Lifetime Brands (LCUT) Tops Q1 EPS by 6c, Revenue Misses, Offers Guidance

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Go back to Lifetime Brands (LCUT) Tops Q1 EPS by 6c, Revenue Misses, Offers Guidance

Lifetime Brands, Inc. Reports First Quarter 2023 Financial Results

May 10, 2023 7:00 AM EDT

GARDEN CITY, N.Y., May 10, 2023 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended March 31, 2023.

Rob Kay, Lifetimes Chief Executive Officer, commented, Our results this quarter were in line with our expectations, with our core business continuing to deliver solid performance in the face of a challenging macroeconomic and consumer spending environment. Our first quarter results reflect the continued impact of reduced orders as our... More