---
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"
generated_at: "2026-06-04T23:35:32.686927+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lifetime Brands Q4 net sales $203.1M, down 1.9%; adj. EPS $0.29 vs $0.35

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-010383
- JSON: https://secwatch.observer/filing/0001628280-24-010383.json
- Plain text: https://secwatch.observer/filing/0001628280-24-010383.txt

## Key facts
- Earnings Releases
  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.
  - Period: year ended December 31, 2023
  - Revenue: $686.7 million
  - Net income: $(8.4) million, or $(0.40) per diluted share
  - EPS: $(0.40) per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/0001628280-24-010383-index.htm
- Earnings Releases
  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.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $203.1 million
  - Net income: $2.7 million, or $0.13 per diluted share
  - EPS: $0.13 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/874396/000162828024010383/0001628280-24-010383-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.