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Lifetime Brands, Inc.

LCUT

Lifetime Brands, Inc. • NASDAQ
$3.81 ▲ 8.55% (+0.30)
Market Cap $86.32 M
52w High $7.05
52w Low $2.89
Dividend Yield 0.17%
P/E -2.28
Volume 35.53K
Outstanding Shares 22.66M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $171.912M ▲ $53.731M ▼ $-1.189M ▲ -0.692% ▲ $0 ▲ $12.083M ▲
Q2-2025 $131.862M ▼ $88.046M ▲ $-39.699M ▼ -30.106% ▼ $-1.83 ▼ $-31.99M ▼
Q1-2025 $140.085M ▼ $49.538M ▼ $-4.201M ▼ -2.999% ▼ $-0.19 ▼ $6.27M ▼
Q4-2024 $215.207M ▲ $65.715M ▲ $8.918M ▲ 4.144% ▲ $0.41 ▲ $22.564M ▲
Q3-2024 $183.837M $58.804M $344K 0.187% $0.016 $14.093M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $12.125M ▲ $581.124M ▲ $396.479M ▲ $184.645M ▼
Q2-2025 $12.045M ▲ $551.877M ▼ $366.109M ▼ $185.768M ▼
Q1-2025 $10.375M ▲ $594.593M ▼ $368.917M ▼ $225.676M ▼
Q4-2024 $2.929M ▼ $634.31M ▼ $404.387M ▼ $229.923M ▲
Q3-2024 $5.984M $668.738M $447.82M $220.918M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.189M ▲ $-22.187M ▼ $-381K ▲ $22.646M ▲ $80K ▼ $-22.662M ▼
Q2-2025 $-39.699M ▼ $9.346M ▼ $-1.173M ▲ $-6.596M ▲ $1.67M ▼ $8.173M ▼
Q1-2025 $-4.201M ▼ $16.711M ▼ $-1.573M ▼ $-7.767M ▲ $7.446M ▲ $15.138M ▼
Q4-2024 $8.918M ▲ $20.306M ▲ $-623K ▼ $-22.608M ▼ $-3.055M ▼ $19.683M ▲
Q3-2024 $344K $-22.667M $-506K $25.664M $2.588M $-23.173M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Shipping and Handling
Shipping and Handling
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Income has been fairly steady over the past several years, but growth has stalled and even slipped a bit from the pandemic peak. Gross margins have held up reasonably well, suggesting the core products still retain pricing power and cost control is not out of hand. However, profits at the operating level are slim, and the company has reported small net losses for several consecutive years after briefly returning to profit. This points to a business that works, but with very little margin for error: modest changes in demand, costs, or interest expense can easily swing the bottom line from profit to loss.

Balance Sheet

Balance Sheet The balance sheet shows a business that is stable but not especially cushioned. Total assets have edged down over time, reflecting a gradual tightening of the company’s footprint. Debt remains meaningful compared with the size of the business, though it has trended slightly lower from earlier years. Equity has been broadly flat, which fits with the pattern of marginal profitability. Cash on hand is quite limited, which raises questions about financial flexibility if conditions worsen or if the company wants to invest aggressively. Overall, the balance sheet is serviceable but does not offer a large safety buffer.

Cash Flow

Cash Flow Despite reporting accounting losses recently, the company has consistently generated positive cash from its operations. Free cash flow has also been positive, helped by very light spending on capital projects. This means the day‑to‑day business is still converting sales into cash, even if reported earnings look weak. The flip side is that low capital spending could limit future efficiency gains or growth capacity if maintained for too long. Cash generation is a clear strength, but it is modest, and there is not a large surplus being built up on the balance sheet.

Competitive Edge

Competitive Edge Lifetime Brands competes in a crowded, price‑sensitive category, but it brings some real advantages. Its portfolio of well‑known brands and licenses gives it broad coverage across categories, price points, and retail channels, helping it secure shelf space with major retailers and withstand shifts in consumer tastes. The “house of brands” approach also allows cross‑promotion and resilience when one label underperforms. At the same time, the company faces strong competition from global consumer‑goods players, retailer private labels, and online‑only brands. Its competitive position is solidly established but must be constantly defended through branding, innovation, and cost discipline.

Innovation and R&D

Innovation and R&D Innovation is a key part of Lifetime Brands’ strategy. The company combines a sizable in‑house design organization with an “open innovation” program that sources ideas directly from outside inventors, which has already produced several successful products. It regularly refreshes and expands its product lines—sometimes by the thousands each year—and uses trend research to stay current with materials, designs, and consumer preferences. Partnerships and brand extensions, such as the Dolly Parton line and the expansion of Mikasa Hospitality into commercial glassware, show a willingness to experiment with new niches and collaborations. Operationally, initiatives like Project Concord signal ongoing efforts to redesign the cost structure and improve profitability. The main question is not whether the company can generate new ideas—it clearly can—but how effectively those ideas translate into higher margins and more durable earnings.

Summary

Lifetime Brands appears to be a mature consumer business with recognizable brands, steady (but not growing) revenue, and consistent cash generation, yet it struggles to convert that into reliable profits. Its strengths lie in its diversified brand portfolio, strong retail relationships, and a robust innovation engine that taps both in‑house talent and outside inventors. On the other hand, thin margins, recurring net losses, limited cash reserves, and a still‑meaningful debt load leave it exposed to economic downturns and execution missteps. The company is actively restructuring and pushing new product initiatives to strengthen its position. How well it can improve profitability, reduce financial strain, and maintain brand relevance in a competitive, cyclical market will be central to its longer‑term story.

NEWS

October 30, 2025 · 8:00 AM UTC

Lifetime Brands Announces Third Quarter 2025 Financial Results Release Date and Conference Call

Read more