income $2.7 million, or $0.13 per diluted share, EPS $0.13 per diluted share.","evidence_excerpt":"and deliver on our strategy, which will generate value in 2024.” Fourth Quarter Financial Highlights: Consolidated net sales for the three months ended December 31, 2023, were $203.1 million, representing a decrease of $3.9 million or 1.9%, as compared to $207.0 million for the corresponding period in 2022. In constant currency, a non-GAAP financial measure, which","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/0001628280-24-010383-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$203.1 million"},{"label":"Net income","value":"$2.7 million, or $0.13 per diluted share"},{"label":"EPS","value":"$0.13 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"}