Lifetime Brands, Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2024
May 09, 2024 at 12:00 pm
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Lifetime Brands, Inc. provides earnings guidance for the full year ending December 31, 2024. For the Net sales to be $690 million to $730 million. Income from operations to be $33.0 million to $38.0 million.
Net income to be $4.0 million to $6.0 million. Diluted income per common share to be $15.0 per share to $17.0 per share.
Lifetime Brands, Inc. designs, sources and sells branded kitchenware, tableware and other products used in the home. The Company operates through two segments: United States and International. The Company designs, markets and distributes its products to retailers, distributors and directly to consumers through retail Websites. The Company's product categories include two categories of products used to prepare, serve, and consume foods, including Kitchenware (kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantry ware, spice racks and bakeware) and Tableware (dinnerware, stemware, flatware, and giftware). Its Home Solutions category includes products used in the home (thermal beverageware, bath scales, weather and outdoor household products, food storage, neoprene travel products and home decor). Its brands include Farberware, Mikasa, KitchenAid, Taylor, BUILT NY, KitchenCraft, Kamenstein, Pfaltzgraff, Rabbit, and MasterClass.
LIFETIME BRANDS, INC. 
