Brief: Lifetime Brands Inc. Reports Strong First Quarter 2022 Financial Results

Lifetime Brands

05/05/2022 12:27

May 5 (Reuters) - Lifetime Brands Inc  LCUT.O :
    * LIFETIME BRANDS, INC. REPORTS STRONG FIRST QUARTER 2022
FINANCIAL RESULTS
    * LIFETIME BRANDS INC - CONSOLIDATED NET SALES FOR THREE
MONTHS
ENDED MARCH 31, 2022 WERE $182.7 MILLION
    * LIFETIME BRANDS INC - QTRLY NET INCOME WAS $0.4 MILLION,
OR
$0.02 PER DILUTED SHARE
    * LIFETIME BRANDS INC - QTRLY ADJUSTED NET INCOME WAS $1.4
MILLION, OR $0.06 PER DILUTED SHARE
    * LIFETIME BRANDS INC -  SEES FY NET SALES $904 MILLION TO
$924
MILLION
    * LIFETIME BRANDS INC -  SEES FY ADJUSTED DILUTED INCOME PER
COMMON SHARE $1.50 TO $1.64 PER SHARE
    * LIFETIME BRANDS INC -  SEES FY DILUTED INCOME PER COMMON
SHARE
$1.36 TO $1.50 PER SHARE

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