Lifetime Brands, Inc. Reports First Quarter Financial Results

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Lifetime Brands (LCUT) Misses Q1 EPS by 13c

May 10, 2016 7:39 AM EDT

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... More