Recap: Lifetime Brands Q1 Earnings
Shares of Lifetime Brands (NASDAQ:LCUT) remained unaffected after the company reported Q1 results.
Quarterly Results
Earnings per share fell 42.11% over the past year to ($0.27), which missed the estimate of ($0.18).
Revenue of $145,070,000 decreased by 3.24% from the same period last year, which missed the estimate of $151,270,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: May 21, 2020
Time: 10:00 AM
Recent Stock Performance
Company's 52-week high was at $10.20
52-week low: $3.26
Price action over last quarter: down 1.59%
Company Description
Lifetime Brands Inc is a U.S. based company which designs, sources and sells branded kitchenware, tableware and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.
See more from Benzinga
16 Technology Stocks Moving In Thursday's Pre-Market Session
11 Industrials Stocks Moving In Thursday's Pre-Market Session
20 Healthcare Stocks Moving In Thursday's Pre-Market Session
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
