Overview
U.S. home goods supplier's Q4 revenue fell 5% yr/yr but beat analyst expectations
Company improved operating profit and cut costs despite lower sales
Quarterly dividend maintained at $0.0425 per share
Outlook
Lifetime Brands will provide full-year 2026 guidance with Q1 results in mid-May
Result Drivers
COST REDUCTIONS - Co said decisive actions to reduce its cost structure contributed to improved operating profit in Q4
PRICING ACTIONS - Co moved first on pricing to offset tariff headwinds, according to CEO Rob Kay
DOLLY BRAND GROWTH - Dolly brand sales rose 150% for the year, per CEO Rob Kay
Company press release: ID:nGNX1p194R
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$204.07 mln
$201.16 mln (3 Analysts)
Q4 EPS
$0.83
Q4 Adjusted Net Income
Beat
$23 mln
$9.20 mln (1 Analyst)
Q4 Net Income
$18.15 mln
Q4 Income From Operations
$19.98 mln
Q4 Pretax Profit
$14.93 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
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 $5.00, about 65.6% above its March 11 closing price of $3.02
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)