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Last $14.56 USD
Change Today +0.17 / 1.18%
Volume 17.0K
LCUT On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 5:20 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

lifetime brands inc (LCUT) Snapshot

Open
$14.32
Previous Close
$14.39
Day High
$14.69
Day Low
$14.32
52 Week High
11/7/14 - $18.15
52 Week Low
03/12/15 - $12.48
Market Cap
203.8M
Average Volume 10 Days
25.0K
EPS TTM
$0.75
Shares Outstanding
14.0M
EX-Date
10/28/15
P/E TM
19.5x
Dividend
$0.17
Dividend Yield
1.03%
Current Stock Chart for LIFETIME BRANDS INC (LCUT)

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lifetime brands inc (LCUT) Details

Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products used in the home in the United States and internationally. The company operates through three segments: U.S. Wholesale, International, and Retail Direct. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, shears, cookware, bakeware, and novelty housewares and other products; and tableware products comprising dinnerware, stemware, flatware, and giftware. The company also provides home solutions, which comprise other products used in the home, such as pantryware, spice racks, thermal beverageware, food storage, and home décor, as well as neoprene travel products consisting of bags, totes, cases, and sleeves; and sterling silver and pewter giftware products, as well as coffee presses and accessories under the La Cafetière and Randwyck brands. In addition, it owns or licenses various brands, including Farberware, KitchenAid, Mikasa, KitchenCraft, Pfaltzgraff, Fred, Sabatier, masterclass, Kamenstein, Towle, and Built NY. The company serves mass merchants, specialty stores, national chains, department stores, warehouse clubs, supermarkets, off-price retailers, and Internet retailers, as well as directly to consumers through its Pfaltzgraff, Mikasa, Fred and Friends, Built NY, Lifetime Sterling, and The English Table Internet Websites. Lifetime Brands, Inc. was founded in 1945 and is headquartered in Garden City, New York.

1,425 Employees
Last Reported Date: 03/16/15
Founded in 1945

lifetime brands inc (LCUT) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $1.0M
President
Total Annual Compensation: $460.5K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $425.0K
Vice Chairman and Chief Operating Officer
Total Annual Compensation: $650.0K
Compensation as of Fiscal Year 2014.

lifetime brands inc (LCUT) Key Developments

Lifetime Brands, Inc. Provides Earnings Guidance for the Full Year of 2015

Lifetime Brands, Inc. provided earnings guidance for the full year of 2015. For the period, the company expects to achieve a near 6% net sales growth for the year. The company forecast full year 2015 net sales to increase by 3% to 6%. operating margin expected to be in the range of 4.5% to 5.5%. Effective income tax rate projected to be 38%. Capital spending is planned to be approximately $6 million.

Lifetime Brands, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Declares Quarterly Dividend Payable on November 13, 2015

Lifetime Brands, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net loss of $1,727,000 or $0.12 per basic and diluted share on net sales of $120,935,000 against net loss of $3,202,000 or $0.24 per basic and diluted share on net sales of $115,321,000 a year ago. Loss from operations was $987,000 compared to income from operations of $3,157,000 a year ago. Loss before income taxes and equity in earnings was $2,446,000 compared to $4,829,000 a year ago. Consolidated EBITDA was $4,388,000 compared to $1,494,000 a year ago. Adjusted net loss of $614,000 or $0.04 per diluted share compared to adjusted net income of $3,059,000 or $0.23 per diluted share a year ago. For the six months, the company reported net loss of $3,882,000 or $0.28 per basic and diluted share on net sales of $238,592,000 against net income of $6,131,000 or $0.46 per basic and diluted share on net sales of $233,732,000 a year ago. Loss from operations was $3,158,000 compared to $5,354,000 a year ago. Loss before income taxes and equity in earnings was $6,202,000 compared to $8,735,000 a year ago. Net cash provided by operating activities was $10,624,000 compared to net cash used in operating activities of $7,403,000 a year ago. Purchases of property and equipment were $2,881,000 compared to $2,713,000 a year ago. Adjusted net loss of $2,484,000 or $0.18 per diluted share compared to adjusted net income of $4,808,000 or $0.36 per diluted share a year ago. Consolidated EBITDA was $6.9 million in the six months ended June 30, 2015, as compared to $5.2 million for the corresponding 2014 period. On August 4, 2015, the Board of Directors of Lifetime Brands, Inc. declared a quarterly cash dividend of $0.0425 per share, payable on November 13, 2015 to shareholders of record on October 30, 2015, representing an increase of 13.3%.

Lifetime Brands, Inc. Declares Quarterly Dividend Payable on November 13, 2015

On August 4, 2015, the Board of Directors of Lifetime Brands, Inc. declared a quarterly cash dividend of $0.0425 per share, payable on November 13, 2015 to shareholders of record on October 30, 2015, representing an increase of 13.3%.

 

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Industry Analysis

LCUT

Industry Average

Valuation LCUT Industry Range
Price/Earnings 53.4x
Price/Sales 0.3x
Price/Book 1.1x
Price/Cash Flow 52.7x
TEV/Sales 0.1x
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