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Lifetime Brands (LCUT) Declares $0.0425 Quarterly Dividend; 1.2% Yield

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Lifetime Brands, Inc. Reports Second Quarter Financial Results

August 9, 2016 7:01 AM EDT

GARDEN CITY, N.Y., Aug. 09, 2016 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, today reported its financial results for the second quarter ended June 30, 2016.

Second Quarter Financial Highlights:

Consolidated net sales were $118.1 million, as compared to consolidated net sales of $120.9 million in the corresponding period in 2015. In constant currency, which excludes the impact of foreign exchange fluctuations, consolidated net sales decreased 1.4%, as compared to consolidated net sales in the... More