Lifetime brands

Financials
Lifetime Brands Navigates Pandemic In Q1

Lifetime Brands has reported a decrease in consolidated net sales, with a net loss for the quarter ended March 31. The company noted that the loss in part was the result of brick-and-mortar store closings and supply chain disruptions earlier this year as a result of the coronavirus pandemic.

Financials
Lifetime Brands Q4 Sales Decline Despite U.S. Growth

Despite growth in its core U.S. business, Lifetime Brands reported a slight decrease in net sales for the fourth quarter of 2019. Rob Kay, company CEO, stated that operational challenges from its reorganized U.K. operations had an impact on shipments, offsetting the company’s overall results.

Financials
Lifetime Brands Delivers Q3 Sales Growth

Despite tariffs in the U.S. and Brexit uncertainty in Europe, third quarter sales increased at Lifetime Brands, as the company said it is seeing results as it focuses on its newly rolled-out strategic product development and sales initiatives in connection with the acquisition of Filament Brands. 

Financials
Lifetime Brands Q2 Sales Down

Second quarter sales at Lifetime Brands were down as company officials pinned the decline on a down cycle at retail coupled with broader issues such as the impact of tariffs and uncertainty over Brexit.

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