Lifetime Brands (LCUT) Tops Q1 EPS by 2c

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Go back to Lifetime Brands (LCUT) Tops Q1 EPS by 2c

Lifetime Brands, Inc. Reports First Quarter Financial Results

May 9, 2017 7:00 AM EDT

GARDEN CITY, N.Y., May 09, 2017 (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 first quarter ended March 31, 2017.

Consolidated net sales were $113.4 million, as compared to consolidated net sales of $110.9 million for the corresponding period in 2016. In constant currency, which excludes the impact of foreign exchange fluctuations, consolidated net sales increased $5.5 million, or 5.1%, as compared to consolidated net sales in the corresponding period in 2016.

Gross margin was... More