Lifetime Brands (LCUT) Misses Q3 EPS by 30c

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Lifetime Brands, Inc. Reports Third Quarter Financial Results

November 9, 2017 7:00 AM EST

GARDEN CITY, N.Y., Nov. 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 third quarter ended September 30, 2017.

Third Quarter Financial Highlights:

Consolidated net sales were $166.0 million, as compared to consolidated net sales of $170.1 million in the corresponding period in 2016. In constant currency, which excludes the impact of foreign exchange fluctuations, consolidated net sales decreased 2.5%, as compared to consolidated net sales in the... More