Lifetime Brands misses Q3 revenue estimates, withholds guidance on tariff uncertainties

Lifetime Brands

06/11/2025 12:10

Overview

Lifetime Brands Q3 revenue decreased 6.5% yr/yr, missing analyst expectations

Company reported a net loss of $1.2 mln, compared to net income last year

Company emphasizes cost controls and Project Concord for future performance

Outlook

Lifetime Brands refrains from issuing formal 2025 guidance due to tariff uncertainties

Project Concord expected to enhance efficiency and margins in International segment

Company evaluating M&A opportunities to strengthen market share

Result Drivers

TARIFF MITIGATION - Co implemented a strategy to mitigate tariffs, aiding performance despite market volatility

PROJECT CONCORD - Project Concord is advancing as planned, enhancing efficiency and margins in the International segment

COST CONTROLS - Disciplined cost management contributed to performance amid revenue decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$171.91 mln
$178.76 mln (2 Analysts)
Q3 EPS
-$0.05
Q3 Adjusted Net Income
$2.50 mln
Q3 Net Income
-$1.19 mln
Q3 Income From Operations
$6.69 mln
Q3 Pretax Profit
$1.67 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the appliances, tools & housewares peer group is "hold."

Wall Street's median 12-month price target for Lifetime Brands Inc is $6.00, about 48.7% above its November 5 closing price of $3.08

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX2Ds5sC

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)