Last $15.99 USD
Change Today -0.025 / -0.16%
Volume 4.8K
LCUT On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 12:01 PM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

lifetime brands inc (LCUT) Snapshot

Open
$15.97
Previous Close
$16.01
Day High
$16.06
Day Low
$15.93
52 Week High
04/28/14 - $19.95
52 Week Low
02/10/14 - $14.03
Market Cap
218.8M
Average Volume 10 Days
43.6K
EPS TTM
$0.82
Shares Outstanding
13.7M
EX-Date
01/28/15
P/E TM
19.5x
Dividend
$0.15
Dividend Yield
0.94%
Current Stock Chart for LIFETIME BRANDS INC (LCUT)

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lifetime brands inc (LCUT) Related Businessweek News

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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. It operates through two segments, Wholesale and Retail Direct. The company offers kitchenware products, such as kitchen tools and gadgets, cutlery, cutting boards, cookware, bakeware, and novelty housewares; and tableware products comprising dinnerware, flatware, and glassware. It also provides home solutions that comprise products, such as pantryware, spices, food storage, and home décor products, as well as manufactures sterling silver products. The company owns or licenses various brands, including KitchenAid, Farberware, Mikasa, Pfaltzgraff, Kamenstein, Fred, Towle, Melannco, Elements, and Wallace Silversmiths. In addition, it designs and distributes products to brew and serve coffee and tea under the La Cafetière and Randwyck brands. 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, Lifetime Sterling, and The English Table Internet Websites. Lifetime Brands, Inc. was founded in 1945 and is headquartered in Garden City, New York.

1,247 Employees
Last Reported Date: 03/17/14
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: $450.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $425.0K
Vice Chairman and Chief Operating Officer
Total Annual Compensation: $649.7K
Senior Vice President of Distribution and Dir...
Total Annual Compensation: $359.9K
Compensation as of Fiscal Year 2013.

lifetime brands inc (LCUT) Key Developments

Lifetime Brands, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Intangible Asset Impairment Charges for the Third Quarter Ended September 30, 2014; Revises Sales Guidance for the Year 2014; Declares Quarterly Cash Dividend, Payable on February 13, 2015

Lifetime Brands, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales of USD 162,244,000 compared to USD 142,229,000 a year ago. Income from operations was USD 8,428,000 compared to USD 11,693,000 a year ago. Income before income taxes and equity in earnings were USD 6,730,000 compared to USD 10,413,000 a year ago. Net loss was USD 1,586,000 or USD 0.12 basic per share compared to net income of USD 1,093,000 or USD 0.09 basic per share a year ago. EBITDA was USD 16,470,000 compared to USD 15,067,000 a year ago. Adjusted net income was USD 5,692,000 or USD 0.41 diluted per share compared to USD 6,112,000 or USD 0.47 diluted per share a year ago. The increase in net sales includes USD 20.7 million in net sales attributable to businesses that the company acquired in 2014. For the nine months ended, the company reported net sales of USD 395,976,000 compared to USD 337,862,000 a year ago. Income from operations was USD 3,074,000 compared to USD 11,590,000 a year ago. Loss before income taxes and equity in earnings were USD 2,005,000 compared to income before income taxes and equity in earnings of USD 7,999,000 a year ago. Net loss was USD 7,717,000 or USD 0.57 basic per share compared to USD 107,000 or USD 0.01 basic per share a year ago. Net cash used in operating activities was USD 21,461,000 compared to net cash provided by operating activities of USD 5,834,000 a year ago. Purchases of property and equipment were USD 4,410,000 compared to USD 2,772,000 a year ago. Adjusted net income was USD 885,000 or USD 0.06 diluted per share compared to USD 4,413,000 or USD 0.34 diluted per share a year ago. For the quarter, the company reported intangible asset impairment charges of USD 3,384,000. Reflecting the outlook for ongoing weakness in sales of certain product categories in the U.S., the company is reducing its sales guidance for the year to USD 590 million from the USD 600 million that the company previously had forecast. On November 5, 2014, the company declared quarterly dividend of USD 0.0375 per share, payable on February 13, 2015, to shareholders of record on January 30, 2015.

Lifetime Brands, Inc. to Report Q3, 2014 Results on Nov 06, 2014

Lifetime Brands, Inc. announced that they will report Q3, 2014 results at 11:00 AM, Eastern Daylight on Nov 06, 2014

Lifetime Brands, Inc., Q3 2014 Earnings Call, Nov 06, 2014

Lifetime Brands, Inc., Q3 2014 Earnings Call, Nov 06, 2014

 

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LCUT

Industry Average

Valuation LCUT Industry Range
Price/Earnings 100.0x
Price/Sales 0.4x
Price/Book 1.2x
Price/Cash Flow 131.1x
TEV/Sales 0.1x
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