Lifetime Brands (LCUT) Misses Q2 EPS by 2c
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Lifetime Brands, Inc. Reports First Quarter Financial Results
May 7, 2015 7:01 AM EDTReaffirms 2015 Sales Guidance of 3-6% Growth
GARDEN CITY, N.Y.--(BUSINESS WIRE)-- 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 first quarter ended March 31, 2015.
Consolidated net sales were $117.7 million, as compared to consolidated net sales of $118.4 million for the corresponding period in 2014. In constant currency, net sales were $120.4 million, an increase of $2.0 million, or 1.7%, as compared to the corresponding 2014 period. Gross margin was $44.9 million,... More