Highest-materiality recent filing
ABL facility amended to $200M commitments (US $160M, UK $35M, Dutch $5M), maturity extended to Aug 17, 2031.
Lifetime Brands Q2 net sales up 7.4% to $141.6M; raises FY guidance on tariff refunds
Q2 GAAP net income $19.6M ($0.87/diluted share) vs net loss of $(39.7M) ($(1.83)/share) in Q2 2025.
Lifetime Brands declares $0.0425 quarterly dividend, approves amended incentive plan
Stockholders approved amendment to 2000 Long-Term Incentive Plan, reserving 10,717,500 shares.
Lifetime Brands Q1 beats consensus; provides FY 2026 adj. EPS guidance $0.73-0.80
Consolidated net sales $143.5M, up 2.4% YoY; gross margin expanded to 37.7% from 36.1%.
Q4 net sales $204.1M (-5.2% YoY); income from operations $20.0M vs $15.5M.
Lifetime Brands Q3 2025: net loss $1.2M, revenue $171.9M (-6.5%), adj. EPS $0.11 vs $0.21 YoY
Q3 net sales $171.9M, down 6.5% YoY; gross margin 35.1% vs 36.7%.
Net sales of $131.9M (down 6.9% YoY); gross margin steady at 38.6%.
Lifetime Brands declares $0.0425 quarterly dividend, all director nominees elected at annual meeting
All ten director nominees elected at June 18 annual meeting; stockholders ratified Ernst & Young as auditor.
Lifetime Brands Reports Q1 2025 Sales of $140.1M and Adjusted EBITDA of $51.0M
Consolidated net sales were $140.1M in Q1 2025, down 1.5% year-over-year.
Lifetime Brands Q4 sales up 6% to $215M; adjusted EPS $0.55; launches Project Concord
Q4 net sales $215.2M (+6% YoY); U.S. +5.8%, International +4.4% constant currency.
Lease for 1,027,526 sq ft Hagerstown, MD distribution center; 15-year term, base rent $7.3M first year, escalating 3% annually.
Lifetime Brands appoints Jeffrey Evans as independent director, expanding board to 10
Board size increased from 9 to 10; Jeffrey Evans appointed effective January 17, 2025.
Lifetime Brands Q3 EPS $0.02 vs $0.20; cuts FY2024 guidance on weak demand
Q3 net sales $183.8M (-4.1% YoY); GAAP EPS $0.02 (vs $0.20); adjusted EPS $0.21 (vs $0.36).
Q2 net sales $141.7M, down 3.2% YoY; gross margin 38.5% vs 38.2%.
Lifetime Brands declares $0.0425 quarterly dividend; stockholders approve incentive plan amendment
Quarterly dividend of $0.0425 per share declared, payable Aug 15, 2024 to holders of record as of Aug 1, 2024.
Consolidated net sales $142.2M, down 2.2% YoY; gross margin 40.5% vs 37.0% in Q1 2023.
Lifetime Brands Q4 net sales $203.1M, down 1.9%; adj. EPS $0.29 vs $0.35
Net sales $203.1M, down 1.9% YoY; full year $686.7M, down 5.6%.
Lifetime Brands amends Term Loan B: $150M extended to August 2027, new SOFR-based pricing
Amended Term Loan B principal reduced to $150M, maturity extended from Feb 2025 to Aug 2027.
Lifetime Brands Q3 net income $4.2M vs loss; raises FY 2023 guidance
Q3 net sales $191.7M (+2.7% YoY); net income $4.2M ($0.20 diluted EPS) vs loss of $(6.4M) ($(0.30)).
Preliminary Q3 net sales ~$191.7M, gross margin ~$71.0M (37%), adjusted EBITDA ~$19.7M.
Second Amendment to Stockholders Agreement with Taylor Parent, LLC dated Oct 19, 2023.
Lifetime Brands Q2 net sales beat, but net loss widens on $4.4M impairment
Q2 net sales $146.4M (-3.2% YoY), beating estimates; gross margin improved to 38.2% from 36.5%.
Lifetime Brands declares $0.0425/share quarterly dividend; annual meeting elects directors
Dividend of $0.0425 per share declared, payable Aug 15, 2023, record date Aug 1, 2023.
Lifetime Brands repurchases $47.2M of term loan at 95% of par; estimated gain $2.4M
Completed repurchase of $47.2M in principal of senior secured term loan at 95% of par value.
Lifetime Brands Q1 net loss $8.8M ($0.41/diluted), sales down 20.4% to $145.4M
Net loss $(8.8)M or $(0.41) per diluted share vs net income $0.4M ($0.02) YoY; adjusted net loss $(2.6)M ($0.12).
Lifetime Brands Q4 net sales down 19% to $207M; adjusted EPS $0.22 vs $0.65 YoY
Q4 net sales $207.0M, down 19.1% YoY; gross margin improved to 35.9% from 34.4%.
Lifetime Brands amends term loan to replace LIBOR with SOFR-based interest rates
Entered Amendment No. 1 to Term Loan Agreement dated March 2, 2018, with JPMorgan as administrative agent.
Lifetime Brands Q3 net loss $0.30/sh; revenue down 17%; withdraws FY22 guidance
Net loss $6.4M ($0.30 diluted loss) vs net income $12.6M ($0.57) in Q3 2021.
Lifetime Brands expands ABL credit facility to $200M, extends maturity to 2027
Amended ABL credit agreement increases lender commitments from $150M to $200M.
Lifetime Brands Q2 net sales down 19% to $151.3M; posts net loss of $3.5M; guidance cut
Q2 net sales $151.3M, down 18.9% YoY; gross margin improved to 36.5% from 35.4%.
Quarterly dividend of $0.0425 per share declared, payable August 15, 2022 to holders of record August 1, 2022.
Lifetime Brands Q1 net sales down 6.6% to $182.7M; guides FY2022 sales $904-924M
Net sales $182.7M, down 6.6% YoY from $195.7M; net income $0.4M ($0.02 EPS) vs $3.1M ($0.14) in Q1 2021.
Lifetime Brands board authorizes $20M share repurchase, replacing $10M program
Board authorized up to $20M in share repurchases (exclusive of fees), replacing previous $10M authorization.
Lifetime Brands full-year 2021 net sales up 12.2% to $862.9M; adjusted EBITDA $95.1M, up 23%
Full-year net sales $862.9M (+12.2% YoY); net income $20.8M ($0.94 diluted EPS) vs loss in 2020.
Lifetime Brands amends credit agreement to replace LIBOR with Benchmark Replacement
Amendment No. 1 to Credit Agreement dated March 2, 2018, effective December 28, 2021.
Q3 net sales $224.8M (flat YoY); gross margin 37.0% vs 35.1% YoY.
Lifetime Brands Q2 net sales up 24.3% to $186.6M; raises full-year guidance
Q2 net sales $186.6M (+24.3% YoY); gross margin 35.4% vs 36.1%.
appointed Jeffrey Evans to serve as an independent director on the Board of the Company, effective immediately.
Max materiality 0.85 · Median 0.70 · Most common event earnings