{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-021972","form_type":"8-K","ticker":"LCUT","cik":"0000874396","company_name":"LIFETIME BRANDS, INC","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.235944+00:00","generated_at":"2026-06-02T07:57:00.144873+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Lifetime Brands Q1 net sales $142.2M (-2.2% YoY); gross margin expands to 40.5%; provides FY24 guidance","bullets":["Consolidated net sales $142.2M, down 2.2% YoY; gross margin 40.5% vs 37.0% in Q1 2023.","Income from operations $1.8M vs loss of $(1.8)M; adjusted income from operations $5.7M vs $3.4M.","Net loss $(6.3)M ($0.29/diluted share) vs $(8.8)M ($0.41) in prior year; adjusted net loss $(3.2)M.","Adjusted EBITDA $59.5M for trailing twelve months ended March 31, 2024.","FY2024 guidance: net sales $690-730M, adjusted EBITDA $57.5-62.5M, adjusted EPS $0.69-0.78."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-021972","json":"https://secwatch.observer/filing/0001628280-24-021972.json","markdown":"https://secwatch.observer/filing/0001628280-24-021972.md","text":"https://secwatch.observer/filing/0001628280-24-021972.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874396/000162828024021972/0001628280-24-021972-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874396/000162828024021972/lcut-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:57:00.144873+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":"5042faf6d7b178eb5ffd10cf073a3ef26dc95c6c","claim":"LIFETIME BRANDS, INC reported first quarter ended March 31, 2024 results: revenue $142.2 million, net income $(6.3) million, or $(0.29) per diluted share, EPS $(0.29) per diluted share.","evidence_excerpt":"Consolidated net sales for the three months ended March 31, 2024 were $142.2 million, representing a decrease of $3.2 million, or 2.2%, as compared to net sales of $145.4 million for the corresponding period in 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874396/000162828024021972/0001628280-24-021972-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$142.2 million"},{"label":"Net income","value":"$(6.3) million, or $(0.29) per diluted share"},{"label":"EPS","value":"$(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"}