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Lifetime Brands: 4Q Earnings Snapshot

GARDEN CITY, N.Y. (AP) _ Lifetime Brands Inc. (LCUT) on Thursday reported fourth-quarter profit of $10 million.

On a per-share basis, the Garden City, New York-based company said it had net income of 49 cents. Earnings, adjusted for one-time gains and costs, came to 55 cents per share.

The kitchen products company posted revenue of $228.3 million in the period.

For the year, the company reported a loss of $1.7 million, or 9 cents per share, swinging to a loss in the period. Revenue was reported as $704.5 million.

Lifetime Brands shares have declined 7.5 percent since the beginning of the year. The stock has fallen 34 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LCUT at https://www.zacks.com/ap/LCUT