Lifetime Brands Reports Q1 2025 Sales of $140.1M and Adjusted EBITDA of $51.0M

LIFETIME BRANDS, INC

2025-Q1 EPS reported -$0.19 revenue$140,085,000

Consolidated net sales were $140.1M in Q1 2025, down 1.5% year-over-year.
Gross margin declined to 36.1% from 40.5%, due to customer and product mix.
Net loss improved to $(4.2)M ($0.19 per share) from $(6.3)M ($0.29 per share) in Q1 2024.
Company plans to move majority of manufacturing out of China by end of 2025.
No full-year 2025 guidance provided due to macro uncertainty; Project Concord on track.

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