Lifetime Brands Q1 sales rise 2.4%, beat estimates

Lifetime Brands

07/05/2026 12:14

Overview

Home goods maker's Q1 net sales rose 2.4% yr/yr, beating analyst expectations

Adjusted net income turned positive from a loss a year ago

Company credits early pricing moves and cost actions for improved results

Outlook

Lifetime Brands sees 2026 net sales between $650 mln and $700 mln

Company expects 2026 adjusted EBITDA of $53.5 mln to $56 mln

Lifetime Brands projects 2026 adjusted diluted EPS of $0.73 to $0.80

Result Drivers

PRICING ACTIONS - Co said early pricing moves are now fully embedded and contributed to results

HOME SOLUTIONS GROWTH - Home Solutions segment grew nearly 23%, led by Dolly Parton brand and kitchen tools division

COST STRUCTURE ACTIONS - Co cited deliberate action on cost structure as supporting improved results

Company press release: ID:nGNX91x527

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$143.51 mln
$138.87 mln (3 Analysts)
Q1 EPS
-$0.22
Q1 Adjusted Net Income
$800,000
Q1 Net Income
-$4.77 mln
Q1 Income From Operations
-$2.23 mln
Q1 Pretax Profit
-$6.45 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 10.2% below its May 6 closing price of $5.57

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