Lifetime Brands (LCUT) Misses Q3 EPS by 16c

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Lifetime Brands, Inc. Reports Third Quarter Financial Results

November 5, 2015 7:00 AM EST

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 third quarter ended September 30, 2015.

Third Quarter Financial Highlights:

Consolidated net sales were $163.2 million in the quarter ended September 30, 2015; an increase of $1.0 million, or 0.6%, as compared to consolidated net sales of $162.2 million in the corresponding period in 2014. In constant currency, which excludes the impact of foreign exchange fluctuations, consolidated net sales increased 2.9%, as compared to consolidated... More