Lifetime Brands (LCUT) Misses Q1 EPS by 13c

Lifetime Brands (NASDAQ: LCUT) reported Q1 EPS of ($0.24), $0.13 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $10.9 million versus the consensus estimate of $120.01 million.

Sees FY16 sales up around 3 percent, excluding any impact of foreign currencies, and gross margin to increase approximately 50 basis points.

For earnings history and earnings-related data on Lifetime Brands (LCUT) click here.

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