Brief: Lifetime Brands Q3 Loss Per Share $0.66

Lifetime Brands

07/11/2019 12:31

Lifetime Brands Inc  LCUT.O :
    * LIFETIME BRANDS, INC. REPORTS THIRD QUARTER 2019 FINANCIAL
RESULTS
    * Q3 SALES ROSE 2.9 PERCENT TO $215.5 MILLION
    * Q3 LOSS PER SHARE $0.66
    * LIFETIME BRANDS - RELATED TO EUROPEAN RESTRUCTURING
INITIATIVE,
IN QUARTER CO RECOGNIZED A $9.7 MILLION NON-CASH WRITE-OFF OF
FULL CARRYING VALUE OF GOODWILL
    * QTRLY ADJUSTED LOSS PER SHARE $0.13
    * SEES 2019 NET SALES $745 MILLION  TO $750 MILLION
    * SEES 2019 BASIC LOSS PER COMMON SHARE $0.28 TO $0.43 PER
SHARE
    * SEES 2019 ADJUSTED DILUTED INCOME PER COMMON SHARE $0.47
TO
$0.61 PER SHARE

Source text for Eikon:  ID:nGNX2Dh70D 
Further company coverage:  LCUT.O