Brief: Lifetime Brands Says Temporarily Postpones May Quarterly Dividend

Lifetime Brands

02/04/2020 22:54

April 2 (Reuters) - Lifetime Brands Inc  LCUT.O :
    * LIFETIME BRANDS PROVIDES COVID-19 RELATED BUSINESS UPDATE
    * LIFETIME BRANDS INC - TEMPORARILY POSTPONES MAY QUARTERLY
DIVIDEND
    * LIFETIME BRANDS INC - LIQUIDITY POSITION REMAINS SOLID
    * LIFETIME BRANDS INC - CEO ROBERT KAY AND EXECUTIVE
CHAIRMAN
JEFFREY SIEGEL VOLUNTARILY REDUCING THEIR BASE SALARY BY 20%
    * LIFETIME BRANDS INC - MEMBERS OF CO'S BOARD OF DIRECTORS
HAVE
EACH ALSO AGREED TO REDUCE CASH PORTION OF THEIR ANNUAL
COMPENSATION BY 20%
    * LIFETIME BRANDS INC - LIFETIME HAS FURLOUGHED A NUMBER OF
EMPLOYEES IN VARIOUS FUNCTIONS THROUGHOUT COMPANY
    * LIFETIME BRANDS INC - WILL POSTPONE FILING OF ITS FORM
10-Q FOR
Q1 OF FISCAL 2020

Source text for Eikon:  ID:nGNXbmpH4F 
Further company coverage:  LCUT.O 

 ((Reuters.Briefs@thomsonreuters.com;))