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Lifetime Brands: Q4 Earnings Snapshot

Lifetime Brands: Q4 Earnings Snapshot

By AP News
Published - Mar 12, 2024, 07:36 AM ET
Last Updated - Mar 12, 2024, 07:36 AM EDT

GARDEN CITY, N.Y. (AP) — GARDEN CITY, N.Y. (AP) — Lifetime Brands Inc. (LCUT) on Tuesday reported profit of $2.7 million in its fourth quarter.

On a per-share basis, the Garden City, New York-based company said it had profit of 13 cents. Earnings, adjusted for one-time gains and costs, came to 29 cents per share.

The kitchen products company posted revenue of $203.1 million in the period.

For the year, the company reported a loss of $8.4 million, or 40 cents per share. Revenue was reported as $686.7 million.

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