Lifetime Brands: Q1 Earnings Snapshot
By AP News
Published - May 10, 2023, 07:36 AM ET
Last Updated - Jun 21, 2023, 09:10 PM EDT
GARDEN CITY, N.Y. (AP) — GARDEN CITY, N.Y. (AP) — Lifetime Brands Inc. (LCUT) on Wednesday reported a loss of $8.8 million in its first quarter.
The Garden City, New York-based company said it had a loss of 41 cents per share. Losses, adjusted for non-recurring costs, came to 12 cents per share.
The kitchen products company posted revenue of $145.4 million in the period.
Lifetime Brands expects full-year earnings in the range of 58 cents to 69 cents per share, with revenue in the range of $660 million to $720 million.
