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Lifetime Brands, Inc. engages in the provision kitchenware and tableware products. It operates through the following segments: U.S. Read More Wholesale, International, and Retail Direct. The U.S. Wholesale segment refers to the domestic operations of the firm that designs, markets, and distributes products to retailers and distributors. The International segment includes business operations conducted outside the U.S. The Retail Direct segment markets and sells limited selection of products through Pfaltzgraff, Mikasa, Built NY, Fred & Friends, and Lifetime Sterling internet websites. The company was founded in 1945 and is headquartered in Garden City, NY.
Garden City, New York
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Seeking AlphaMay 12
Lifetime Brands, Inc. CEO Rob Kay on Q1 2019 Results - Earnings Call Transcript
Lifetime Brands, Inc. (NASDAQ:LCUT) Q1 2019 Earnings Conference Call May 9, 2019 11:00 AM ET Company Participants Andrew Squire - IR Rob Kay - CEO Larry Winoker - CFO Conference Call Participants Frank Camma - Sidoti Patrick Barwin - Aegon Tim Hasara - Kennedy Capital Operator Ladies and gentlemen, good morning, and welcome to Lifetime Brands' First Quarter 2019 Earnings Conference Call. [Operator Instructions] I will now turn the call over to our host, Andrew Squire. Mr. Squire, please go ahead....
Seeking AlphaMay 9
Lifetime Brands beat estimates in Q1
Lifetime Brands (NASDAQ:LCUT) reports revenue growth of 28.5% in Q1, on a constant currency basis. Gross margin rate squeezed 200 bps to 36.2%. Robert Kay, Lifetime's Chief Executive Officer, commented, “Importantly, we are seeing results from recently implemented strategic initiatives. Our restructured e-commerce operations now represent nearly 14% of revenues and pure-play e-commerce revenues grew nearly 30% compared to the first quarter of 2018. The reorganization of our European operations also led to...
Yahoo FinanceMay 9
Lifetime Brands, Inc. Reports First Quarter 2019 Financial Results
GARDEN CITY, N.Y., May 09, 2019 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (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 March 31, 2019. Consolidated net sales were $149.9 million in the quarter ended March 31, 2019, an increase of $31.7 million, or 26.8%, as compared to consolidated net sales of $118.2 million, for the corresponding period in 2018. In constant currency, which excludes the...
-$0.19 per share